USA Mega

Colorado Powerball Jackpot Annuity Payout Schedule for May 13, 2000

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The tax information provided here is based on 2025 federal marginal rates and state tax rates.  It shows the final federal and state tax burdens each year, not the amount initially withheld by the lottery.

The Powerball annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $35,100,000 for a ticket purchased in Colorado, including taxes withheld.

Please note, the amounts shown are very close approximations to the amount a jackpot annuity winner would receive from the lottery every year.  They are not intended to specify the exact final tax burden, which may vary depending on how the winner chooses to invest or dispense their money, as well as deductions claimed.

State:

Colorado

Drawing Date:Sat, May 13, 2000
Jackpot:$35,100,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$625,836$188,590$27,537$409,710
2$650,870$197,842$28,638$424,390
3$676,905$207,475$29,784$439,646
4$703,981$217,493$30,975$455,513
5$732,140$227,912$32,214$472,014
6$761,426$238,748$33,503$489,175
7$791,883$250,017$34,843$507,023
8$823,558$261,737$36,237$525,585
9$856,500$273,925$37,686$544,889
10$890,760$286,602$39,193$564,965
11$926,391$299,785$40,761$585,845
12$963,447$313,495$42,392$607,559
13$1,001,984$327,754$44,087$630,143
14$1,042,064$342,584$45,851$653,629
15$1,083,746$358,006$47,685$678,055
16$1,127,096$374,046$49,592$703,458
17$1,172,180$390,727$51,576$729,877
18$1,219,067$408,075$53,639$757,353
19$1,267,830$426,117$55,785$785,928
20$1,318,543$444,881$58,016$815,646
21$1,371,285$464,396$60,337$846,553
22$1,426,136$484,691$62,750$878,696
23$1,483,182$505,797$65,260$912,124
24$1,542,509$527,749$67,870$946,890
25$1,604,209$550,578$70,585$983,046
26$1,668,378$574,320$73,409$1,020,649
27$1,735,113$599,012$76,345$1,059,756
28$1,804,517$624,692$79,399$1,100,427
29$1,876,698$651,398$82,575$1,142,725
30$1,951,766$679,174$85,878$1,186,715
Total$35,100,000$11,697,618$1,544,402$21,857,984

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Note: The Net Payment total above may be a few dollars off from the total after-tax annuity amount shown on the Jackpot Analysis page because the Jackpot Analysis page shows an average annual payment, whereas we calculate an exact payment here.