USA Mega

Colorado Powerball Jackpot Annuity Payout Schedule for Nov 29, 2021

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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 $252,000,000 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:Mon, Nov 29, 2021
Jackpot:$252,000,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,792,962$1,359,353$166,890$2,266,718
2$3,982,610$1,429,523$175,235$2,377,852
3$4,181,740$1,503,201$183,997$2,494,542
4$4,390,827$1,580,563$193,196$2,617,068
5$4,610,368$1,661,794$202,856$2,745,719
6$4,840,887$1,747,085$212,999$2,880,803
7$5,082,931$1,836,642$223,649$3,022,641
8$5,337,078$1,930,676$234,831$3,171,570
9$5,603,932$2,029,412$246,573$3,327,947
10$5,884,128$2,133,085$258,902$3,492,142
11$6,178,335$2,241,941$271,847$3,664,547
12$6,487,252$2,356,240$285,439$3,845,572
13$6,811,614$2,476,254$299,711$4,035,649
14$7,152,195$2,602,269$314,697$4,235,229
15$7,509,805$2,734,585$330,431$4,444,788
16$7,885,295$2,873,516$346,953$4,664,826
17$8,279,560$3,019,394$364,301$4,895,865
18$8,693,538$3,172,566$382,516$5,138,456
19$9,128,214$3,333,397$401,641$5,393,176
20$9,584,625$3,502,269$421,724$5,660,633
21$10,063,856$3,679,584$442,810$5,941,463
22$10,567,049$3,865,765$464,950$6,236,334
23$11,095,402$4,061,256$488,198$6,545,948
24$11,650,172$4,266,521$512,608$6,871,043
25$12,232,680$4,482,049$538,238$7,212,393
26$12,844,315$4,708,354$565,150$7,570,811
27$13,486,530$4,945,973$593,407$7,947,149
28$14,160,857$5,195,474$623,078$8,342,305
29$14,868,899$5,457,450$654,232$8,757,218
30$15,612,344$5,732,525$686,943$9,192,877
Total$252,000,001$91,918,716$11,088,002$148,993,284

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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.