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The Florida Lottery reports all winnings of $600 or extra claimed by U.S. citizens or residents to the IRS. The Florida Lottery also withholds federal taxes on particular winnings. In 1986, voters passed a constitutional amendment to establish a state lottery and raise funds for educational initiatives. The Florida Lottery withholds a percentage of particular lottery winnings for federal taxes. Due to the COVID-19 pandemic, operating hours for Florida Lottery offices and the claiming course of powerball winning numbers action could adjust at any time. The other ticket was sold at the Publix located at West Sunrise Boulevard in Sunrise.

Megabucks drawings are held each Monday, Wednesday, and Saturday at 9 p.m. John and Lisa Robinson from Munford held 1 of the three winning tickets in the historic jackpot. Ahead of the couple even confirmed the winning ticket with the Tennessee Lottery, they created their way to the 'Today' show to announce their win. John and Lisa Robinson took the lump sum in Jan. 11, 2016 − a tiny far more than $327 million prior to taxes, Tennessee Lottery officials mentioned. They received a couple of million dollars quickly and about 10 days later, they have been to obtain the remainder of the prize, according to a 2016 USA Currently story.

Whilst the $625 million jackpot is a lot of dollars, it’s not in the Major 10 most significant lottery jackpots ever. It will be in the Best ten Powerball jackpots of all time. The cash option is the most common selection amongst lottery winners, according to a list of past Powerball winners. But if you chose the money selection and invested the winnings, you could end up earning far more than you would with the annuity option. For instance, the typical stock industry return is roughly 10% per year prior to inflation.

If you win the jackpot, authorities recommend operating with a tax professional, monetary advisor and estate organizing attorney straight away. The winning numbers have been six, eight, 15, 27, 42, and the Powerball was ten. Winning numbers in the Saturday, Dec. 9 Powerball drawing were 5, 25, 26, 40 and 60. The prime two jackpots won in the history of Powerball were the $two.04 billion won in November and the $1.586 billion won in June 2016.

The winning numbers for Saturday night's drawing were ten, 11, 26, 27, 34, and the Powerball is 7. Earnings from ticket sales are directed to the College Help Fund, which rewards powerball winning numbers K-12 public education in the state. If the winner is not a resident or citizen of the U.S., the lottery withholds a higher amount for taxes.

A 24-year-old Wisconsin man, Manuel Franco, won the $768.four million Powerball on March 27, 2019. Franco purchased the winning ticket at a Speedway in New Berlin, Wisconsin. Meanwhile, the Powerball jackpot is at $960 million for Saturday's drawing with a money powerball winning numbers solution of $441.four million, according to the Powerball web site.

The jackpot is now at $875 million for Saturday's drawing, with a money solution of $441.9 million. The last time somebody won the Powerball jackpot was April 19 for a top rated prize of almost $253 million. Because then, no 1 has won the grand prize in the previous 37 consecutive drawings. (AP) — One more Powerball drawing ended with no winner Saturday evening, sending the jackpot soaring to an estimated $900 million. Even though no one across the nation hit Wednesday’s $707 Powerball million jackpot, a $2 million ticket matching 5 numbers but not the Powerball was sold in Texas.

The couple plans to return to Tennessee straight away after the interview to verify the ticket with the lottery. On Friday, Cole told the AP that they are not the kind to squander their income. John Robinson carried the valuable slip of paper to New York City and back before showing up at Tennessee's lottery headquarters. Their lawyer went with them, as did their rescue dog, Abby, who snoozed via most of the excitement. "We're going to take the lump sum, simply because we're not assured tomorrow," Robinson stated. "We just wanted a little huge piece of the pie. Now we're genuine grateful we got the large piece of the pie."

The two winning tickets had been purchased in California and Georgia. The list now contains a new second-largest winning ticket of all time, which was sold in California in October 2023. Iowa Lottery officials confirmed Lerynne West of Dexter, Iowa, was one of the two winners who split the practically $700 million Powerball prize.

No one matched all five numbers except for the Mega Ball worth $1 million. The jackpot will maintain increasing until someone claims the leading prize but keep in mind, it really is not just the jackpot up for grabs – several smaller prizes can also be won. So far this month, players have won eight prizes ranging from $10,000 to $1 million playing Mega Millions and Powerball. No one matched all six numbers, so there was a further rollover.

For an added $1, you can opt into "Powerplay," which multiplies non-jackpot winning prizes by a factor of two, three, 4, 5 or 10. Lottery officials had asked players for patience and to hold onto their tickets "as the required safety procedures are completed by the a single outstanding lottery." Monday's $1.9 billion jackpot jumped to $2.04 billion Tuesday morning and is the world's biggest lottery prize ever presented, according to a press release from Powerball. A single ticket has claimed a record $two.04 billion jackpot in Powerball's biggest drawing ever. The odds of winning the large prize are 1 in 292.2 million.