Colorado Lottery

COLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Nov 3, 2025 is estimated to be $419 Million, with a cash option of 198 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 Nov 3, 2025

Draw Date	Jackpot	Cash Option
Mon Nov 3, 2025	$419,000,000	$198,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$198,000,000
Federal Tax(24%)	$47,520,000
Additional Federal Tax	$25,700,330
State Tax(4%)	$7,920,000
Net Lumpsum Payment	$116,859,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,306,369	-$2,293,687 -$252,255	$3,760,427
2	$6,621,876	-$2,410,425 -$264,875	$3,946,576
3	$6,952,886	-$2,532,898 -$278,115	$4,141,873
4	$7,300,656	-$2,661,573 -$292,026	$4,347,057
5	$7,665,605	-$2,796,604 -$306,624	$4,562,377
6	$8,048,990	-$2,938,457 -$321,960	$4,788,573
7	$8,451,230	-$3,087,285 -$338,049	$5,025,896
8	$8,874,001	-$3,243,711 -$354,960	$5,275,330
9	$9,317,722	-$3,407,888 -$372,709	$5,537,125
10	$9,783,650	-$3,580,281 -$391,346	$5,812,023
11	$10,272,623	-$3,761,201 -$410,905	$6,100,517
12	$10,786,317	-$3,951,268 -$431,453	$6,403,596
13	$11,325,570	-$4,150,791 -$453,023	$6,721,756
14	$11,892,058	-$4,360,392 -$475,682	$7,055,984
15	$12,486,619	-$4,580,379 -$499,465	$7,406,775
16	$13,110,929	-$4,811,374 -$524,437	$7,775,118
17	$13,766,245	-$5,053,841 -$550,650	$8,161,754
18	$14,454,662	-$5,308,555 -$578,186	$8,567,921
19	$15,177,437	-$5,575,982 -$607,097	$8,994,358
20	$15,936,246	-$5,856,741 -$637,450	$9,442,055
21	$16,733,184	-$6,151,608 -$669,327	$9,912,249
22	$17,569,927	-$6,461,203 -$702,797	$10,405,927
23	$18,448,151	-$6,786,146 -$737,926	$10,924,079
24	$19,370,789	-$7,127,522 -$774,832	$11,468,435
25	$20,339,098	-$7,485,797 -$813,564	$12,039,737
26	$21,356,430	-$7,862,209 -$854,257	$12,639,964
27	$22,424,042	-$8,257,226 -$896,962	$13,269,854
28	$23,545,286	-$8,672,086 -$941,811	$13,931,389
29	$24,722,676	-$9,107,721 -$988,907	$14,626,048
30	$25,958,726	-$9,565,059 -$1,038,349	$15,355,318