Colorado Lottery

COLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Nov 14, 2026 is estimated to be $63 Million, with a cash option of 27.1 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 Sat Nov 14, 2026

Draw Date	Jackpot	Cash Option
Sat Nov 14, 2026	$63,000,000	$27,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$27,100,000
Federal Tax(24%)	$6,504,000
Additional Federal Tax	$3,483,330
State Tax(4%)	$1,084,000
Net Lumpsum Payment	$16,028,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$948,213	-$311,169 -$37,929	$599,115
2	$995,652	-$328,722 -$39,826	$627,104
3	$1,045,422	-$347,137 -$41,817	$656,468
4	$1,097,712	-$366,484 -$43,908	$687,320
5	$1,152,585	-$386,787 -$46,103	$719,695
6	$1,210,230	-$408,115 -$48,409	$753,706
7	$1,270,710	-$430,493 -$50,828	$789,389
8	$1,334,277	-$454,013 -$53,371	$826,893
9	$1,400,994	-$478,698 -$56,040	$866,256
10	$1,471,050	-$504,619 -$58,842	$907,589
11	$1,544,571	-$531,822 -$61,783	$950,966
12	$1,621,809	-$560,400 -$64,872	$996,537
13	$1,702,890	-$590,400 -$68,116	$1,044,374
14	$1,788,066	-$621,915 -$71,523	$1,094,628
15	$1,877,463	-$654,992 -$75,099	$1,147,372
16	$1,971,333	-$689,724 -$78,853	$1,202,756
17	$2,069,865	-$726,180 -$82,795	$1,260,890
18	$2,173,374	-$764,479 -$86,935	$1,321,960
19	$2,282,049	-$804,689 -$91,282	$1,386,078
20	$2,396,142	-$846,903 -$95,846	$1,453,393
21	$2,515,968	-$891,239 -$100,639	$1,524,090
22	$2,641,779	-$937,789 -$105,671	$1,598,319
23	$2,773,827	-$986,646 -$110,953	$1,676,228
24	$2,912,553	-$1,037,975 -$116,502	$1,758,076
25	$3,058,146	-$1,091,844 -$122,326	$1,843,976
26	$3,211,110	-$1,148,441 -$128,444	$1,934,225
27	$3,371,634	-$1,207,835 -$134,865	$2,028,934
28	$3,540,222	-$1,270,213 -$141,609	$2,128,400
29	$3,717,252	-$1,335,714 -$148,690	$2,232,848
30	$3,903,102	-$1,404,478 -$156,124	$2,342,500