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$1 million Powerball prize-winning ticket sold in eastern Iowa community of
In July, a million Mega Millions ticket was sold at a Burlington County supermarket. Here are the number combinations you will need to win a non-jackpot Powerball prize.
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Winners can choose from a lump-sum payment based on the approximate cash value of the jackpot ($51.2 million) or a 30-year annuity with payments of approximately $2 million each issued to the victor on an annual basis. There have now been 74 straight drawings without a victor since a player won a $3.5 million jackpot February 25. The chances of winning the Mega Millions jackpot is 1 in 258,890,850, according to the Oregon Lottery website.
Mega Millions draws on Tuesdays and Fridays at 11 p.m. The odds of winning the jackpot with a $1 ticket are 1-in-258.9 million. In fact, the August 14 drawing produced no new millionaires at all. Officials tell news that “There were three tickets that won the $1 Million Match 5 prize, except in CA where prizes are required to be pari-mutuel and may pay more or less than $1 Million”. The odds of winning the jackpot with a $1 ticket are 1-in-13,983,816.
In addition to federal taxes, if the victor lives in a state that taxes lottery winnings, the percentage that the state charges will be deducted from the winner’s payment.
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For good measure, David and Kathleen Long also took home a vehicle in the EuroMillions Mega Friday Draw. If you want to find out how close you are to a similar feat, check here to find out how to watch the Mega Millions drawings at 11 p.m. EST.