The $760 million jackpot is the sixth biggest in Powerball history, according to the lottery. The one-time, lump sum cash payment for the jackpot is now at $382.five million. Right Powerball Winners here are the numbers for the Monday, Dec. 4, Powerball jackpot worth an estimated $412 million with a cash selection of $194. million.
The other winning tickets had been sold in Baltimore County in Maryland and Kansas, where winners can remain anonymous. When a lottery like Powerball advertises a huge jackpot, like October 2023's $1.765 billion prize, it does not have that sum sitting in a vault, prepared to be handed to the next winner. Rather, lottery jackpots are calculated based on how considerably funds you’d get if the sum of the current prize pool were invested in an annuity for three decades. That indicates you would eventually get the complete sum, but it would take 30 years. Whilst there was no jackpot haul Friday evening, there have been 3 tickets with big wins.
As of Nov. eight, 2023, there have been nine lottery jackpots that have reached or surpassed $1 billion. Mega Millions prizes ought to be claimed in the state exactly where the ticket was bought, the Florida Lottery says. Powerball prizes have to be claimed in the state exactly where the ticket was bought, the Florida Lottery says. The final time this occurred was ten years ago, on Dec. 25, 2013, when a ticket in Missouri won the $71.5 million jackpot. Playing on-line implies you acquire one hundred% of any prize amounts won. Some states also tax lottery winnings, with rates as low as 2.five% in Arizona to as high as 10.9% in New York, whilst other states—including California and Texas—don’t tax lottery winnings.
If there is no best prize winner, the money remains in the game's prize pool to fund future prizes. Through the CASH4LIFE drawing, 5 white balls (numbered 1 via 60) and 1 green Money Ball (numbered 1 through four) are randomly chosen. Players win the leading prize of $1,000 a Day for Life by matching, in any order, the 5 numbers drawn from the initially set of balls and Powerball Winners the Money Powerball Winners Ball drawn from the second set. The second prize of $1,000 a Week for Life is won by matching, in any order, the 5 numbers drawn from the very first set of balls. MEGA MILLIONS numbers are drawn from two sets of numbers, so the odds of winning are calculated by combining the odds for both sets of numbers for all prize levels. The odds for matching just the Mega Ball are calculated by combining the odds of deciding on the Mega Ball and the odds of not selecting any of the five numbers from the 1st set of numbers drawn.
The most current $1 billion winner came just two weeks ago when a player in California was the lone winner of the $1.080 billion jackpot. This was just the third Powerball prize to hit the $1 billion mark as there have been 38 consecutive drawings where no one won the grand prize just before this massive win. This jackpot winner was also the initial of 4 Mega Millions grand prize winners sold in the month of January as three far more players would win a jackpot later in the month. The second possibility occurs Saturday night with a Powerball jackpot that checks in at a $400 million annuity or $185.six million money.
Powerball is played in 45 states as well as Washington, D.C., the U.S. Now that there has finally been a winner, the top prize for Wednesday's drawing will be back down to just $20 million. If the winner selects a lump sum money payout, the value is $997.six million. To take residence the $two billion sum, the winner would want to pick annuity payouts over 29 years, according to Reuters. The drawing for Monday night's record Powerball jackpot was delayed several hours for the reason that a single of the participating lotteries necessary further time to comprehensive safety protocols. 1 extremely fortunate person won Monday's record-setting Powerball jackpot — worth $2.04 billion.
The odds of winning a Powerball jackpot remain extremely slim, standing at about 1 in 292.two million. More than a dozen players came close to winning it all Saturday, matching 5 out of the six winner numbers. But they didn’t leave empty-handed, they each took household $1 million prizes. A single lucky winner in Kentucky nabbed a $2 million prize, according to Powerball.
Processing times as effectively as prize thresholds differ with each and every state, but normally speaking, the bigger the prize, the longer it will take to gather your winnings. So far this year, nine jackpots have been hit, six of which had been Mega Millions grand prizes. Although that may sound like a lot, 4 of them have been won in January and two in April.
You are expected by the New York Gaming Commission to spend eight.82 percent state tax on winnings more than $five,000, in addition to any federal taxes owed. Some places within the state also levy a regional earnings tax. New York City, for instance, has an revenue tax price of three.876 %, which is also applied to any lottery winnings.