There was no Powerball lottery grand prize winner on Wednesday night time, so the jackpot has reached an estimated $925 million forward of Saturday’s, September 30, drawing.
The lump sum money fee choice for Saturday’s drawing, which is scheduled to happen at 10:59 pm ET, is estimated to be about $432.4 million after taxes, which means there is a hefty Powerball jackpot tax bill for the winner.
The numbers drawn on Wednesday have been 1, 7, 46, 47, and 63. The pink Powerball was 7. 4 tickets — one in California, one in Kansas, one in Maryland, and one in New York — matched all 5 white balls for the Match 5 prize of $1 million.
Join Kiplinger’s Free E-Newsletters
Revenue and prosper with the perfect of knowledgeable recommendation on investing, taxes, retirement, private finance and extra – straight to your e-mail.
Revenue and prosper with the perfect of knowledgeable recommendation – straight to your e-mail.
This was the thirtieth consecutive drawing with no grand prize winner. July 19 was the final time a grand prize winner was drawn for the $1.08 billion jackpot.
Based on Powerball, the present odds of profitable the Jackpot stands at one in 292.2 million.
How Powerball works
The drawings are held on Mondays, Wednesdays and Saturdays. To win the jackpot, gamers should match all six numbers. The 5 white balls are numbered between one and 69 and the one pink Powerball is numbered between one and 26.
Powerball tickets are offered for $2 every, and the sport is obtainable in 45 states, Washington D.C., Puerto Rico and the U.S. Virgin Islands. For an extra $1 per play, the Energy Play characteristic can multiply non-jackpot prizes by 2, 3, 4, 5 or 10 occasions.
A portion of every ticket offered in the course of the jackpot run is slated for public packages and providers in communities, Powerball mentioned. Powerball holds the present world file for the most important nationwide lottery jackpot at $2.04 billion, it added.
Jackpot winners can select one of two options when receiving their prize. They’ll take the payout in a lump sum, the most typical alternative, or they will go for an annuity. The annuity is paid in 30 graduated funds over 29 years.
Mega Thousands and thousands jackpot rises to $267 million
Regardless of the eye that the Powerball jackpot is receiving now, the Mega Millions jackpot is at present sitting at about $267 million, with the following drawing on September 29.