Colorado Lottery

COLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Sep 5, 2026 is estimated to be $173 Million, with a cash option of 75 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 Sat Sep 5, 2026

Draw Date	Jackpot	Cash Option
Sat Sep 5, 2026	$173,000,000	$75,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$75,000,000
Federal Tax(24%)	$18,000,000
Additional Federal Tax	$9,710,330
State Tax(4%)	$3,000,000
Net Lumpsum Payment	$44,289,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,603,823	-$923,745 -$104,153	$1,575,925
2	$2,734,092	-$971,944 -$109,364	$1,652,784
3	$2,870,762	-$1,022,512 -$114,830	$1,733,420
4	$3,014,352	-$1,075,641 -$120,574	$1,818,137
5	$3,165,035	-$1,131,393 -$126,601	$1,907,041
6	$3,323,330	-$1,189,962 -$132,933	$2,000,435
7	$3,489,410	-$1,251,412 -$139,576	$2,098,422
8	$3,663,967	-$1,315,998 -$146,559	$2,201,410
9	$3,847,174	-$1,383,785 -$153,887	$2,309,502
10	$4,039,550	-$1,454,964 -$161,582	$2,423,004
11	$4,241,441	-$1,529,664 -$169,658	$2,542,119
12	$4,453,539	-$1,608,140 -$178,142	$2,667,257
13	$4,676,190	-$1,690,521 -$187,048	$2,798,621
14	$4,910,086	-$1,777,062 -$196,403	$2,936,621
15	$5,155,573	-$1,867,892 -$206,223	$3,081,458
16	$5,413,343	-$1,963,267 -$216,534	$3,233,542
17	$5,683,915	-$2,063,379 -$227,357	$3,393,179
18	$5,968,154	-$2,168,547 -$238,726	$3,560,881
19	$6,266,579	-$2,278,965 -$250,663	$3,736,951
20	$6,579,882	-$2,394,887 -$263,195	$3,921,800
21	$6,908,928	-$2,516,634 -$276,357	$4,115,937
22	$7,254,409	-$2,644,462 -$290,176	$4,319,771
23	$7,617,017	-$2,778,627 -$304,681	$4,533,709
24	$7,997,963	-$2,919,577 -$319,919	$4,758,467
25	$8,397,766	-$3,067,504 -$335,911	$4,994,351
26	$8,817,810	-$3,222,920 -$352,712	$5,242,178
27	$9,258,614	-$3,386,018 -$370,345	$5,502,251
28	$9,721,562	-$3,557,308 -$388,862	$5,775,392
29	$10,207,692	-$3,737,176 -$408,308	$6,062,208
30	$10,718,042	-$3,926,006 -$428,722	$6,363,314