Jackpot Analysis Colorado Powerball

Jackpot Analysis for Colorado Powerball
The jackpot for the Powerball draw on Sat Apr 26, 2025, is projected to be $168 Million, with an option for a cash payout of $77.1 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Colorado residents, the state will deduct 4% from your lottery earnings.

Colorado Powerball Jackpot/Cash Option for Sat Apr 26, 2025
Draw DateSat Apr 26, 2025
Projected Jackpot$168,000,000
Cash Value$77,100,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$77,100,000
Federal Tax(24%)$18,504,000
Additional Federal Tax$9,983,330
State Tax(4%)$3,084,000
Net Lumpsum Payment$45,528,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $2,528,568 $895,901
$101,143
$1,531,524
2 $2,655,072 $942,707
$106,203
$1,606,162
3 $2,787,792 $991,813
$111,512
$1,684,467
4 $2,927,232 $1,043,406
$117,089
$1,766,737
5 $3,073,560 $1,097,548
$122,942
$1,853,070
6 $3,227,280 $1,154,424
$129,091
$1,943,765
7 $3,388,560 $1,214,098
$135,542
$2,038,920
8 $3,558,072 $1,276,817
$142,323
$2,138,932
9 $3,735,984 $1,342,644
$149,439
$2,243,901
10 $3,922,800 $1,411,766
$156,912
$2,354,122
11 $4,118,856 $1,484,307
$164,754
$2,469,795
12 $4,324,824 $1,560,515
$172,993
$2,591,316
13 $4,541,040 $1,640,515
$181,642
$2,718,883
14 $4,768,176 $1,724,556
$190,727
$2,852,893
15 $5,006,568 $1,812,761
$200,263
$2,993,544
16 $5,256,888 $1,905,379
$210,276
$3,141,233
17 $5,519,640 $2,002,597
$220,786
$3,296,257
18 $5,795,664 $2,104,726
$231,827
$3,459,111
19 $6,085,464 $2,211,952
$243,419
$3,630,093
20 $6,389,712 $2,324,524
$255,588
$3,809,600
21 $6,709,248 $2,442,752
$268,370
$3,998,126
22 $7,044,744 $2,566,886
$281,790
$4,196,068
23 $7,396,872 $2,697,173
$295,875
$4,403,824
24 $7,766,808 $2,834,049
$310,672
$4,622,087
25 $8,155,056 $2,977,701
$326,202
$4,851,153
26 $8,562,960 $3,128,626
$342,518
$5,091,816
27 $8,991,024 $3,287,009
$359,641
$5,344,374
28 $9,440,592 $3,453,349
$377,624
$5,609,619
29 $9,912,672 $3,628,019
$396,507
$5,888,146
30 $10,408,272 $3,811,391
$416,331
$6,180,550