USA Mega

Colorado Powerball Jackpot Annuity Payout Schedule for Sep 4, 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 $365,700,000 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, Sep 4, 2021
Jackpot:$365,700,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,504,310$1,992,552$242,190$3,269,568
2$5,779,525$2,094,382$254,299$3,430,845
3$6,068,501$2,201,303$267,014$3,600,185
4$6,371,927$2,313,570$280,365$3,777,992
5$6,690,523$2,431,451$294,383$3,964,689
6$7,025,049$2,555,225$309,102$4,160,722
7$7,376,302$2,685,189$324,557$4,366,556
8$7,745,117$2,821,650$340,785$4,582,681
9$8,132,373$2,964,935$357,824$4,809,613
10$8,538,991$3,115,384$375,716$5,047,892
11$8,965,941$3,273,355$394,501$5,298,084
12$9,414,238$3,439,225$414,226$5,560,786
13$9,884,950$3,613,389$434,938$5,836,623
14$10,379,197$3,796,260$456,685$6,126,252
15$10,898,157$3,988,275$479,519$6,430,363
16$11,443,065$4,189,891$503,495$6,749,679
17$12,015,218$4,401,588$528,670$7,084,960
18$12,615,979$4,623,869$555,103$7,437,006
19$13,246,778$4,857,265$582,858$7,806,655
20$13,909,117$5,102,330$612,001$8,194,785
21$14,604,573$5,359,649$642,601$8,602,322
22$15,334,801$5,629,834$674,731$9,030,236
23$16,101,541$5,913,528$708,468$9,479,546
24$16,906,618$6,211,406$743,891$9,951,321
25$17,751,949$6,524,178$781,086$10,446,685
26$18,639,547$6,852,590$820,140$10,966,817
27$19,571,524$7,197,421$861,147$11,512,956
28$20,550,100$7,559,494$904,204$12,086,401
29$21,577,605$7,939,671$949,415$12,688,519
30$22,656,486$8,338,857$996,885$13,320,743
Total$365,700,001$133,987,716$16,090,799$215,621,482

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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.