The odds of winning are about 1 in 292 million. The game’s jackpot reached a world record of almost $1.6 billion in the drawing on January 13. Powerball is held in 44 states, the District of Columbia, the U.S. Virgin Islands and Puerto Rico.
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This Wednesday’s Powerball jackpot has grown to $422 million, after almost three months without a victor.
The Powerball lottery has rolled over once again and now stands at an estimated $422 million, which could be won at the next draw on Wednesday 27th July. With Wednesday’s Powerball jackpot now at $422 million, NY will see even more winners across the state.
The winning numbers in last Saturday’s game were 5, 7, 23, 35 and 39. After news broke of the Canadian’s success, online sales in Canada for United States lottery tickets through theLotter.com has gone through the roof.
A winning ticket consisting of all six numbers will be worth an estimated payout of $422 million if spread over 30 years, or the victor may opt for a lump-sum payment of $291.8 million before federal taxes.
So, what should you do if you win the big prize? Winners in California, Florida, and Tennessee all shared the money.
Some even bring their lawyer with them to claim their prize. Then, any extra income taxes like state or city would apply.
Winners can take a multi-year payout, or a lump sum cash payout.
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