The jackpot for the Powerball draw on Sat Oct 11, 2025, is projected to be $244 Million, with an option for a cash payout of $114.2 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 Oct 11, 2025 |
|---|
| Draw Date | Sat Oct 11, 2025 | | Projected Jackpot | $244,000,000 | | Cash Value | $114,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $114,200,000 | | Federal Tax(24%) | $27,408,000 | | Additional Federal Tax | $14,806,330 | | State Tax(4%) | $4,568,000 | | Net Lumpsum Payment | $67,417,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,672,444 |
$1,319,135
$146,898 |
$2,206,411 |
| 2 |
$3,856,176 |
$1,387,116
$154,247 |
$2,314,813 |
| 3 |
$4,048,936 |
$1,458,437
$161,957 |
$2,428,542 |
| 4 |
$4,251,456 |
$1,533,369
$170,058 |
$2,548,029 |
| 5 |
$4,463,980 |
$1,612,003
$178,559 |
$2,673,418 |
| 6 |
$4,687,240 |
$1,694,609
$187,490 |
$2,805,141 |
| 7 |
$4,921,480 |
$1,781,278
$196,859 |
$2,943,343 |
| 8 |
$5,167,676 |
$1,872,371
$206,707 |
$3,088,598 |
| 9 |
$5,426,072 |
$1,967,977
$217,043 |
$3,241,052 |
| 10 |
$5,697,400 |
$2,068,368
$227,896 |
$3,401,136 |
| 11 |
$5,982,148 |
$2,173,725
$239,286 |
$3,569,137 |
| 12 |
$6,281,292 |
$2,284,408
$251,252 |
$3,745,632 |
| 13 |
$6,595,320 |
$2,400,599
$263,813 |
$3,930,908 |
| 14 |
$6,925,208 |
$2,522,657
$277,008 |
$4,125,543 |
| 15 |
$7,271,444 |
$2,650,765
$290,858 |
$4,329,821 |
| 16 |
$7,635,004 |
$2,785,282
$305,400 |
$4,544,322 |
| 17 |
$8,016,620 |
$2,926,480
$320,665 |
$4,769,475 |
| 18 |
$8,417,512 |
$3,074,810
$336,700 |
$5,006,002 |
| 19 |
$8,838,412 |
$3,230,543
$353,536 |
$5,254,333 |
| 20 |
$9,280,296 |
$3,394,040
$371,212 |
$5,515,044 |
| 21 |
$9,744,384 |
$3,565,752
$389,775 |
$5,788,857 |
| 22 |
$10,231,652 |
$3,746,042
$409,266 |
$6,076,344 |
| 23 |
$10,743,076 |
$3,935,269
$429,723 |
$6,378,084 |
| 24 |
$11,280,364 |
$4,134,065
$451,215 |
$6,695,084 |
| 25 |
$11,844,248 |
$4,342,702
$473,770 |
$7,027,776 |
| 26 |
$12,436,680 |
$4,561,902
$497,467 |
$7,377,311 |
| 27 |
$13,058,392 |
$4,791,935
$522,336 |
$7,744,121 |
| 28 |
$13,711,336 |
$5,033,525
$548,453 |
$8,129,358 |
| 29 |
$14,396,976 |
$5,287,212
$575,879 |
$8,533,885 |
| 30 |
$15,116,776 |
$5,553,538
$604,671 |
$8,958,567 |
|
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