To win, a player must select five white balls numbered 1 to 69, plus a red Powerball numbered between 1 and 26, with the odds of winning the jackpot being one in 292 million.
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Trejo says, “The odds are kind of in your favor at this point”. In one week, that prize has gone up by more than a billion dollars, yes, billion with a “b”. If you bought one ticket per second, it would take over 9 years and 3 months to print all of the tickets not accounting for changing ink and paper in the ticket machine and bathroom breaks. The Georgia Lottery verifies your location via Geo-location data when you are ordering lottery tickets online, so you must be in the state at the time of purchase or your order will not go through.
“Sales are doing exponentially more than we’ve ever done before”, he said, adding that they were more than double what they were before the last record United States jackpot of $656 million in “I’m hearing anecdotally and through news outlets, millions of people who have never played Powerball before are indeed purchasing a ticket”, said Grief.
The $1.5 billion prize would be paid in annual payments over 29 years.
The firm’s study also shows that since 2002, mega-jackpots have been comparably rare, with about 70 percent offering a top prize of less than $100 million.
“We’re busy up until 10 o’clock when they stop selling them and the lines are up and down the isle”, says Lee. That means residents of states without Powerball are driving to neighboring states to play the lottery and probably spending money on gas, soda or doughnuts in the process. “It’s the taxes that’ll get you”. From there your team can help you decide if you should invest the lump sum to make more money.
Peterson says, “There is a real psychological impact with money and wealth”.
The federal government will tax 25 percent of your winnings.
But the rules stipulate you can actually claim your prize by mail by downloading a form.
The odds of matching all six numbers to win the jackpot are 1 in 292.2 million.
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“I’m going to get a Ferrari”, she said.
