The winning numbers for the Powerball are 11-17-21-23-32 as well as the Powerball number is 5.
It was the country's eighth-largest lottery game reward. There had not been a winner since May 7, when a family members from New Jersey won a $429.6 million jackpot.
Tickets are offered in 44 states, the District of Columbia, Puerto Rico and also the United States Virgin Islands.
Jackpot champions can select between an annuity paid out over 29 years or a money option. The big reward prize that gets most focus describes the annuity, yet the majority of champions choose the cash option. To the lottery game, the payout is the same.
State and also federal taxes vary by state, however generally, winners pay regarding half the money quantity.
The distinction is whether the winner takes the money or accepts have actually that money positioned in a low-risk financial investment with a guaranteed payment made every year. Annuities have tax obligation benefits as well as reduces the risk a victor will blow via the cash, yet many individuals assume they could gain even more cash by investing the winning themselves.
Last year, officials at the Multi-State Lottery game Organization, a group of state lottery games that looks after Powerball, changed the probabilities of winning from 1 in 175 million to 1 in 292.2 million. They intended to generate bigger rewards that would certainly increase sales and also produce even larger rewards. Thanks to the adjustment, five of the biggest Powerball rewards, consisting of the present pot, have occurred in 2016-- a tally that could expand with five months left in the year.
The drawing is held Wednesday and Saturday at 10:59 p.m. Eastern time, usually in Tallahassee, Florida. One stemless glass consists of 69 white balls and also one more holds 26 red rounds. In around 30 secs, the equipments choose 5 of the white phoned number rounds and one red round.
The Associated Press contributed to this record
One winning ticket sold in $487 million Powerball drawing
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