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Nationally, the rate was 3.1%.2 Economics of tobacco use and tobacco control Tobacco taxes in Colorado Colorado received $412.3 million (estimated) in revenue from tobacco settlement payments and taxes in fiscal year 2022.4 Of this, the state allocated $24.7 million in state funds to tobacco prevention in fiscal year 2022, 46.7% of the Centers for Disease Control and Preventions annual spending target.4 Smoking-related health care costs: $2.19 billion per year.4 Smoking-related losses in productivity: $4.4 billion per year.5 Colorado tobacco laws Colorado tobacco laws Tobacco taxes Colorado is ranked 24th in the U.S