The jackpot for the Powerball draw on Sat Jan 17, 2026, is projected to be $179 Million, with an option for a cash payout of $80.8 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 Jan 17, 2026 |
|---|
| Draw Date | Sat Jan 17, 2026 | | Projected Jackpot | $179,000,000 | | Cash Value | $80,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $80,800,000 | | Federal Tax(24%) | $19,392,000 | | Additional Federal Tax | $10,464,330 | | State Tax(4%) | $3,232,000 | | Net Lumpsum Payment | $47,711,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,694,129 |
$957,158
$107,765 |
$1,629,206 |
| 2 |
$2,828,916 |
$1,007,029
$113,157 |
$1,708,730 |
| 3 |
$2,970,326 |
$1,059,351
$118,813 |
$1,792,162 |
| 4 |
$3,118,896 |
$1,114,322
$124,756 |
$1,879,818 |
| 5 |
$3,274,805 |
$1,172,008
$130,992 |
$1,971,805 |
| 6 |
$3,438,590 |
$1,232,609
$137,544 |
$2,068,437 |
| 7 |
$3,610,430 |
$1,296,189
$144,417 |
$2,169,824 |
| 8 |
$3,791,041 |
$1,363,016
$151,642 |
$2,276,383 |
| 9 |
$3,980,602 |
$1,433,153
$159,224 |
$2,388,225 |
| 10 |
$4,179,650 |
$1,506,801
$167,186 |
$2,505,663 |
| 11 |
$4,388,543 |
$1,584,091
$175,542 |
$2,628,910 |
| 12 |
$4,607,997 |
$1,665,289
$184,320 |
$2,758,388 |
| 13 |
$4,838,370 |
$1,750,527
$193,535 |
$2,894,308 |
| 14 |
$5,080,378 |
$1,840,070
$203,215 |
$3,037,093 |
| 15 |
$5,334,379 |
$1,934,051
$213,375 |
$3,186,953 |
| 16 |
$5,601,089 |
$2,032,733
$224,044 |
$3,344,312 |
| 17 |
$5,881,045 |
$2,136,317
$235,242 |
$3,509,486 |
| 18 |
$6,175,142 |
$2,245,133
$247,006 |
$3,683,003 |
| 19 |
$6,483,917 |
$2,359,380
$259,357 |
$3,865,180 |
| 20 |
$6,808,086 |
$2,479,322
$272,323 |
$4,056,441 |
| 21 |
$7,148,544 |
$2,605,292
$285,942 |
$4,257,310 |
| 22 |
$7,506,007 |
$2,737,553
$300,240 |
$4,468,214 |
| 23 |
$7,881,191 |
$2,876,371
$315,248 |
$4,689,572 |
| 24 |
$8,275,349 |
$3,022,210
$331,014 |
$4,922,125 |
| 25 |
$8,689,018 |
$3,175,267
$347,561 |
$5,166,190 |
| 26 |
$9,123,630 |
$3,336,073
$364,945 |
$5,422,612 |
| 27 |
$9,579,722 |
$3,504,828
$383,189 |
$5,691,705 |
| 28 |
$10,058,726 |
$3,682,059
$402,349 |
$5,974,318 |
| 29 |
$10,561,716 |
$3,868,165
$422,469 |
$6,271,082 |
| 30 |
$11,089,766 |
$4,063,544
$443,591 |
$6,582,631 |
|
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