USA Mega

Colorado Powerball Jackpot Annuity Payout Schedule for Aug 4, 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 $205,600,000 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, Aug 4, 2018
Jackpot:$205,600,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,094,575$1,100,950$136,161$1,857,464
2$3,249,304$1,158,200$142,969$1,948,135
3$3,411,769$1,218,312$150,118$2,043,339
4$3,582,358$1,281,430$157,624$2,143,304
5$3,761,475$1,347,703$165,505$2,248,267
6$3,949,549$1,417,290$173,780$2,358,479
7$4,147,027$1,490,357$182,469$2,474,200
8$4,354,378$1,567,077$191,593$2,595,708
9$4,572,097$1,647,633$201,172$2,723,291
10$4,800,702$1,732,217$211,231$2,857,254
11$5,040,737$1,821,030$221,792$2,997,914
12$5,292,774$1,914,283$232,882$3,145,608
13$5,557,412$2,012,200$244,526$3,300,686
14$5,835,283$2,115,012$256,752$3,463,519
15$6,127,047$2,222,965$269,590$3,634,492
16$6,433,399$2,336,315$283,070$3,814,015
17$6,755,069$2,455,333$297,223$4,002,513
18$7,092,823$2,580,302$312,084$4,200,437
19$7,447,464$2,711,519$327,688$4,408,257
20$7,819,837$2,849,297$344,073$4,626,467
21$8,210,829$2,993,964$361,276$4,855,588
22$8,621,370$3,145,864$379,340$5,096,166
23$9,052,439$3,305,360$398,307$5,348,772
24$9,505,061$3,472,830$418,223$5,614,008
25$9,980,314$3,648,673$439,134$5,892,507
26$10,479,330$3,833,309$461,091$6,184,930
27$11,003,296$4,027,177$484,145$6,491,974
28$11,553,461$4,230,738$508,352$6,814,371
29$12,131,134$4,444,477$533,770$7,152,887
30$12,737,691$4,668,903$560,458$7,508,329
Total$205,600,000$74,750,720$9,046,398$121,802,881

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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.