The cash lump sum is the money straight away offered, generated from the sale of Mega Millions tickets. The annuity solution invests the cash lump sum in government bonds over 29 years, so it gains interest over time. Use our annuity payment schedule tool view an estimate of these annual payments. The Powerball jackpot for Saturday’s drawing is now worth an estimated $306 million soon after no one particular won Wednesday’s drawing.
Generally, $1 of the Powerball ticket price goes to the player pool, and the other half goes to pay administrative costs, retailer fees and state solutions such as education. The jackpot stands at a whopping $960 million, with a $441.4 million money option. The game’s odds stay 1 in 292.two million regardless of how large the jackpot is and the number of folks buying tickets. Those odds imply there are 292.two million probable quantity combinations. There have been two tickets sold in Massachusetts that hit for $50,000, according to the lottery commission.
Meanwhile, the Powerball jackpot is at $173 million with a cash choice of $79.6 million, according to the Powerball web page. As of Nov. 17, 2023, there have been nine lottery jackpots that have reached or surpassed $1 billion. No 1 claimed the jackpot on Friday, Nov. three, either, but Florida nevertheless had some huge news. A ticket purchased in the Sunshine State matched five for a $1 million prize. An individual in Texas won the Friday, Oct. six, Mega Millions jackpot for $360 million.
The estimated cash payout would be about $516.eight million, the lottery stated. Ultimately, take a appear at our guide on What to Do After Winning the Lottery where we’ll give you our recommendations on how to manage big lottery wins. And please remember to redeem your ticket within the time period allowed.
It will be the 22nd time there has been a Mega Millions jackpot drawing considering the fact that the prize was last won on Dec. 8, with two winning tickets in California splitting the $395 million prize. The following Mega Millions and Powerball jackpots created the Top rated ten most significant lottery jackpots in U.S. history, as of Feb. 16, 2024. Soon after no 1 matched all five numbers plus the Mega Ball in the Tuesday, February 13 drawing for $425 million, the grand prize climbed to $457 million for the drawing on Friday, February 16. The Friday, March 1, Mega Millions estimated jackpot is worth an estimated $607 million with a money alternative of $286.9 million. Mega Millions next jackpot drawing, on Tuesday, will be for $650 million, or a cash selection of $308.6 million. That will make it the seventh-biggest Mega Millions jackpot ever.
Here are the numbers for the Monday, March 4, Powerball jackpot worth an estimated $460 million with a cash selection of $220.four million. After Castro claimed his winnings as a one-time, lump sum payment on Valentine’s Day, 3 months following the drawing, he bought a $25.five million estate in Hollywood Hills on March 1, 2023. According to USA Today, the 13,500-square-foot mansion sits on a .58-acre lot and features 5 bedrooms, seven bathrooms, game space, wine cellar, film theater, bar, spa and fitness studio. The primary area is on the third floor and has its own balcony. Other amenities involve a garage major sufficient to park seven cars. Edwin Castro of Altadena, California, is the sole winner of the $2.04 billion Powerball drawing on Nov. 7, 2022.
Eventually, it becomes almost not possible for a drawing to take place without the need of a winner. It is understandable that some lottery players are enticed by the $164 million jackpot, but it’s essential to retain in mind that the chances of winning Powerball’s top prize are exceedingly slim. If there is a winner and they choose the cash option, they could go property with $78.8 million, according to the lottery. This can be a distinct monetary amount or a percentage of 5% or greater.
A winning $50,000 Powerball® ticket is set to expire on March 18. The ticket was bought in September of 2023 at Stop on the Way ten positioned at 422 Spring St. in Fort Wayne. Although Cheeks, who bought the ticket on Jan. 6, 2023, didn’t see the Jan. 7 drawing, when he pulled up the D.C. Lottery website in the early morning hours of Jan. 8, his numbers have been displayed beneath “Winning Numbers.” The Powerball prize at that time was $340 million.
ATLANTA — No one took dwelling the Powerball jackpot on Monday night, which means there’s nonetheless a chance for players to win major in the subsequent drawing. The cut Powerball results-off instances for obtaining Powerball tickets vary by state. Ordinarily, it really is inside one particular or two hours of the scheduled drawing.
Meanwhile, the Mega Millions jackpot is at $159 million for Tuesday’s drawing with a cash solution of $69.four million, according to the Mega Millions web-site. The Powerball jackpot for Monday, Feb. 27 rose to an estimated $131 million with a cash solution of $66.9 million, according to powerball.com. The new $910 million prize is among Powerball results the biggest in U.S. lottery history and follows a $1.08 billion Powerball prize won by a player July 19 in Los Angeles. California lottery officials haven’t announced a winner for that jackpot, which was the sixth-largest in U.S. history. The Powerball jackpot for Monday rose to an estimated $352 million with a money solution of $163.three million, according to powerball.com.