USA Mega

Colorado Powerball Jackpot Annuity Payout Schedule for Nov 1, 2017

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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 $50,100,000 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:Wed, Nov 1, 2017
Jackpot:$50,100,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$754,077$234,966$33,179$485,932
2$791,781$248,916$34,838$508,026
3$831,370$263,564$36,580$531,225
4$872,938$278,944$38,409$555,585
5$916,585$295,094$40,330$581,162
6$962,414$312,051$42,346$608,018
7$1,010,535$329,855$44,464$636,216
8$1,061,062$348,550$46,687$665,825
9$1,114,115$368,180$49,021$696,914
10$1,169,821$388,791$51,472$729,558
11$1,228,312$410,433$54,046$763,833
12$1,289,727$433,156$56,748$799,823
13$1,354,214$457,016$59,585$837,612
14$1,421,924$482,069$62,565$877,290
15$1,493,021$508,375$65,693$918,953
16$1,567,672$535,996$68,978$962,698
17$1,646,055$564,998$72,426$1,008,631
18$1,728,358$595,450$76,048$1,056,861
19$1,814,776$627,424$79,850$1,107,501
20$1,905,515$660,998$83,843$1,160,674
21$2,000,790$696,250$88,035$1,216,506
22$2,100,830$733,264$92,437$1,275,129
23$2,205,872$772,130$97,058$1,336,683
24$2,316,165$812,938$101,911$1,401,315
25$2,431,973$855,787$107,007$1,469,179
26$2,553,572$900,779$112,357$1,540,436
27$2,681,251$948,020$117,975$1,615,256
28$2,815,313$997,623$123,874$1,693,816
29$2,956,079$1,049,706$130,067$1,776,305
30$3,103,883$1,104,394$136,571$1,862,918
Total$50,100,000$17,215,717$2,204,400$30,679,880

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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.