USA Mega

Colorado Powerball Jackpot Annuity Payout Schedule for Jul 22, 2017

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $201,300,000 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, Jul 22, 2017
Jackpot:$201,300,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,029,854$1,077,003$133,314$1,819,537
2$3,181,347$1,133,055$139,979$1,908,312
3$3,340,414$1,191,910$146,978$2,001,525
4$3,507,435$1,253,708$154,327$2,099,399
5$3,682,806$1,318,596$162,043$2,202,167
6$3,866,947$1,386,728$170,146$2,310,073
7$4,060,294$1,458,266$178,653$2,423,375
8$4,263,309$1,533,381$187,586$2,542,342
9$4,476,474$1,612,253$196,965$2,667,257
10$4,700,298$1,695,067$206,813$2,798,417
11$4,935,313$1,782,023$217,154$2,936,136
12$5,182,078$1,873,326$228,011$3,080,741
13$5,441,182$1,969,195$239,412$3,232,576
14$5,713,241$2,069,857$251,383$3,392,002
15$5,998,903$2,175,552$263,952$3,559,400
16$6,298,849$2,286,531$277,149$3,735,168
17$6,613,791$2,403,060$291,007$3,919,724
18$6,944,481$2,525,415$305,557$4,113,508
19$7,291,705$2,653,888$320,835$4,316,982
20$7,656,290$2,788,785$336,877$4,530,629
21$8,039,104$2,930,426$353,721$4,754,958
22$8,441,060$3,079,149$371,407$4,990,504
23$8,863,113$3,235,309$389,977$5,237,827
24$9,306,268$3,399,276$409,476$5,497,516
25$9,771,581$3,571,442$429,950$5,770,190
26$10,260,161$3,752,217$451,447$6,056,497
27$10,773,169$3,942,030$474,019$6,357,120
28$11,311,827$4,141,333$497,720$6,672,773
29$11,877,418$4,350,602$522,606$7,004,210
30$12,471,289$4,570,334$548,737$7,352,218
Total$201,300,000$73,159,717$8,857,201$119,283,083

◄ Back to Jackpot Analysis

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.