Powerball Jackpot Now
But, now after Saturday's Powerball drawing has still not turned up a winner, and the same for Friday's Mega Millions drawing, the Powerball jackpot is now at $550 million, that's potentially the. The estimated Powerball jackpot for Wednesday is now estimated at $730 million, the fourth largest jackpot in Powerball history. It’s also the sixth largest in U.S. Lottery history. The Powerball jackpot has jumped higher again. With no ticket matching all six numbers drawn on Saturday, the top prize is now $410 million for the next drawing on Wednesday night. Mega Millions Jackpot Now $865M; Powerball up to $730M The Mega Millions top prize climbed to an estimated $865 million, the biggest jackpot in more than two years. Powerball, the other lottery.
Analyzing Powerball is not an easy task. We did a research to gather the data of the Powerball jackpot, and only then we are able to provide you an audit of it. Let's get started.
Whenever you choose annuity rather than cash amount in the Powerball lottery then you need a clear information about how much money you are going to get each year. But you didn't had a resource for that yet. But now we have provided you a clear audit for the Jackpot amount here. You only need to select the residing state of your residence, and this calculator will evaluate all the taxes and final take-home amount in Powerball lotto for you.
All the tax rates are subject to change any time, so please consult a tax attorney if you win a jackpot. We try to keep things updated, but consulting an attorney is the best idea to manage your funds.
I have set the Federal tax to 37% because of the jackpot amount. But if in your country it is something different, then please calculate your amount according to that.
There might be some regional taxes in your jurisdiction, So you have to pay those taxes separately. Those can be an extra burden for you. States try to put heavy taxes on Lottery Jackpot winnings. Lotteries may take the tax percentage before paying you the money.
There are some ways you can save some money from the taxes imposed on your lottery winnings, but for that, you need to hire an expert in that area.
DES MOINES, Iowa (AP) — Lottery players will have another shot Tuesday night at the third-largest jackpot in U.S. history.
What Is The Powerball Jackpot Now
The Mega Millions top prize climbed to an estimated $865 million, the biggest jackpot in more than two years. Powerball, the other lottery game offered in most of the U.S., isn’t far behind at $730 million for a drawing Wednesday night.
The winning number’s in Tuesday night’s Mega Millions drawing were: 10-19-26-28-50 and a Mega Ball of 16.
It’s the first time both lottery jackpots have topped $700 million. The biggest prize was a $1.58 billion Powerball jackpot won by three people in 2016.
Pa Powerball Jackpot Now
No one has won the Mega Millions jackpot since Sept. 15, allowing the prize to grow larger and larger over four months. The last Powerball jackpot winner was a day later, on Sept. 16.
Such big jackpots are rare, but both games rely on incredibly long odds to generate attention and increase sales. For Mega Millions, the odds of matching all six numbers is one in 302.5 million, and for Powerball it’s one in 292.2 million.
The prizes listed are for winners who choose an annuity option, paid over 30 years. Winners almost always opt for cash prizes, which for Mega Millions would be $638.8 million and $546 million for Powerball.
Those prizes also would be subject to federal taxes, and most states would take a cut as well.
Mega Millions and Powerball are both played in 45 states as well as Washington, D.C., and the U.S. Virgin Islands. Powerball also is offered in Puerto Rico.