Share

Sioux City pipefitter claims $1M Powerball prize

The winning ticket of the January 13th drawing is eligible for a $1.5 billion annuity value or a $930 million cash prize.

Advertisement

The next Powerball drawing takes place at 10:59 p.m. on Wednesday.

It’s not simply an issue of the odds – although the Multi-State Lottery Association puts the chance of winning the grand prize at one in 292.2 million. The victor was eventually ordered to share his prize.

In a release issued by the Iowa Lottery Monday, Dominguez, 23, said he bought a few Powerball tickets for the $900 million prize drawing Saturday.

A victor would have the option of being paid $1.4 billion through annual payments over 29 years or opting for one $868 million cash payment. The jackpot is so big that billboards around the country have to advertise the prize as $999 million because they’re not built t… The Pennsylvania Lottery has sold 17 jackpot-winning Powerball tickets and two jackpot-winning Mega Millions tickets. If you’re in one of these states, you can usually just go to another state and buy tickets there. Another eight tickets with an even closer matching string of numbers garnered the holders $2 million each, CNN reports.

Roughly 95 percent of Powerball tickets are computer-generated quick picks, so people’s favorite numbers aren’t really a factor. Here are some key questions and answers to check out before you buy your tickets.

Michael Pfaff of Hanover wasn’t holding out much hope Monday for picking the winning numbers, but he still came into Turkey Hill to get his tickets.

They may not be billionaires, but there were dozens who became millionaires as a result of the latest Powerball drawing.

You don’t become a smart investor when you win the lottery.

Most recently, there was one $1 million Match 5 victor in Boston. None of the money raised by the lottery goes into the state’s general fund.

Even if you have access to that kind of money, it might not be the best investment.

“I didn’t expect to win, but I had big dreams”, said Wheeler, 53.

The odds of winning Wednesday are 292,201,338 to 1.

Advertisement

Svitko noted that the jackpot run has been good for Powerball players and also the older Pennsylvanians who benefit from Lottery proceeds.

Could you guarantee yourself a Powerball jackpot?