The winning numbers for Saturday’s Powerball jackpot, worth $750 million, were drawn and revealed to be 6, 23, 25, 34, 51 with a Powerball of 3. This was the 35th drawing since New Year’s Day, the last time a grand prize winner was announced. At the time of the lottery announcement, it was still unclear whether there were any winners of this latest jackpot.
In the event of a single winner, they would have the option to take a lump sum prior to taxes of approximately $360.8 million or opt for the $750 million annuity option. This annuity option would consist of 30 annual payments, increasing each year by 5%. These payments would average around $25 million per year, again before taxes, according to USAMega, a lottery analysis site.
Winning the Powerball jackpot is no small feat with odds being 1 in 292.2 million. Despite this, the US has once again been swept up in lottery fever. This is in part due to the Mega Millions jackpot reaching an estimated $1.1 billion; the fifth-largest in the game’s history. The Mega Millions jackpot has remained unclaimed since December 8.
Big jackpots for both the Powerball and Mega Millions have become a more common occurrence in recent years. This increased frequency is due to both games increasing their ticket prices and reducing the odds. In August of the previous year, a single ticket from Neptune, Florida, claimed a $1.6 billion jackpot – the largest in Mega Millions history and the third-largest in lottery history overall.
In February 2023, a winning ticket sold near Los Angeles claimed a $2.04 billion Powerball jackpot. This jackpot exceeded all records, becoming the largest in lottery history. Powerball tickets can be purchased for $2 in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. The Powerball drawings are held thrice a week; every Monday, Wednesday, and Saturday at 11 p.m. Eastern.
Join Our Newsletter
Get the latest crime news and updates directly to your inbox. [newsletter]
10 Comments
Do you think winning the lottery brings more happiness or stress? Lets discuss!
Who else is feeling lucky for the next Powerball draw? Lets discuss our numbers! 🍀
I cant believe people still play the lottery. Such a waste of money!
Cant believe people waste money on lotteries instead of saving or investing.
How crazy would it be to win that $750 million Powerball jackpot?
It would be insane! Imagine the endless possibilities with that amount of cash. But lets be real, the odds are slim to none. Dont get your hopes up too high, buddy.
I cant believe people still play the lottery – its basically throwing money away!
Do you think winning the lottery would bring more happiness or stress? 🤔
Winning the lottery may bring temporary happiness, but studies show that it often leads to more stress, relationship problems, and financial mismanagement. So, think twice before believing that a jackpot will solve all your problems. Happiness is not found in money alone.
Why do we even play the lottery when the odds are so slim?