Powerball

Powerball’s Jackpot Reaches $1 Billion — the Third-Highest Ever Jackpot

(CTN News) – The Powerball jackpot has reached an impressive $1 billion, making it the third-highest recorded. However, the amount that winners will receive can vary by hundreds of millions of dollars based on their chosen payout option and the tax policies in their state.

The upcoming Powerball draw is scheduled for Wednesday at 10:59 p.m. ET, offering two payout choices: the full jackpot amount distributed over 30 years as annual payments or slightly over half that sum as an immediate lump sum payment.

Powerball Winning Numbers For July 17, 2023

Here are The Powerball Winning Numbers For July 17:

5 – 8 – 9 – 17 – 41 and Powerball 21

Powerplay was 4x

The Powerball jackpot for Monday Drawing, July 17, Jackpot has a $900 Million Jackpot, with a cash option of $465.1 Million, according to the Powerball website.

Every winner is subject to a mandatory 24% federal withholding tax on their winnings, classified as income. Additionally, they will likely owe an extra 13% in federal taxes when filing their tax returns, as the substantial winnings will place them in the top tax bracket of 37%.

Furthermore, state income taxes come into play, ranging from 2.9% to 10.9%, depending on the winner’s residence.

Nevertheless, it’s worth noting that some states, including California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming, do not levy income tax on lottery winnings. Conversely, five states do not participate in the Powerball lottery: Alabama, Alaska, Hawaii, Nevada, and Utah.

Considering a top federal tax rate of 37%, let’s explore the after-tax amount winners would take home in each state and Washington, D.C., if they were to secure the $1 billion jackpot for both the lump sum and annuity options, as per data from usamega.com.

Powerball

Powerball Numbers For June 29, 2024: Jackpot $113 Million

(CTN News) – You can win the Powerball lottery on June 29. Let’s see if you’re lucky to see the Powerball numbers today. There was a $222.6 million jackpot won on June 10 by a New Jersey lottery player.

The Powerball numbers for the $113 million jackpot were scheduled to be drawn on Saturday evening at around 11 p.m. Eastern Standard Time, and we will update the results as soon as they are released.

According to the Mega Millions website, the jackpot for the Mega Millions game is currently at $97 million with a cash option of $46.4 million.

According to the lottery, if there had been a winner following Saturday’s drawing, they would’ve taken home just shy of $60 million after taxes if they had chosen the lump-sum payment option.

Powerball Numbers For June 29, 2024

Are You Having a Lucky Today?

Here are The Powerball Numbers For Today:

26 – 51 – 54 – 61 – 69 and Powerball 25

Powerplay was 3x

Jackpocket, USA TODAY’s official digital lottery courier, sponsors winning lottery numbers.

Did anyone win Powerball?

There was a $222.6 million jackpot won on June 10 by a New Jersey lottery player.

How to play Powerball

You can buy a $2 Powerball ticket at your local convenience store, gas station, grocery store, or online in some states.

It is important to note that to play, you must select six numbers listed on your ticket. Five of these numbers will be white balls ranging from 1 to 69, while the Powerball is a red ball ranging from 1 to 26.

You can enhance your chances of winning by adding a “Power Play” for $1, which increases the winnings for all non-jackpot prizes by a factor of 2X, 3X, 4X, 5X, or 10X.

The player can also ask a cashier for a “Quick Pick”, where a cashier can give them a computer-generated set of numbers on a printed Powerball ticket.

A drawing is held every Monday, Wednesday, and Saturday night. Without a jackpot winner, the cash prize will increase by millions.

Where to purchase lottery tickets

The lottery tickets can be purchased in person at gas stations, convenience stores, grocery stores, and some airport terminals that sell lottery tickets.

Many U.S. states and territories offer online lottery tickets through Jackpocket, the official digital lottery courier of USA TODAY Network: Arizona, Arkansas, Colorado, Idaho, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Puerto Rico, Texas, Washington D.C., and West Virginia. Jackpocket lets you pick your lottery game and numbers, place your order, see your ticket, and collect your winnings from your phone or computer.

How many Powerball numbers do you need to win a prize?

To win a Powerball prize, you need to match one number. But it has to be the Powerball worth $4. Check out powerball.com for the full prize list.

What is the Powerball payout on matching 2 lottery numbers?

You can win $4 if you match two numbers in Powerball. You can win $4 if you match two numbers and the Powerball. Visit powerball.com for the full prize chart.

Powerball 2024 drawing jackpot winners

Here is the list of 2024 Powerball jackpot wins, according to powerball.com:

$222.6 million — June 10
$842.4 million — Jan. 1; Michigan.
$1.362 million — April 6; Oregon.

