Jackpot Analysis Colorado Powerball

Jackpot Analysis for Colorado Powerball
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 DateWed 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