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It is now worth an estimated $521 million with a money value of $249.6 million. The current Mega Millions jackpot is worth an estimated $493 million, with a cash solution of $231.1 million. The lottery jackpot was an estimated $412 million with a money solution of $195.five million for Wednesday night's drawing, according to the Powerball internet site. The Powerball jackpot for Wednesday’s lottery drawing has climbed to an estimated $412 million, with a money alternative of $195.5 million.

When you get a Kentucky Powerball ticket, 69 % of the income you commit goes to the prize pool. You can 'Play It Again' and hand in a preceding ticket from the final 30 days. All of your selections from the old ticket will be reprinted, so it saves you obtaining to fill out a different playslip.

(AP) — The Powerball jackpot climbed to an estimated $1.4 billion just after no players matched all six numbers and hit it wealthy Wednesday evening. The Mega Millions lottery has also been steadily developing, with that estimated jackpot standing at $640 million as of Monday night. Mega Millions drawings are held on Tuesdays and Fridays. The Powerball's estimated jackpot for Monday's New Year's Day drawing is now the fifth biggest ever following no 1 matched the winning numbers Saturday.

Whittaker owned a profitable building company prior to his win and had a net worth of about $17 million. He mentioned he only played the lottery when the jackpot reached $100 million, and soon after spending $100 on tickets at a supermarket in Hurricane, WV, he hit the big income. Powerball became the first multi-jurisdictional draw game to attain a $1 billion jackpot, when three tickets split a $1.586 billion jackpot in the Jan. 13, 2016 drawing. The game currently holds the world record for largest national lottery jackpot at $2.04 billion, which was won by a single ticket in California in the Nov. 7, 2022 drawing. The dispute arose simply because the winner signed her name on the back of the lottery ticket, as a lot of state lotteries, like New Hampshire, advise players to do.

California Lottery director Alva Johnson announced Castro's win on Valentine's Day, Feb. 14, 2023, in Sacramento, Calif. The jackpot had been swelling due to the fact April 19, when a ticket purchased in Ohio won a $252.6 million jackpot. Before Wednesday night's drawing, no one particular had matched the 5 white balls and red Powerball in the past 38 probabilities to win. Wednesday's Powerball drawing had additional than 4.8 million winning tickets general and lower-tier money prizes worth $85.1 million. Powerball jackpot winners can either take their winnings as a lump sum or an annuitized option of a one particular-time payment, followed by 29 annual payments that develop by five% every single year. The annuitized choice is represented by the estimated jackpot size of $1.4 billion, although the lump sum is the money value — $643.7 million for the present series.

The odds of winning the Powerball jackpot are 1 in 292,201,338, Powerball Results and the odds of winning the Mega Millions are 1 in 302,575,350. Winners of the $400 million Mega Millions jackpot will take property the most dollars Powerball Results in the eight states that don't charge a state tax. For the annuity option, that would be a maximum of $253,111,350.

The Powerball jackpot rolled Monday evening after no ticket matched all six numbers drawn – white balls 10, 12, 22, 36, 50 and red Powerball 4. Ticket sales reduce-off occasions vary by jurisdiction by usually take place 1-two hours prior to the scheduled drawing. Players really should check with their neighborhood lottery for its particular sales-cut off time.

The following Mega Millions and Powerball jackpots created the Major ten greatest lottery jackpots in U.S. history, as of Jan. 24, 2024. The following Mega Millions and Powerball jackpots produced the Major 10 most significant lottery jackpots in U.S. history, as of July 15, 2023. As of July 15, 2023, there have been six lottery jackpots that have surpassed $1 billion.

Federal taxes are applied to every Mega Millions prize above $five,000 at a price of % based on the individual winner's predicament. One more Mega Millions winning ticket was sold in Florida final month. A ticket matched all six numbers in the Aug. 15 drawing - 18, 39, 42, 57 and 63, plus the gold Mega Ball 7 - and won a $39 million ($18.9 million cash Powerball Results) prize, Mega Millions officials said. Mega Millions winners have the choice to claim their earnings via cash or an annual payout. Lottery officials did not say if the Florida winner chose a lump sum or annual payout.

Cash POP prizes should be claimed inside 180 days following the winning drawing date. Federal earnings taxes will be withheld from Money POP prizes as essential by the Internal Revenue Code at the time payments are created. Prizes significantly less than $600 can be redeemed at any Florida Lottery retailer.

Prizes of a greater worth can be claimed at a District Office or the Tennessee Lottery’s Nashville headquarters, but prizes worth $200,000 or more can only be claimed from the lottery’s headquarters. There is no significant way of enhancing your 1 in 292.two million odds of winning the jackpot – unless you have millions of dollars to gamble. Still, these charts below have, at instances, highlighted a winning number or two that helped players reduce their odds a bit. No ticket had all six Powerball winning numbers Saturday, March 9, so the estimated jackpot grows to at least $532 million (with a cash choice of $260.1 million).