Colorado Lottery

COLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Jul 30, 2025 is estimated to be $384 Million, with a cash option of 173.1 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 Wed Jul 30, 2025

Draw Date Jackpot Cash Option
Wed Jul 30, 2025$384,000,000$173,100,000

Lumpsum Option Taxes and Payment

Category Amount
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

Year Gross Payment Fed/State Tax 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
3
8
4
Cash Option: $173.1 Million
Next Draw: Wed Jul 30
Powerball
Mon Jul 28, 2025
073536436203

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