A look back at some of the past lottery winners over the years, from how they won to their experiences after getting the money.
WASHINGTON, USA — Powerball's jackpot has climbed to a staggering $1.73 billion for Wednesday night's drawing.
The prize is the second-largest jackpot in U.S. history, just behind the record-breaking $2.04 billion Powerball jackpot last November. 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. And wins in recent months have been few and far between.If a winner matches all five numbers and the Powerball, they have the option to take the full jackpot paid out over 30 years, or a smaller cash payout.
Even with the smaller lump sum payout, federal taxes will eat into those winnings, and some states also tax big lottery prizes. Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.The Powerball drawing takes place live at 10:59 p.m. Eastern every Monday, Wednesday and Saturday. Tickets, which cost $2 per play, are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.
Over the past few years, huge lottery jackpots have become more common as lottery officials have changed the rules and ticket prices to boost top prizes. Powerball's biggest change came in 2021 when officials decided to add a Monday drawing to its weekly lineup of Wednesday and Saturday evening drawings. At the time of the announcement, Powerball proclaimed the addition of the Monday drawing would lead to"larger, faster-growing jackpots." What are the largest US lottery jackpots ever won?$1.58 billion: Mega Millions – Aug. 8, 2023 – FL$1.35 billion: Mega Millions - Jan.
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