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Powerball Jackpot Will Hit $2 Billion If No Winner Wednesday
And there’s still time to pick up a ticket before the next drawing on Wednesday night.
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Pine also said that the Powerball jackpot has been one of the main topics of discussion between him and his multi-millionaire clients.
The jackpot has rolled over 19 times since November 7, becoming the largest jackpot offered.
“Ticket sales are great”. There was a small rush thinking that my six numbers could earn me $1.5 billion, minus taxes, changing my life. “I mean, that would just ruin somebody’s life”, she said.
It’s legal to purchase powerball tickets in the USA and take them back to Canada. The next drawing is Wednesday at 10:59 pm ET.
If you do win, experts say do not tell anyone, instead call an attorney.
The $1.5 billion prize would be paid in annual payments over 29 years or the victor could opt for a lump-sum payment of $930 million. And people rarely choose that option. So if you spent $584 million, you could cover every possible winning number and be sure of winning. The odds of winning the big prize are 1 in 292 million but that hasn’t damped people’s spirits.
The latest victor story shows that it does not matter how many tickets you buy. If the venture won the jackpot outright, it would pay off the bonds and pocket around $300 million.
The Alabama Department of Revenue lists prizes and awards – including contests, lotteries and gambling winnings – as income that must be reported on state income tax returns. Don’t toss your ticket! In the end, the victor is expected to collect just over $1 billion.
Imagine finding the one lucky dollar bill out of the millions of dollar bills… A lot more people will be buying tickets on Wednesday.
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Because of the high-volume ticket sales, lottery officials say it will take several hours after the drawing to sort through the numbers and determine if there’s a victor or winners. Not all winners have happy endings: If you hit the jackpot, keep it quiet until you have a game plan.