At the time of this answer, there was no winner of the Powerball Lottery. The numbers drawn on January 2, 2021 were 2-18-37-39-42 and the Powerball number drawn was 12. The estimated jackpot for January 5, 2021 was $376 million, but no one matched all six numbers and took home the grand prize.
However, players won prizes from secondary prizes ranging from $4 up to $2 million. The next drawing for Powerball is on Saturday, January 5th at 10:59pm EST.
Did Powerball have a winner?
Yes, Powerball recently had a winner. On January 6, 2021, a single winning ticket for the Powerball drawing was sold in Michigan for an estimated $640 million jackpot. The winning ticket matched all five white balls, 1-14-39-54-63, and the red Powerball 26.
The holder of the winning ticket must decide between taking the estimated cash value of $476. 9 million lump sum payment, or the full $640 million jackpot paid out in 30 annual installments. Winning the Powerball is a life-changing event, so the Michigan Lottery urges the winner to take the time to talk it over with financial advisors and family before coming to a final decision.
Where was recent Powerball won?
The most recent Powerball winning ticket was sold in Iowa on Saturday, November 2nd, 2019. The winning numbers from the drawing were 9, 10, 14, 22, 32, and Powerball 19. The holder of the ticket is now the sole owner of the $90 million jackpot.
They have yet to reveal their identity and details on how the ticket was bought. Iowa has now become the eighth state in the two-year stretch where the winning Powerball ticket was sold. Since the start of 2018, winning tickets have been sold in South Carolina, Arizona, New York, Tennessee, Massachusetts, California, and Texas.
Who won the $700 million Powerball?
The $700 million Powerball drawing was held on August 23rd, 2017. Winning the massive Powerball jackpot was a single ticket purchased in Chicopee, Massachusetts. The winner has chosen to remain anonymous but it has been reported that they elected to take the lump-sum payment of approximately $443,3 million before taxes.
Who won the jackpot?
Unfortunately, the answer to who won the jackpot is unknown. Depending on the type of jackpot, the winner can remain anonymous or their identity can be made public. For example, with lotteries, the winner is often revealed, while with casino jackpots or other types of winnings, it may be kept confidential.
As such, the name of the person who won the jackpot is not widely known.
What state was the winning Powerball ticket sold?
The winning $448 million Powerball ticket was sold in New Jersey. The winning ticket was sold at a convenience store located in Passaic County, New Jersey. The winner has chosen to remain anonymous, but it is known that the jackpot is the third-largest prize ever won in the state.
This is the fourth time a Powerball ticket sold in New Jersey has won the grand prize and it was the first one to be sold since 2013. The winning numbers from the draw on August 7, 2017 were 20, 37, 39, 43 and 68, plus the Powerball number 12.
The lucky winner also chose to add the Power Play number, which increased the ticket’s value.
How much would you get if you won 800 million dollars?
If you won 800 million dollars, you could expect to take home a sizable lump sum after taxes. Depending on your tax rate, you could take home anywhere from just over $480 million to around $570 million.
After accounting for fees and other necessary taxes, you could expect to net anywhere between $450-550 million.
It’s difficult to say exactly how much you would net, as taxes vary from state to state and depend on your particular financial situation. However, the larger your winnings, the more you will owe in taxes.
For example, the federal tax rate on lottery winnings is around 24%, while the highest federal rate on income above $518,400 is 37%. Additionally, if you live in a state that imposes an income tax, you will likely owe taxes to your state as well.
If you take home a lump sum payment—which is most often the best way to collect lottery winnings—your prize may last you a lifetime if you make smart investment and spending decisions. That being said, keep in mind that proper estate planning is essential to make sure you preserve your legacy and pass on whatever wealth you have left over to your heirs.
How many quick picks have won the Powerball?
Since the first-ever Powerball drawing in April 1992, there have been over 20 Powerball jackpot winners with quick picks. A quick pick is when the lottery computer randomly generates your numbers rather than you manually selecting them.
Having a quick pick ticket is just as likely to hit the jackpot as manually picking the numbers yourself, so it’s often just as popular.
On certain occasions, multiple tickets with quick picks have won the same Powerball jackpot. For example, in May 2019 two jackpot winning tickets were drawn from the same drawing – one from North Carolina and the other from Texas – and both were quick picks.
The exact number of quick pick winners in the Powerball is potentially not known due to a number of states allowing their ticket holders to remain anonymous. However, it is safe to say that quick pick tickets have been successful in catching the lucky Powerball numbers many times before and will hopefully continue to do so in the future as well.
What is the time to buy a lottery ticket?
The time to buy a lottery ticket will depend on the lottery you are playing and the rules that accompany it. Generally, lotteries will have either a designated draw time or a sales cut-off time for tickets.
