The jackpot for the Powerball draw on Wed Jul 30, 2025, is projected to be $384 Million, with an option for a cash payout of $173.1 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 Wed Jul 30, 2025 |
|---|
| Draw Date | Wed Jul 30, 2025 | | Projected Jackpot | $384,000,000 | | Cash Value | $173,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $173,100,000 | | Federal Tax(24%) | $41,544,000 | | Additional Federal Tax | $22,463,330 | | State Tax(4%) | $6,924,000 | | Net Lumpsum Payment | $102,168,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,779,584 |
$2,098,776
$231,183 |
$3,449,625 |
| 2 |
$6,068,736 |
$2,205,763
$242,749 |
$3,620,224 |
| 3 |
$6,372,096 |
$2,318,006
$254,884 |
$3,799,206 |
| 4 |
$6,690,816 |
$2,435,932
$267,633 |
$3,987,251 |
| 5 |
$7,025,280 |
$2,559,684
$281,011 |
$4,184,585 |
| 6 |
$7,376,640 |
$2,689,687
$295,066 |
$4,391,887 |
| 7 |
$7,745,280 |
$2,826,084
$309,811 |
$4,609,385 |
| 8 |
$8,132,736 |
$2,969,443
$325,309 |
$4,837,984 |
| 9 |
$8,539,392 |
$3,119,905
$341,576 |
$5,077,911 |
| 10 |
$8,966,400 |
$3,277,898
$358,656 |
$5,329,846 |
| 11 |
$9,414,528 |
$3,443,706
$376,581 |
$5,594,241 |
| 12 |
$9,885,312 |
$3,617,896
$395,412 |
$5,872,004 |
| 13 |
$10,379,520 |
$3,800,753
$415,181 |
$6,163,586 |
| 14 |
$10,898,688 |
$3,992,845
$435,948 |
$6,469,895 |
| 15 |
$11,443,584 |
$4,194,456
$457,743 |
$6,791,385 |
| 16 |
$12,015,744 |
$4,406,156
$480,630 |
$7,128,958 |
| 17 |
$12,616,320 |
$4,628,369
$504,653 |
$7,483,298 |
| 18 |
$13,247,232 |
$4,861,806
$529,889 |
$7,855,537 |
| 19 |
$13,909,632 |
$5,106,894
$556,385 |
$8,246,353 |
| 20 |
$14,605,056 |
$5,364,201
$584,202 |
$8,656,653 |
| 21 |
$15,335,424 |
$5,634,437
$613,417 |
$9,087,570 |
| 22 |
$16,102,272 |
$5,918,171
$644,091 |
$9,540,010 |
| 23 |
$16,907,136 |
$6,215,971
$676,285 |
$10,014,880 |
| 24 |
$17,752,704 |
$6,528,831
$710,108 |
$10,513,765 |
| 25 |
$18,640,128 |
$6,857,178
$745,605 |
$11,037,345 |
| 26 |
$19,572,480 |
$7,202,148
$782,899 |
$11,587,433 |
| 27 |
$20,550,912 |
$7,564,168
$822,036 |
$12,164,708 |
| 28 |
$21,578,496 |
$7,944,374
$863,140 |
$12,770,982 |
| 29 |
$22,657,536 |
$8,343,619
$906,301 |
$13,407,616 |
| 30 |
$23,790,336 |
$8,762,755
$951,613 |
$14,075,968 |
|
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