USA Mega

Colorado Powerball Jackpot Annuity Payout Schedule for Feb 11, 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 $336,400,000 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, Feb 11, 2012
Jackpot:$336,400,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,998,045$2,175,234$263,914$3,558,897
2$6,237,967$2,264,005$274,471$3,699,492
3$6,487,486$2,356,327$285,449$3,845,709
4$6,746,985$2,452,342$296,867$3,997,776
5$7,016,865$2,552,197$308,742$4,155,925
6$7,297,539$2,656,047$321,092$4,320,401
7$7,589,441$2,764,050$333,935$4,491,455
8$7,893,018$2,876,374$347,293$4,669,352
9$8,208,739$2,993,191$361,185$4,854,364
10$8,537,089$3,114,680$375,632$5,046,777
11$8,878,572$3,241,029$390,657$5,246,886
12$9,233,715$3,372,432$406,283$5,455,000
13$9,603,064$3,509,091$422,535$5,671,438
14$9,987,186$3,651,216$439,436$5,896,534
15$10,386,674$3,799,027$457,014$6,130,634
16$10,802,141$3,952,749$475,294$6,374,097
17$11,234,226$4,112,621$494,306$6,627,299
18$11,683,596$4,278,888$514,078$6,890,630
19$12,150,939$4,451,805$534,641$7,164,493
20$12,636,977$4,631,639$556,027$7,449,311
21$13,142,456$4,818,666$578,268$7,745,522
22$13,668,154$5,013,174$601,399$8,053,581
23$14,214,880$5,215,463$625,455$8,373,963
24$14,783,476$5,425,843$650,473$8,707,159
25$15,374,815$5,644,639$676,492$9,053,684
26$15,989,807$5,872,186$703,552$9,414,070
27$16,629,399$6,108,835$731,694$9,788,871
28$17,294,575$6,354,950$760,961$10,178,664
29$17,986,358$6,610,910$791,400$10,584,049
30$18,705,813$6,877,108$823,056$11,005,649
Total$336,400,000$123,146,718$14,801,601$198,451,682

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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.