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The Powerball Jackpot once again reached the three digit territory with a prize of $ 100 million to be won in the Saturday night draw. The cash amount will pay about $ 61 million to tonight's winner who selects all Powerball numbers.
What time are the winning Powerball numbers drawn? The numbers are selected every Wednesday and Saturday at 22:59. Eastern Time, with Powerball results posted within 5 minutes
Check back later tonight for the winning Powerball numbers on Saturday, July 14th.
The Powerball game is played by matching the five white balls in any order and red powerball number. The odds of choosing the right Powerball numbers are 292,201,338. Powerball tickets cost $ 2 each and are sold to thousands of lottery retailers. Find out where you can buy your Powerball tickets here.
In most states, ticket sales are cut at least an hour before the draw, but a state may cut sales earlier, such as Illinois. drawing. In Maryland and New Jersey, ticket sales end at 9:59 pm; in Virginia, they close at 10 pm Check with your state lottery for the time limit of sales.
The record in the game was a $ 1.6 billion drawing in January 2016, which was shared by three winners in Florida, Tennessee and California; This was followed by the $ 758 million win on August 23, 2017, the second largest Powerball jackpot in the history of the game.
The biggest powerball jackpots are:
- $ 1.586 billion, January 13, 2016 [19659009] $ 758.7 million, August 23, 2017
- $ 590.5 million, May 18, 2013
- $ 587.5 million, November 28, 2012
- $ 564.1 million, February 11 2015
- $ 559.7 million, Jan. 6, 2018
- $ 487.0 million, July 30, 2016
- $ 456 million, March 17, 2018
- $ 448.4 million, August 7, 2013 [19659009] $ 447.8 million, June 10, 2017
- $ 435.3 million, February 22, 2017
The record powerball jackpot of January 2016 was worth nearly $ 1.6 billion. But Americans will still go through the nearest convenience store with dreams of money and buy a ticket. The prize of more than $ 1 billion won in the January 13, 2016 draw was the biggest lottery lottery awarded in the history of the United States and was divided by three winners. In the summer of 2016, a New Hampshire player won a prize of $ 478 million; the June 10 win of $ 447 million was the eighth biggest jackpot in the history of the game.
If you still want to try your luck, someone must win, is not it? this not? – You have a better chance of hitting the jackpot if you let the computer pick your numbers. The Multi-State Lottery Association, which operates the Powerball game, says that about 75% of the winning tickets are selected when the numbers are chosen by a computer.
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The lottery game is played in 44 states plus the District of Columbia, Puerto Rico and the US Virgin Islands. Powerball draws can be seen on 125 TV channels across the country. It may also be available on the cable or your mobile device. The drawings are also posted on Powerball.com in the video section and on YouTube.
Claim, saving earnings
So what should you do if you have the chance to claim Powerball jackpot? Many lottery winners hire a lawyer, a financial planner or both, since most people do not know exactly what to do when they suddenly come in so much money. Some even bring their lawyer with them to claim their prize. The lottery does not provide counseling or financial advice to the winners.
You have two choices when you claim your prize: the total value paid in 30 installments over 29 years, or a single lump sum less than the actual total. Then there are the taxes. The federal tax on lottery winnings is 25 percent. Then any additional income tax as the state or city would apply.
Financial experts say that if you can get more than a 3 or 4% return on an investment, the lump sum is actually the best way to achieve it.
(If you have an iPhone, click here to get the free iPhone app, download the free app for Android.) [19659002] Photo courtesy of Powerball
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