The jackpot for the Powerball draw on Sat Sep 20, 2025, is projected to be $99 Million, with an option for a cash payout of $46.3 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Colorado residents, the state will deduct 4% from your lottery earnings.
| Colorado Powerball Jackpot/Cash Option for Sat Sep 20, 2025 |
|---|
| Draw Date | Sat Sep 20, 2025 | | Projected Jackpot | $99,000,000 | | Cash Value | $46,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $46,300,000 | | Federal Tax(24%) | $11,112,000 | | Additional Federal Tax | $5,979,330 | | State Tax(4%) | $1,852,000 | | Net Lumpsum Payment | $27,356,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,490,049 |
$511,649
$59,602 |
$918,798 |
| 2 |
$1,564,596 |
$539,231
$62,584 |
$962,781 |
| 3 |
$1,642,806 |
$568,169
$65,712 |
$1,008,925 |
| 4 |
$1,724,976 |
$598,572
$68,999 |
$1,057,405 |
| 5 |
$1,811,205 |
$630,476
$72,448 |
$1,108,281 |
| 6 |
$1,901,790 |
$663,993
$76,072 |
$1,161,725 |
| 7 |
$1,996,830 |
$699,157
$79,873 |
$1,217,800 |
| 8 |
$2,096,721 |
$736,117
$83,869 |
$1,276,735 |
| 9 |
$2,201,562 |
$774,908
$88,062 |
$1,338,592 |
| 10 |
$2,311,650 |
$815,641
$92,466 |
$1,403,543 |
| 11 |
$2,427,183 |
$858,388
$97,087 |
$1,471,708 |
| 12 |
$2,548,557 |
$903,296
$101,942 |
$1,543,319 |
| 13 |
$2,675,970 |
$950,439
$107,039 |
$1,618,492 |
| 14 |
$2,809,818 |
$999,963
$112,393 |
$1,697,462 |
| 15 |
$2,950,299 |
$1,051,941
$118,012 |
$1,780,346 |
| 16 |
$3,097,809 |
$1,106,520
$123,912 |
$1,867,377 |
| 17 |
$3,252,645 |
$1,163,809
$130,106 |
$1,958,730 |
| 18 |
$3,415,302 |
$1,223,992
$136,612 |
$2,054,698 |
| 19 |
$3,586,077 |
$1,287,179
$143,443 |
$2,155,455 |
| 20 |
$3,765,366 |
$1,353,516
$150,615 |
$2,261,235 |
| 21 |
$3,953,664 |
$1,423,186
$158,147 |
$2,372,331 |
| 22 |
$4,151,367 |
$1,496,336
$166,055 |
$2,488,976 |
| 23 |
$4,358,871 |
$1,573,113
$174,355 |
$2,611,403 |
| 24 |
$4,576,869 |
$1,653,772
$183,075 |
$2,740,022 |
| 25 |
$4,805,658 |
$1,738,424
$192,226 |
$2,875,008 |
| 26 |
$5,046,030 |
$1,827,361
$201,841 |
$3,016,828 |
| 27 |
$5,298,282 |
$1,920,695
$211,931 |
$3,165,656 |
| 28 |
$5,563,206 |
$2,018,717
$222,528 |
$3,321,961 |
| 29 |
$5,841,396 |
$2,121,647
$233,656 |
$3,486,093 |
| 30 |
$6,133,446 |
$2,229,705
$245,338 |
$3,658,403 |
|
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