Colorado Mega Millions

Latest Mega Millions results and how much you keep after Colorado taxes.

Latest Mega Millions Drawing

Tuesday, April 7
5152233372

Drawings every Tue & Fri at 11:00 PM ET · Megaplier optional +$1

Colorado Mega Millions — Take-Home After Taxes

Based on $200M jackpot · Estimated

Cash Lump Sum

Advertised jackpot$200M
Cash value (60%)$120M
Federal tax (37%)$44M
Colorado tax (4.40%)$5M
You keep$70M

Annuity (30 Payments)

Full jackpot$200M
Annual payment$7M
Federal withholding (24%)$2M
Colorado tax$293K
Annual net$5M
30-year total$143M

Colorado Lottery Information

State tax on winnings

4.40%

Draw days

Tue, Fri at 11:00 PM ET

Ticket price

$2 per play (+$1 Megaplier)

Jackpot odds

1 in 302,575,350

Official Colorado Lottery Website

Frequently Asked Questions

How much is the Mega Millions jackpot in Colorado?

Mega Millions jackpots start at $20 million and roll over until won. Check back after each drawing for the latest jackpot amount available in Colorado.

How much do you keep from Mega Millions in Colorado?

In Colorado, you'd keep approximately $70M from the $200M jackpot lump sum after 4.40% Colorado state tax and 37% federal tax. Use our calculator for a precise breakdown.

Where can I buy Mega Millions tickets in Colorado?

Mega Millions tickets are available at licensed lottery retailers throughout Colorado, including convenience stores, gas stations, and grocery stores. Each play costs $2, with an optional $1 Megaplier add-on that multiplies non-jackpot prizes by 2x–5x.

How do I claim a Mega Millions prize in Colorado?

Prizes up to $600 can be claimed at any authorized Colorado lottery retailer. Prizes over $600 must be claimed at the Colorado Lottery offices. Jackpot winners should contact the Colorado Lottery directly and are strongly advised to consult a financial and tax advisor before claiming.

Does Colorado tax Mega Millions winnings?

Yes. Colorado taxes lottery winnings at 4.40% state income tax on top of federal taxes. For large jackpots, the combined rate can exceed 50%. Use our Colorado tax calculator for your specific prize amount.

Mega Millions in Colorado

Colorado participates in the Mega Millions lottery, a multi-state game coordinated by the Multi-State Lottery Association (MUSL). Tickets cost $2 per play, with drawings every Tuesday and Friday at 11:00 PM Eastern Time.

To win the Mega Millions jackpot, players must match all five white balls (1–70) and the gold Mega Ball (1–25). The overall odds of winning any Mega Millions prize are approximately 1 in 24. The jackpot starts at $20 million and grows until someone wins.

Colorado lottery winners pay 4.40% in state income tax on top of federal taxes. For exact calculations tailored to your prize amount and filing status, use the Colorado lottery tax calculator.