Source: Powerball

Powerball

Powerball Numbers For June 26, 2024: Jackpot $95 Million

(CTN News) – You can win the Powerball lottery on June 26. Let’s see if you’re lucky to see the Powerball numbers today.

There was a $222.6 million jackpot won on June 10 by a New Jersey lottery player.

The Powerball numbers for the $95 million jackpot were scheduled to be drawn on Wednesday evening at around 11 p.m. Eastern Standard Time, and we will update the results as soon as they are released.

According to the Mega Millions website, the jackpot for the Mega Millions game is currently at $97 million with a cash option of $46.4 million.

According to the lottery, if there had been a winner following Saturday’s drawing, they would’ve taken home just shy of $60 million after taxes if they had chosen the lump-sum payment option.

Powerball Numbers For June 26, 2024

Are You Having a Lucky Today?

Here are The Powerball Numbers For Today:

4 – 9 – 36 – 47 – 56 and Powerball 7

Powerplay was 5x

Jackpocket, USA TODAY’s official digital lottery courier, sponsors winning lottery numbers.

Did anyone win Powerball?

There was a $222.6 million jackpot won on June 10 by a New Jersey lottery player.

How to play Powerball

You can buy a $2 Powerball ticket at your local convenience store, gas station, grocery store, or online in some states.

You can enhance your chances of winning by adding a “Power Play” for $1, which increases the winnings for all non-jackpot prizes by a factor of 2X, 3X, 4X, 5X, or 10X.

The player can also ask a cashier for a “Quick Pick”, where a cashier can give them a computer-generated set of numbers on a printed Powerball ticket.

A drawing is held every Monday, Wednesday, and Saturday night. Without a jackpot winner, the cash prize will increase by millions.

Where to purchase lottery tickets

The lottery tickets can be purchased in person at gas stations, convenience stores, grocery stores, and some airport terminals that sell lottery tickets.

How many Powerball numbers do you need to win a prize?

To win a Powerball prize, you need to match one number. But it has to be the Powerball worth $4. Check out powerball.com for the full prize list.

What is the Powerball payout on matching 2 lottery numbers?

You can win $4 if you match two numbers in Powerball. You can win $4 if you match two numbers and the Powerball. Visit powerball.com for the full prize chart.

Powerball 2024 drawing jackpot winners

Here is the list of 2024 Powerball jackpot wins, according to powerball.com:

$222.6 million — June 10
$842.4 million — Jan. 1; Michigan.
$1.362 million — April 6; Oregon.

More in: Powerball

Powerball

Powerball Numbers For June 24, 2024: Jackpot $84 Million

(CTN News) – You can win the Powerball lottery on June 24. Let’s see if you’re lucky to see the Powerball numbers today.

There was a $222.6 million jackpot won on June 10 by a New Jersey lottery player.

The Powerball numbers for the $84 million jackpot were scheduled to be drawn on Wednesday evening at around 11 p.m. Eastern Standard Time, and we will update the results as soon as they are released.

According to the Mega Millions website, the jackpot for the Mega Millions game is currently at $97 million with a cash option of $46.4 million.

According to the lottery, if there had been a winner following Saturday’s drawing, they would’ve taken home just shy of $60 million after taxes if they had chosen the lump-sum payment option.

Powerball Numbers For June 24, 2024

Are You Having a Lucky Today?

Here are The Powerball Numbers For Today:

5 – 6 – 36 – 53 – 69 and Powerball 8

Powerplay was 2x

Jackpocket, USA TODAY’s official digital lottery courier, sponsors winning lottery numbers.

Did anyone win Powerball?

There was a $222.6 million jackpot won on June 10 by a New Jersey lottery player.

How to play Powerball

You can buy a $2 Powerball ticket at your local convenience store, gas station, grocery store, or online in some states.

You can enhance your chances of winning by adding a “Power Play” for $1, which increases the winnings for all non-jackpot prizes by a factor of 2X, 3X, 4X, 5X, or 10X.

The player can also ask a cashier for a “Quick Pick”, where a cashier can give them a computer-generated set of numbers on a printed Powerball ticket.

A drawing is held every Monday, Wednesday, and Saturday night. Without a jackpot winner, the cash prize will increase by millions.

Where to purchase lottery tickets

The lottery tickets can be purchased in person at gas stations, convenience stores, grocery stores, and some airport terminals that sell lottery tickets.

How many Powerball numbers do you need to win a prize?

To win a Powerball prize, you need to match one number. But it has to be the Powerball worth $4. Check out powerball.com for the full prize list.

What is the Powerball payout on matching 2 lottery numbers?

You can win $4 if you match two numbers in Powerball. You can win $4 if you match two numbers and the Powerball. Visit powerball.com for the full prize chart.