Colorado Lottery

COLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon May 25, 2026 is estimated to be $141 Million, with a cash option of 62 Million. If you win the Powerball jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Colorado, your state will take 4% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Colorado Powerball Jackpot/Cash Option for Mon May 25, 2026

Draw Date	Jackpot	Cash Option
Mon May 25, 2026	$141,000,000	$62,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$62,000,000
Federal Tax(24%)	$14,880,000
Additional Federal Tax	$8,020,330
State Tax(4%)	$2,480,000
Net Lumpsum Payment	$36,619,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,122,191	-$745,541 -$84,888	$1,291,762
2	$2,228,364	-$784,825 -$89,135	$1,354,404
3	$2,339,754	-$826,039 -$93,590	$1,420,125
4	$2,456,784	-$869,340 -$98,271	$1,489,173
5	$2,579,595	-$914,781 -$103,184	$1,561,630
6	$2,708,610	-$962,516 -$108,344	$1,637,750
7	$2,843,970	-$1,012,599 -$113,759	$1,717,612
8	$2,986,239	-$1,065,239 -$119,450	$1,801,550
9	$3,135,558	-$1,120,487 -$125,422	$1,889,649
10	$3,292,350	-$1,178,500 -$131,694	$1,982,156
11	$3,456,897	-$1,239,382 -$138,276	$2,079,239
12	$3,629,763	-$1,303,343 -$145,191	$2,181,229
13	$3,811,230	-$1,370,485 -$152,449	$2,288,296
14	$4,001,862	-$1,441,019 -$160,074	$2,400,769
15	$4,201,941	-$1,515,049 -$168,078	$2,518,814
16	$4,412,031	-$1,592,782 -$176,481	$2,642,768
17	$4,632,555	-$1,674,376 -$185,302	$2,772,877
18	$4,864,218	-$1,760,091 -$194,569	$2,909,558
19	$5,107,443	-$1,850,084 -$204,298	$3,053,061
20	$5,362,794	-$1,944,564 -$214,512	$3,203,718
21	$5,630,976	-$2,043,792 -$225,239	$3,361,945
22	$5,912,553	-$2,147,975 -$236,502	$3,528,076
23	$6,208,089	-$2,257,323 -$248,324	$3,702,442
24	$6,518,571	-$2,372,202 -$260,743	$3,885,626
25	$6,844,422	-$2,492,767 -$273,777	$4,077,878
26	$7,186,770	-$2,619,435 -$287,471	$4,279,864
27	$7,546,038	-$2,752,364 -$301,842	$4,491,832
28	$7,923,354	-$2,891,971 -$316,934	$4,714,449
29	$8,319,564	-$3,038,569 -$332,783	$4,948,212
30	$8,735,514	-$3,192,471 -$349,421	$5,193,622