Current:Home > InvestPowerball draws number for giant $960 million jackpot -FinTechWorld
Powerball draws number for giant $960 million jackpot
Indexbit View
Date:2025-04-07 17:11:12
DES MOINES, Iowa (AP) — The numbers were drawn Saturday night for an estimated $960 million Powerball jackpot and players across the country are waiting to see if there’s a big winner.
The winning numbers announced were: 19, 30, 37, 44, 46 and red Powerball 22.
Lottery official usually take several hours to determine if any player has won the giant jackpot.
The $960 million jackpot is for a sole winner who opts for payment through an annuity, doled out over 30 years. Winners almost always take the cash option, which for Saturday’s drawing would be an estimated $441.4 million.
Those winnings would be subject to federal taxes, and many states also tax lottery winnings.
The jackpot now ranks as the world’s ninth-largest lottery prize of all time, behind earlier prizes in the Powerball and Mega Millions games that all topped $1 billion.
The jackpot has grown so large because there have been 29 consecutive drawings without a big winner, dating back to July 19. Powerball’s terrible odds of 1 in 292.2 million are designed to generate big jackpots, with prizes becoming ever larger as they repeatedly roll over when no one wins.
The largest jackpot was a $2.04 billion Powerball prize hit by a player in California in November 2022.
In most states, a Powerball ticket costs $2 and players can select their own numbers or leave the task to a computer.
Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
veryGood! (787)
Related
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Can YOU solve the debt crisis?
- Why RHOA's Phaedra Parks Gave Son Ayden $150,000 for His 13th Birthday
- Shifting Sands: Carolina’s Outer Banks Face a Precarious Future
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Target removes some Pride Month products after threats against employees
- Taco John's trademarked 'Taco Tuesday' in 1989. Now Taco Bell is fighting it
- Four States Just Got a ‘Trifecta’ of Democratic Control, Paving the Way for Climate and Clean Energy Legislation
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- All of You Will Love Chrissy Teigen’s Adorable Footage of Her and John Legend’s 4 Kids
Ranking
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Can Africa Grow Without Fossil Fuels?
- A lot of offices are still empty — and it's becoming a major risk for the economy
- Kendall Jenner and Ex Devin Booker Attend Same Star-Studded Fourth of July Party
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Red, White and Royal Blue Trailer: You’ll Bow Down to This Steamy Romance
- The 15 Best Sweat-Proof Beauty Products To Help You Beat the Heat This Summer
- Welcome to America! Now learn to be in debt
Recommendation
The Daily Money: Spending more on holiday travel?
Mauricio Umansky Shares Family Photos With Kyle Richards After Addressing Breakup Speculation
Disney Star CoCo Lee Dead at 48
Supreme Court unanimously sides with Twitter in ISIS attack case
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
European watchdog fines Meta $1.3 billion over privacy violations
Durable and enduring, blue jeans turn 150
Houston lesbian bar was denied insurance coverage for hosting drag shows, owner says