USA Mega

Colorado Powerball Jackpot Annuity Payout Schedule for Mar 17, 2018

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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 $456,700,000 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, Mar 17, 2018
Jackpot:$456,700,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,873,990$2,499,334$302,456$4,072,201
2$7,217,690$2,626,503$317,578$4,273,609
3$7,578,574$2,760,030$333,457$4,485,087
4$7,957,503$2,900,233$350,130$4,707,140
5$8,355,378$3,047,447$367,637$4,940,294
6$8,773,147$3,202,022$386,018$5,185,107
7$9,211,805$3,364,325$405,319$5,442,160
8$9,672,395$3,534,743$425,585$5,712,066
9$10,156,015$3,713,683$446,865$5,995,467
10$10,663,815$3,901,569$469,208$6,293,039
11$11,197,006$4,098,850$492,668$6,605,488
12$11,756,856$4,305,994$517,302$6,933,561
13$12,344,699$4,523,496$543,167$7,278,036
14$12,961,934$4,751,873$570,325$7,639,736
15$13,610,031$4,991,669$598,841$8,019,521
16$14,290,533$5,243,454$628,783$8,418,295
17$15,005,059$5,507,829$660,223$8,837,007
18$15,755,312$5,785,423$693,234$9,276,656
19$16,543,077$6,076,896$727,895$9,738,286
20$17,370,231$6,382,943$764,290$10,222,998
21$18,238,743$6,704,292$802,505$10,731,946
22$19,150,680$7,041,709$842,630$11,266,341
23$20,108,214$7,395,997$884,761$11,827,456
24$21,113,625$7,767,998$928,999$12,416,627
25$22,169,306$8,158,600$975,449$13,035,256
26$23,277,772$8,568,733$1,024,222$13,684,817
27$24,441,660$8,999,371$1,075,433$14,366,856
28$25,663,743$9,451,542$1,129,205$15,082,996
29$26,946,930$9,926,321$1,185,665$15,834,944
30$28,294,277$10,424,840$1,244,948$16,624,489
Total$456,700,001$167,657,719$20,094,798$268,947,482

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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.