USA Mega

Colorado Powerball Jackpot Annuity Payout Schedule for Aug 3, 2011

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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 $160,700,000 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, Aug 3, 2011
Jackpot:$160,700,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,865,297$1,016,117$126,073$1,723,107
2$2,979,909$1,058,524$131,116$1,790,269
3$3,099,105$1,102,626$136,361$1,860,118
4$3,223,069$1,148,493$141,815$1,932,761
5$3,351,992$1,196,194$147,488$2,008,310
6$3,486,072$1,245,804$153,387$2,086,881
7$3,625,515$1,297,398$159,523$2,168,594
8$3,770,535$1,351,055$165,904$2,253,576
9$3,921,357$1,406,859$172,540$2,341,958
10$4,078,211$1,464,895$179,441$2,433,874
11$4,241,339$1,525,253$186,619$2,529,468
12$4,410,993$1,588,025$194,084$2,628,885
13$4,587,433$1,653,307$201,847$2,732,278
14$4,770,930$1,721,201$209,921$2,839,808
15$4,961,767$1,791,811$218,318$2,951,638
16$5,160,238$1,865,245$227,050$3,067,942
17$5,366,647$1,941,617$236,132$3,188,898
18$5,581,313$2,021,043$245,578$3,314,692
19$5,804,566$2,103,647$255,401$3,445,518
20$6,036,748$2,189,554$265,617$3,581,577
21$6,278,218$2,278,898$276,242$3,723,079
22$6,529,347$2,371,816$287,291$3,870,240
23$6,790,521$2,468,450$298,783$4,023,288
24$7,062,142$2,568,950$310,734$4,182,458
25$7,344,628$2,673,469$323,164$4,347,994
26$7,638,413$2,782,170$336,090$4,520,153
27$7,943,949$2,895,218$349,534$4,699,197
28$8,261,707$3,012,789$363,515$4,885,403
29$8,592,175$3,135,062$378,056$5,079,058
30$8,935,862$3,262,226$393,178$5,280,458
Total$160,700,000$58,137,716$7,070,802$95,491,480

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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.