The sales cut-off time is usually a few hours before the draw time, depending on the lottery. Every lottery game and jurisdiction is different so it is best to check with your local lottery agent or the lottery website to make sure you are aware of the correct sale cut-off times.
Most lottery games will also offer an online option, allowing you to purchase tickets without having to physically visit an agent, and these cut-off times may be different so it is important to be aware of them as well.
Do quick picks usually win?
It is impossible to say whether quick picks usually win or not, since the odds of winning a lottery are random and independent of how the ticket was chosen. However, some lottery players believe that quick picks, which are tickets selected by a random number generator, may be more likely to win than those picked manually.
This is because quick picks are not influenced by the unconscious personal biases or superstitions that people may have when picking numbers, so in theory, they should all have an equal chance of winning.
In reality, it is impossible to say definitively if quick picks are more likely to win than other tickets since it is not possible to compare the odds of winning between different groups of players. Ultimately, the only way to find out if quick picks win more often is to play the lottery frequently, keep track of the numbers, and see if the quick picks win more than manual picks.
Is it better to pick Powerball numbers?
No. The Powerball lottery is a random game of chance, and every ticket has an equal chance to win, regardless of what numbers you choose. Picking Powerball numbers is no better or worse than randomly choosing them, so it’s best to just stick with the random option.
Lottery officials advise that a player should pick numbers they feel lucky with and not worry too much about the probability of each number being chosen. When choosing your numbers, you can use a computer program or an automated generator, though you won’t be able to easily access the historical data that may help you make a better decision.
The Powerball lottery is random, so there’s no guarantee that your chosen numbers will be the lucky ones. This is why it’s important to stick with the random choice rather than attempting to “pick” the right numbers.
Did anyone win $1 million in Powerball?
No, nobody won the $1 million Powerball prize on March 27, 2021. However, one person in North Carolina did win the $731. 1 million Powerball jackpot, making them the fourth-largest single-ticket Powerball winner in lottery history.
Unfortunately, this prize has not yet been claimed, and if it isn’t claimed by Aug. 24, the jackpot will be split amongst the state’s 42 participating lotteries. As of April 6, 2021, there have been seven $1 million second-place winners across five jurisdictions, including Massachusetts, Pennsylvania, Texas, Virginia, and Wisconsin.
Additionally, ninety-eight $50,000 third-place winners have been awarded in 26 jurisdictions, a huge increase from the two previous draws.
How long does it take to get your money if you win the Powerball?
It typically takes between 3 to 4 weeks to receive your winnings from the Powerball lottery. After you’ve won and filled out paperwork for the lottery commission, it can take anywhere from 24 to 48 hours for the commission to verify your ticket and your personal information.
After this information is verified, the process to have your winnings disbursed to you can begin. Generally, once your winnings have been approved, you will receive your funds either by check or direct deposit within 3 to 4 weeks.
If your winnings are over $600, the lottery commission will send you a W-2G form and you may need to report the winnings on your taxes.
What should I do first if I win the lottery?
If you have just won the lottery, it is important to remain as calm and level-headed as possible. The first thing you should do is to sign the back of your lottery ticket, as this serves as proof that you are the rightful owner of the ticket.
You should then securely store your ticket in a safe place until you can get to the lottery office or report the win. You should also inform close family and friends about your win, but keep the news to trusted people only and be aware that you may receive unsolicited calls from companies offering financial advice or investments.
Once the win has been reported, you may have the opportunity to decide whether you would like to receive your winnings as a lump sum or through an annuity. It is advised to seek financial advice before taking your winnings, and you may also want to consult a lawyer or an accountant, as well as checking with your local financial regulators.
If you have opted for a lump sum payout, you may want to consider setting up a trust fund or a charitable foundation to protect the money and put it to good use. The winnings can also be invested in a portfolio or placed in a savings account, which can help to spread the risk and provide you with a steady income.
Finally, it is important to remember to remain mindful of changes in lifestyle, as sudden changes can have a huge impact on finances and family life. Aim to live within your means and remember that your win can be seen as a positive asset, not as a source of pressure or burden.
How much would you take home from Powerball after taxes?
The exact amount you would take home from Powerball after taxes depends on a variety of factors. For U. S. citizens, the federal tax rate on lottery winnings is 25%. In addition, all lotteries are subject to state taxes, which vary from 0 – 8%.
Most states also strip winners of their anonymity; so local taxes would also need to be taken into consideration. Assuming you are an American citizen and do not have to pay any additional taxes, you would take home about $194 million if you’re the winner of the $580 million Powerball jackpot.
After taxes, your take-home would be approximately $435 million.