USA Mega

Colorado Powerball Jackpot Annuity Payout Schedule for Nov 8, 2014

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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 $202,600,000 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, Nov 8, 2014
Jackpot:$202,600,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,612,378$1,292,537$158,945$2,160,896
2$3,756,873$1,346,000$165,302$2,245,570
3$3,907,148$1,401,602$171,915$2,333,632
4$4,063,434$1,459,428$178,791$2,425,215
5$4,225,971$1,519,567$185,943$2,520,462
6$4,395,010$1,582,111$193,380$2,619,519
7$4,570,811$1,647,157$201,116$2,722,538
8$4,753,643$1,714,805$209,160$2,829,678
9$4,943,789$1,785,159$217,527$2,941,103
10$5,141,540$1,858,327$226,228$3,056,985
11$5,347,202$1,934,422$235,277$3,177,503
12$5,561,090$2,013,561$244,688$3,302,842
13$5,783,534$2,095,865$254,475$3,433,193
14$6,014,875$2,181,461$264,655$3,568,760
15$6,255,470$2,270,481$275,241$3,709,748
16$6,505,689$2,363,062$286,250$3,856,376
17$6,765,916$2,459,346$297,700$4,008,870
18$7,036,553$2,559,482$309,608$4,167,463
19$7,318,015$2,663,623$321,993$4,332,400
20$7,610,736$2,771,929$334,872$4,503,934
21$7,915,165$2,884,568$348,267$4,682,330
22$8,231,772$3,001,713$362,198$4,867,861
23$8,561,043$3,123,543$376,686$5,060,814
24$8,903,484$3,250,246$391,753$5,261,485
25$9,259,624$3,382,018$407,423$5,470,182
26$9,630,009$3,519,060$423,720$5,687,228
27$10,015,209$3,661,585$440,669$5,912,955
28$10,415,817$3,809,810$458,296$6,147,712
29$10,832,450$3,963,964$476,628$6,391,859
30$11,265,748$4,124,284$495,693$6,645,771
Total$202,600,000$73,640,716$8,914,399$120,044,884

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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.