POWERBALL DRAWING $1.1Billion for next drawing on MON. 12/15/2025 ..... $503.4M cash
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Thanks for the reminder.
I'm grateful to have the winning number for tonights drawing!
I look forward to claiming the jackpot for the ultimate x-mas celebration...
And I dont even celebrate x-mas
I look forward to claiming the jackpot for the ultimate x-mas celebration...
And I dont even celebrate x-mas
You'll be lucky if you split the prize with MY winning numbersI'm grateful to have the winning number for tonights drawing!
I look forward to claiming the jackpot for the ultimate x-mas celebration...
And I dont even celebrate x-mas
werks for me congrats on the shared winnings!!!You'll be lucky if you split the prize with MY winning numbers
I think that I'd probably take the annuity..... if you can't live and invest what you get after winning over 30 yrs and give what remains to your family if you die...... 
sidebar: THIS is why you talk to a money manager then make a decision your age when you win and other thing do factor in
California jackpot winners can avoid paying state taxes on their lottery winnings - but will still see their grand prize cut by payments to Uncle Sam
The Powerball jackpot has climbed to an estimated $1billion for Saturday night's drawing, the eighth-largest in the game's history.
The prize swelled after no player matched all six numbers — 10, 16, 29, 33, 69, and red ball 22 — during Wednesday's hundred-million-dollar drawing.
Powerball drawing will be held at 11pm ET tonight, broadcast live from the Florida Lottery studio in Tallahassee.
While the headline figure is eye-catching, lucky winners will likely take home hundreds of millions of dollars less than the giant sum lighting up billboards and gas stations nationwide.
That's because the $1billion figure splashed across billboards isn't sitting in a vault — and another chunk of the victors' pot goes toward taxes.
Plus, jackpot champs must choose between 30 annual payments or a one-time cash option.
Few opt for the lump sum, which would be $457.7million before taxes, according to USA Mega.
After the federal government takes its 37 percent cut, the take-home drops to around $288.4million.
Saturday's headline jackpot figure represents what the prize would be if the pool were invested in Treasury bonds over 30 years — which is why recent higher interest rates push up the headline amount.
Choosing the annuity provides one upfront payment followed by 29 annual installments that rise 5 percent each year.
For winners who opt for the lump sum, this means they are being penalized more than at any point in the last two decades.
Still, since 2003, five grand prize winners have chosen that option.
Powerball tickets are sold in 45 states, the District of Columbia, Puerto Rico, and the US Virgin Islands — winners in every region can expect wildly different final sums because of local taxes.
Winners in California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming don't pay state taxes on jackpot winnings.
Meanwhile, Maryland, New York, Oregon, New Jersey, and Washington DC winners have to pay state taxes above eight percent on their prize money.
For example, if the winner lives in New York City, they should expect $188million to hit their bank account.
A jackpot winner in Los Angeles will win $40million more at $228million.
Still, the likelihood that a player will take home that life-changing sum is like finding a needle in a hay barn, independent experts told the Daily Mail.
Tim Chartier, a professor of mathematics and computer science at Davidson College, doesn't bother with the Powerball or Mega Millions games. The odds are just too extreme, he says.
'Imagine I'm going to pick one second in the last 9.2 years,' he told the Daily Mail. 'Now, tell me which second I picked. That's the same odds to win.'
Lottery experts said players should only purchase a ticket if they're not worried about losing the money they're playing with — and that smaller-ticket games might be more fruitful.
'The biggest thing is to treat it as entertainment,' Jared James, the founder of LottoEdge, said. 'When the jackpot gets big like this, some people shift that mindset and think "Oh, this is life-changing money."
'I would say it's more money than most people need. Don't chase this Powerball thinking, "Hey, this is my retirement plan." Play it for fun, because you're most likely not going to win.'
Read more
sidebar: THIS is why you talk to a money manager then make a decision your age when you win and other thing do factor in
The Powerball jackpot has climbed to an estimated $1billion for Saturday night's drawing, the eighth-largest in the game's history.
The prize swelled after no player matched all six numbers — 10, 16, 29, 33, 69, and red ball 22 — during Wednesday's hundred-million-dollar drawing.
Powerball drawing will be held at 11pm ET tonight, broadcast live from the Florida Lottery studio in Tallahassee.
While the headline figure is eye-catching, lucky winners will likely take home hundreds of millions of dollars less than the giant sum lighting up billboards and gas stations nationwide.
That's because the $1billion figure splashed across billboards isn't sitting in a vault — and another chunk of the victors' pot goes toward taxes.
Plus, jackpot champs must choose between 30 annual payments or a one-time cash option.
Few opt for the lump sum, which would be $457.7million before taxes, according to USA Mega.
After the federal government takes its 37 percent cut, the take-home drops to around $288.4million.
Saturday's headline jackpot figure represents what the prize would be if the pool were invested in Treasury bonds over 30 years — which is why recent higher interest rates push up the headline amount.
Choosing the annuity provides one upfront payment followed by 29 annual installments that rise 5 percent each year.
For winners who opt for the lump sum, this means they are being penalized more than at any point in the last two decades.
Still, since 2003, five grand prize winners have chosen that option.
Powerball tickets are sold in 45 states, the District of Columbia, Puerto Rico, and the US Virgin Islands — winners in every region can expect wildly different final sums because of local taxes.
Winners in California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming don't pay state taxes on jackpot winnings.
Meanwhile, Maryland, New York, Oregon, New Jersey, and Washington DC winners have to pay state taxes above eight percent on their prize money.
For example, if the winner lives in New York City, they should expect $188million to hit their bank account.
A jackpot winner in Los Angeles will win $40million more at $228million.
Still, the likelihood that a player will take home that life-changing sum is like finding a needle in a hay barn, independent experts told the Daily Mail.
Tim Chartier, a professor of mathematics and computer science at Davidson College, doesn't bother with the Powerball or Mega Millions games. The odds are just too extreme, he says.
'Imagine I'm going to pick one second in the last 9.2 years,' he told the Daily Mail. 'Now, tell me which second I picked. That's the same odds to win.'
Lottery experts said players should only purchase a ticket if they're not worried about losing the money they're playing with — and that smaller-ticket games might be more fruitful.
'The biggest thing is to treat it as entertainment,' Jared James, the founder of LottoEdge, said. 'When the jackpot gets big like this, some people shift that mindset and think "Oh, this is life-changing money."
'I would say it's more money than most people need. Don't chase this Powerball thinking, "Hey, this is my retirement plan." Play it for fun, because you're most likely not going to win.'
Read more
- With Powerball defying dreams, why are hopefuls eyeing the jaw-dropping $1.7 billion jackpot? Dive into the frenzy of fortune.
- What are the breathtaking options the Powerball winners face in choosing their colossal $893.5 million prize?
- Why does the Powerball game boast its most gigantic jackpots amidst staggering odds of winning?
- Could this be your chance to snatch the sixth-largest Powerball prize ever? Discover what's driving the jaw-dropping rise to $950 million!
- How much is the jaw-dropping possible lump sum for each winner of the $1.8 billion Powerball prize?
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Nah man..... I gotta go out tomorrow morning and drop my $150...... 25 tickets same quick pick numbers for the next three drawings..... if no one wins by then...... same thing again..... wash, rinse and repeat
and DC aint even a state my G. how they got away with that fine print??
Mr. Lengthy
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