For simply the second time in its historical past, Monday evening’s Powerball drawing was value greater than $1 billion — with a “b.”
The profitable numbers had been 13-19-36-39-59, with the Powerball being 13.
The $1 billion prize, if received, can be the fifth-largest in U.S. lottery historical past and comes lower than two years after the earlier billion-dollar jackpot — a $1.05 billion ticket within the Jan. 22, 2021, Mega Tens of millions contest.
If taken in a single lump sum of money, as most up-to-date large lottery winners have chosen to do, Monday’s $1 billion Powerball prize can be value $497.3 million. The bigger, marketed quantity is what the opposite choice — a 29-year annuity — can be value over its lifetime.
Federal taxes would shortly take nearly 40% of that quantity, with state taxes a risk on high of that.
The final Powerball winner got here on Aug. 3, and up to date modifications within the U.S. lottery system have inspired mega-jackpots.
Powerball final yr expanded to a few nights per week, including a Monday drawing to its Wednesday and Saturday video games. Powerball stated that the additional drawing would result in “bigger, faster-growing jackpots.”
The $2 Powerball tickets are offered in 45 states, together with the District of Columbia, Puerto Rico and the U.S. Virgin Islands.
The chances of a profitable Powerball ticket are 1 in 292.2 million.
