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Powerball Jackpot Hits $740M Amid No Recent Winners

1 min read
Source: Forbes
Powerball Jackpot Hits $740M Amid No Recent Winners
Photo: Forbes
TL;DR

The Powerball jackpot has increased to $740 million after no winner was found in Saturday's draw. A winner could choose between receiving the full amount over 30 years or a lump sum of $346.1 million, but taxes significantly reduce the take-home amount, with federal taxes potentially lowering the lump sum to around $218 million and state taxes varying by location.

Topics:top-newslottery#jackpot#lottery#lottery-winnings#lump-sum#powerball#taxes
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  1. Powerball Jackpot Reaches $740 Million—Here’s How Much A Winner Would Take Home After Taxes  Forbes
  2. Powerball jackpot climbs to $740M after no weekend grand prize winner  Fox Business
  3. Powerball winning numbers for Saturday, Nov. 29. Check your tickets  Bergen Record
  4. Powerball jackpot swells to a colossal $740M after no winners crowned Saturday: numbers and odds  New York Post
  5. Powerball jackpot rises to $740M for Monday, Dec. 1 drawing  ABC7 New York

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