Tag

Lottery

All articles tagged with #lottery

Powerball restarts at $35 million after Saturday draw yields no winner
money9 days ago

Powerball restarts at $35 million after Saturday draw yields no winner

No one matched all six numbers in Saturday's Powerball drawing, so the jackpot resets at $35 million for the next drawing on Monday, Aug. 17 (with a $15.2 million cash option); last week's $1.04 billion Illinois win pushed Powerball to its eighth-largest prize, and the game has since expanded to the United Kingdom with different ticket prices and prize structure.

Illinois claims Powerball’s $1.04B prize; Aug. 15 numbers set stage for next draw
gambling9 days ago

Illinois claims Powerball’s $1.04B prize; Aug. 15 numbers set stage for next draw

A Quincy, Illinois Powerball ticket won the $1.04 billion jackpot from the Aug. 12 drawing, with the prize resetting to $20 million for the Aug. 15 draw. The Aug. 15 numbers were 5-8-27-29-63 with Powerball 13 and Power Play 2x. Florida had a $1 million second-tier winner in the Aug. 8 drawing, and a Lakeland ticket is noted among the second-tier winners. The next drawing is Aug. 19, with odds of 1 in 292.2 million.

Quincy Hy-Vee sells $1B Powerball jackpot ticket
us11 days ago

Quincy Hy-Vee sells $1B Powerball jackpot ticket

A Powerball ticket purchased at a Hy-Vee in Quincy, Illinois, won the $1 billion Powerball jackpot with numbers 4-26-66-67-69 and Powerball 9; the winner can choose a $1 billion annuity or a $450.5 million lump sum, with the winner not yet identified. Odds are 1 in 292 million, making this the eighth-largest Powerball prize, and the next drawing offers $20 million.

Illinois Powerball winner bags record $1.04B jackpot
business12 days ago

Illinois Powerball winner bags record $1.04B jackpot

A single Powerball ticket sold at a Hy-Vee gas station in Quincy, Illinois won the Aug. 12 drawing’s $1.040 billion jackpot, one of Powerball’s largest prizes. The winner can take the estimated $1.040 billion annuity or a $450.5 million lump-sum cash option before taxes. The numbers drawn were 4-26-66-67-69 with Powerball 9 and a 2x Power Play. The next drawing is Aug. 15. Other winners included a $2 million ticket in Massachusetts and several $1 million prizes sold in AZ, CA, FL, and NC. The prize follows months of rollovers as the jackpot grew.

Illinois Powerball winner could stay anonymous as taxes trim $1.04B prize to about $262M
business12 days ago

Illinois Powerball winner could stay anonymous as taxes trim $1.04B prize to about $262M

An Illinois Powerball winner of $1.04B can remain anonymous by filing a claim; they must choose between a lump-sum cash option of about $450.5M or a 30-year annuity. If they take the lump sum, 24% federal withholding reduces it to about $342.4M, with a further 13% federal tax dropping it to about $283.8M; Illinois will withhold roughly $22.3M for a 4.95% state tax, leaving about $261.5M. Anonymity is allowed for prizes over $250K if requested; otherwise the winner’s name and city may be disclosed. The claim deadline for the lump sum is Oct 11, and the ticket was bought at a Hy-Vee in Quincy, IL.

Illinois wins $1.04B Powerball jackpot, largest prize of the year
business12 days ago

Illinois wins $1.04B Powerball jackpot, largest prize of the year

A single Powerball ticket sold in Illinois matched all six numbers (4, 26, 66, 67, 69 and Powerball 9) to win a $1.040 billion jackpot—the eighth-largest in Powerball history and the biggest prize this year—with a cash option of $450.5 million; winners can choose the annuity paid over 30 years or a lump sum before taxes. The jackpot resets to $20 million for the next drawing on Aug. 15, and other prizes were won in several states.

Illinois ticket bags Powerball’s $1.04B prize with five winning numbers
gaming-and-lottery12 days ago

Illinois ticket bags Powerball’s $1.04B prize with five winning numbers

Powerball’s eighth-largest prize in history was won by a single ticket sold in Illinois, delivering a $1.04 billion jackpot with numbers 4-26-66-67-69 and Powerball 9 (Power Play x2). The winner can take about $450.5 million as a lump sum before taxes or opt for 29 annual payments; taxes will reduce the amount based on state and federal rules. Three other tickets matched all five white balls for $1 million (AZ, FL, NC); California also won the $1 million Match 5 prize and Massachusetts won $2 million with Power Play. The overall odds of hitting the grand prize are 1 in 292.2 million. Anonymity rules vary by state, with Virginia now allowing winner anonymity and Illinois permitting it for prizes of $250,000 or more; many states still disclose some information.

Powerball climbs to $1B as odds and cash value are laid out
business12 days ago

Powerball climbs to $1B as odds and cash value are laid out

Powerball’s Wednesday drawing has reached a $1 billion jackpot, with a cash value of about $433.1 million. Tickets cost $2, and the odds of winning the grand prize are 1 in 292.2 million. The last jackpot was won on May 2, and the prize has rolled over 43 times. Separately, a $1.53 million San Diego County Powerball prize from Feb. 21 remains unclaimed and expires Aug. 20; if unclaimed, the funds go to California public schools. Players are urged to check tickets and file claims at calottery.com or at a district office before the deadline.

Powerball climbs to $1 billion ahead of tonight's drawing
business13 days ago

Powerball climbs to $1 billion ahead of tonight's drawing

Powerball has surged to an estimated $1 billion for tonight’s drawing—the first billion-dollar Powerball jackpot since last year’s $1.8 billion win—marking the 44th straight draw in the current jackpot run and the eighth-largest in Powerball history. If won, the prize can be taken as an annuity of about $1 billion paid over 29 years (30 graduated payments) or a lump sum of roughly $433.1 million before taxes. Some states don’t tax lottery winnings, and many winners choose the lump sum. Monday’s drawing produced no grand prize winner, but a Tennessee ticket won $2 million with Power Play, and California and Maryland hit $1 million Match 5 prizes. The odds of winning the jackpot are about 1 in 292.2 million. Drawings occur Monday, Wednesday, and Saturday at 10:59 p.m. ET.

Powerball nears $1B as $975 million jackpot grows
business14 days ago

Powerball nears $1B as $975 million jackpot grows

Powerball's Aug. 10 drawing produced no jackpot winner, pushing the top prize to $975 million (cash option about $422.3 million). The last jackpot win was May 2 in Texas and Florida. The game is expanding to include UK players for the first time, with tickets available there for the top prize. The next drawing is Aug. 12, and several smaller prizes were awarded in other categories.

Powerball nears $1B after Aug. 10 drawing with UK expansion
lottery14 days ago

Powerball nears $1B after Aug. 10 drawing with UK expansion

Powerball’s Aug. 10 drawing produced numbers 6, 37, 54, 55, 64 and Powerball 10 with a 3x Power Play, pushing the jackpot to an estimated $905 million (cash option about $391.9 million); the game is expanding to the United Kingdom for the first time, offering UK ticket sales for the same top prize with different prize rules; the next drawing is Aug. 12; the last jackpot was May 2, when Texas and Florida split a $20 million prize; Powerball tickets cost $2 per play, with Quick Pick available and Power Play multiplying non-jackpot prizes.