USA Mega

Colorado Powerball Jackpot Annuity Payout Schedule for Jul 25, 2001

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The tax information provided here is based on 2026 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 $45,900,000 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:Wed, Jul 25, 2001
Jackpot:$45,900,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$818,402$258,766$36,010$523,626
2$851,138$270,878$37,450$542,809
3$885,183$283,475$38,948$562,760
4$920,590$296,576$40,506$583,509
5$957,414$310,200$42,126$605,087
6$995,711$324,370$43,811$627,529
7$1,035,539$339,107$45,564$650,869
8$1,076,961$354,433$47,386$675,142
9$1,120,039$370,372$49,282$700,386
10$1,164,841$386,948$51,253$726,639
11$1,211,434$404,188$53,303$753,943
12$1,259,892$422,117$55,435$782,339
13$1,310,287$440,764$57,653$811,871
14$1,362,699$460,156$59,959$842,584
15$1,417,207$480,324$62,357$874,526
16$1,473,895$501,298$64,851$907,745
17$1,532,851$523,112$67,445$942,293
18$1,594,165$545,798$70,143$978,223
19$1,657,931$569,392$72,949$1,015,591
20$1,724,249$593,929$75,867$1,054,452
21$1,793,219$619,448$78,902$1,094,869
22$1,864,947$645,988$82,058$1,136,902
23$1,939,545$673,589$85,340$1,180,616
24$2,017,127$702,294$88,754$1,226,079
25$2,097,812$732,148$92,304$1,273,361
26$2,181,725$763,195$95,996$1,322,533
27$2,268,994$795,485$99,836$1,373,673
28$2,359,753$829,066$103,829$1,426,858
29$2,454,143$863,990$107,982$1,482,171
30$2,552,309$900,312$112,302$1,539,696
Total$45,900,000$15,661,718$2,019,601$28,218,681

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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.