Powdr, I have put in for the Oklahoma draw 23 years now. No luck yet, so don't bank on that tag.
That said, if you can walk you can hunt. Colorado is a short drive. Buy a over the counter tag and go this very year. 2nd rifle or bow are over the counter, except in the limited draw units.
The elk meat is great; but honestly, the drive out with a couple good friends, hoofing up a ridge while sweat drips off your nose, and drinking Gatorade while you watch the sunrise is reward enough. It will make you feel alive.