Colorado Lottery

COLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Feb 25, 2026 is estimated to be $218 Million, with a cash option of 101.6 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 Feb 25, 2026

Draw Date	Jackpot	Cash Option
Wed Feb 25, 2026	$218,000,000	$101,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$101,600,000
Federal Tax(24%)	$24,384,000
Additional Federal Tax	$13,168,330
State Tax(4%)	$4,064,000
Net Lumpsum Payment	$59,983,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,281,118	-$1,174,344 -$131,245	$1,975,529
2	$3,445,272	-$1,235,081 -$137,811	$2,072,380
3	$3,617,492	-$1,298,802 -$144,700	$2,173,990
4	$3,798,432	-$1,365,750 -$151,937	$2,280,745
5	$3,988,310	-$1,436,005 -$159,532	$2,392,773
6	$4,187,780	-$1,509,809 -$167,511	$2,510,460
7	$4,397,060	-$1,587,243 -$175,882	$2,633,935
8	$4,617,022	-$1,668,629 -$184,681	$2,763,712
9	$4,847,884	-$1,754,047 -$193,915	$2,899,922
10	$5,090,300	-$1,843,741 -$203,612	$3,042,947
11	$5,344,706	-$1,937,872 -$213,788	$3,193,046
12	$5,611,974	-$2,036,761 -$224,479	$3,350,734
13	$5,892,540	-$2,140,570 -$235,702	$3,516,268
14	$6,187,276	-$2,249,623 -$247,491	$3,690,162
15	$6,496,618	-$2,364,079 -$259,865	$3,872,674
16	$6,821,438	-$2,484,262 -$272,858	$4,064,318
17	$7,162,390	-$2,610,415 -$286,496	$4,265,479
18	$7,520,564	-$2,742,939 -$300,823	$4,476,802
19	$7,896,614	-$2,882,078 -$315,865	$4,698,671
20	$8,291,412	-$3,028,153 -$331,656	$4,931,603
21	$8,706,048	-$3,181,568 -$348,242	$5,176,238
22	$9,141,394	-$3,342,646 -$365,656	$5,433,092
23	$9,598,322	-$3,511,710 -$383,933	$5,702,679
24	$10,078,358	-$3,689,323 -$403,134	$5,985,901
25	$10,582,156	-$3,875,728 -$423,286	$6,283,142
26	$11,111,460	-$4,071,571 -$444,458	$6,595,431
27	$11,666,924	-$4,277,092 -$466,677	$6,923,155
28	$12,250,292	-$4,492,938 -$490,012	$7,267,342
29	$12,862,872	-$4,719,593 -$514,515	$7,628,764
30	$13,505,972	-$4,957,540 -$540,239	$8,008,193