USA Mega

Colorado Powerball Jackpot Annuity Payout Schedule for Nov 3, 2010

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $106,500,000 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, Nov 3, 2010
Jackpot:$106,500,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,898,906$658,552$83,552$1,156,801
2$1,974,862$686,656$86,894$1,201,312
3$2,053,856$715,884$90,370$1,247,603
4$2,136,011$746,281$93,984$1,295,745
5$2,221,451$777,894$97,744$1,345,813
6$2,310,309$810,772$101,654$1,397,884
7$2,402,721$844,964$105,720$1,452,037
8$2,498,830$880,524$109,949$1,508,357
9$2,598,783$917,507$114,346$1,566,930
10$2,702,735$955,969$118,920$1,627,845
11$2,810,844$995,970$123,677$1,691,197
12$2,923,278$1,037,570$128,624$1,757,084
13$3,040,209$1,080,835$133,769$1,825,605
14$3,161,817$1,125,830$139,120$1,896,868
15$3,288,290$1,172,625$144,685$1,970,981
16$3,419,822$1,221,291$150,472$2,048,058
17$3,556,614$1,271,905$156,491$2,128,219
18$3,698,879$1,324,543$162,751$2,211,586
19$3,846,834$1,379,286$169,261$2,298,288
20$4,000,708$1,436,219$176,031$2,388,457
21$4,160,736$1,495,430$183,072$2,482,234
22$4,327,165$1,557,008$190,395$2,579,762
23$4,500,252$1,621,050$198,011$2,681,190
24$4,680,262$1,687,654$205,932$2,786,676
25$4,867,473$1,756,922$214,169$2,896,382
26$5,062,171$1,828,961$222,736$3,010,475
27$5,264,658$1,903,881$231,645$3,129,133
28$5,475,245$1,981,798$240,911$3,252,536
29$5,694,254$2,062,831$250,547$3,380,876
30$5,922,025$2,147,106$260,569$3,514,349
Total$106,500,000$38,083,718$4,686,001$63,730,283

◄ Back to Jackpot Analysis

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.