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Powerball

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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.

Quincy Hy-Vee Sells Billion-Dollar Powerball Ticket; Manager Says 'It Wasn’t Me'
business10 days ago

Quincy Hy-Vee Sells Billion-Dollar Powerball Ticket; Manager Says 'It Wasn’t Me'

A Hy-Vee Fast & Fresh in Quincy, Illinois sold the winning Powerball ticket worth about $1.04 billion. Store manager Jon Marshall learned the ticket was sold at his location around 3 a.m. but joked that he didn’t win himself. The Hy-Vee will receive a $500,000 bonus for selling the winning ticket, while the actual winner can choose a lump-sum payment (about $450.5 million) or annuity payments; Illinois allows lottery winners to remain anonymous for prizes over $250,000, and the prize was the eighth-largest lottery prize in history and second-largest in Illinois.

Quincy Hy-Vee Sells Record Powerball Ticket; Manager Says, 'It Wasn't Me'
lifestyle10 days ago

Quincy Hy-Vee Sells Record Powerball Ticket; Manager Says, 'It Wasn't Me'

The Hy-Vee Fast & Fresh in Quincy, Illinois sold the winning Powerball ticket worth about $1.04 billion. Store manager Jon Marshall learned the news around 3 a.m. on Aug. 13 but says he did not win the jackpot himself; the store will receive a $500,000 bonus for selling the winning ticket. The winner has a choice between a lump-sum payment and an annuity, and Illinois allows prize winners to remain anonymous for prizes over $250,000, so the winner’s identity may not be revealed.

Quincy buzzes as $1.04B Powerball winner remains hidden
local11 days ago

Quincy buzzes as $1.04B Powerball winner remains hidden

A Hy-Vee gas station in Quincy, Illinois sold Wednesday’s $1.04 billion Powerball ticket, but the winner has not come forward yet. Illinois rules allow confidentiality for large prizes and require claim within a year (with a 60-day window for the lump-sum option). The store earns a $500,000 bonus for selling the winning ticket, while residents and shop staff keep watching for clues as the mystery lingers. The odds of winning were about 1 in 292.2 million; the prize ranks as the second-largest in Illinois history and eighth-largest in Powerball history.

Quincy Hy-Vee sells $1B Powerball jackpot ticket
us12 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
business13 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.