USA Mega

Colorado Powerball Jackpot Annuity Payout Schedule for Feb 1, 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 $173,500,000 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, Feb 1, 2012
Jackpot:$173,500,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,093,522$1,100,560$136,115$1,856,847
2$3,217,263$1,146,345$141,560$1,929,359
3$3,345,954$1,193,960$147,222$2,004,772
4$3,479,792$1,243,480$153,111$2,083,201
5$3,618,983$1,294,981$159,235$2,164,767
6$3,763,743$1,348,542$165,605$2,249,596
7$3,914,292$1,404,245$172,229$2,337,818
8$4,070,864$1,462,177$179,118$2,429,569
9$4,233,699$1,522,426$186,283$2,524,990
10$4,403,047$1,585,085$193,734$2,624,228
11$4,579,169$1,650,250$201,483$2,727,436
12$4,762,335$1,718,021$209,543$2,834,771
13$4,952,829$1,788,504$217,924$2,946,400
14$5,150,942$1,861,806$226,641$3,062,495
15$5,356,980$1,938,040$235,707$3,183,233
16$5,571,259$2,017,323$245,135$3,308,800
17$5,794,109$2,099,778$254,941$3,439,391
18$6,025,873$2,185,530$265,138$3,575,205
19$6,266,908$2,274,713$275,744$3,716,451
20$6,517,585$2,367,464$286,774$3,863,347
21$6,778,288$2,463,924$298,245$4,016,120
22$7,049,420$2,564,243$310,174$4,175,003
23$7,331,396$2,668,574$322,581$4,340,241
24$7,624,652$2,777,079$335,485$4,512,089
25$7,929,638$2,889,923$348,904$4,690,811
26$8,246,824$3,007,282$362,860$4,876,682
27$8,576,697$3,129,335$377,375$5,069,987
28$8,919,765$3,256,270$392,470$5,271,025
29$9,276,555$3,388,283$408,168$5,480,104
30$9,647,617$3,525,576$424,495$5,697,547
Total$173,500,000$62,873,719$7,633,999$102,992,285

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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.