USA Mega

Colorado Powerball Jackpot Annuity Payout Schedule for Jan 21, 2012

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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 $103,100,000 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, Jan 21, 2012
Jackpot:$103,100,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,838,283$636,122$80,884$1,121,277
2$1,911,815$663,329$84,120$1,164,366
3$1,988,287$691,623$87,485$1,209,179
4$2,067,819$721,050$90,984$1,255,784
5$2,150,531$751,654$94,623$1,304,254
6$2,236,553$783,482$98,408$1,354,663
7$2,326,015$816,583$102,345$1,407,087
8$2,419,055$851,008$106,438$1,461,609
9$2,515,818$886,810$110,696$1,518,312
10$2,616,450$924,044$115,124$1,577,283
11$2,721,108$962,767$119,729$1,638,612
12$2,829,953$1,003,040$124,518$1,702,395
13$2,943,151$1,044,923$129,499$1,768,729
14$3,060,877$1,088,482$134,679$1,837,716
15$3,183,312$1,133,783$140,066$1,909,463
16$3,310,644$1,180,896$145,668$1,984,080
17$3,443,070$1,229,893$151,495$2,061,682
18$3,580,793$1,280,851$157,555$2,142,387
19$3,724,025$1,333,846$163,857$2,226,321
20$3,872,985$1,388,962$170,411$2,313,612
21$4,027,905$1,446,282$177,228$2,404,395
22$4,189,021$1,505,895$184,317$2,498,809
23$4,356,582$1,567,893$191,690$2,597,000
24$4,530,845$1,632,370$199,357$2,699,118
25$4,712,079$1,699,426$207,331$2,805,321
26$4,900,562$1,769,165$215,625$2,915,772
27$5,096,585$1,841,694$224,250$3,030,641
28$5,300,448$1,917,123$233,220$3,150,105
29$5,512,466$1,995,570$242,549$3,274,348
30$5,732,965$2,077,154$252,250$3,403,560
Total$103,100,000$36,825,720$4,536,401$61,737,880

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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.