Saturday’s $1.23 Billion Jackpot Would Be Fourth Largest Powerball Prize

The Powerball jackpot rolled over but once more on Wednesday night time and now stands at an estimated $1.23 billion, with its subsequent drawing Saturday, April 6.

In the meantime, a ticket purchased in New Jersey was the only winner of a $1.13 billion Mega Thousands and thousands jackpot on March 26. It was the eighth-largest jackpot of all time.

• Powerball: $1.23 billion estimated jackpot, subsequent drawing Saturday, April 6.

• Mega Thousands and thousands: $67 million estimated jackpot, subsequent drawing Friday, April 5.

Powerball and Mega Thousands and thousands tickets are bought for $2 apiece in 45 U.S. states, in addition to Washington, D.C., and the U.S. Virgin Islands.

• To play Mega Thousands and thousands, decide 5 numbers between 1 and 70, and a sixth quantity between 1 and 25. In the event you don’t need to decide the numbers your self, you will get a set of numbers generated for you.

• To play Powerball, decide 5 numbers between 1 and 69 and a Powerball quantity from 1 to 26 (or have them randomly generated).

In the event you plan to participate in an workplace lottery pool, contemplate taking these precautions.

The present jackpot is estimated at $67 million.

Winners can choose to take their winnings within the type of an annuity or as a single lump sum, generally known as the money possibility. The money possibility for the present jackpot is estimated at $31 million.

By taking the annuity possibility, the winner would get the complete jackpot marketed by Mega Thousands and thousands, however it might be unfold out in funds over 30 years.

Irrespective of how fortunate you’re, you received’t get round paying taxes on a lottery jackpot. After obligatory federal revenue tax withholding, you’d have about $19.5 million when you took the money possibility. How far more you’d pay come tax time can rely on the place you acquire the ticket — and the place you reside, if that is one other state. To organize, be sure to know the ins and outs of how the lottery works.

• The profitable numbers will probably be drawn Friday, April 5 at 11 p.m. Japanese Time.

• If there’s nonetheless no jackpot winner, the grand prize will proceed to develop.

• The percentages of profitable the jackpot are roughly 1 in 303 million.

The present jackpot is estimated at $1.23 billion.

Like Mega Thousands and thousands, winners of Powerball can select between an annuity that pays out over 30 years or a single lump sum. The money possibility for the present jackpot is $595.1 million. After obligatory federal taxes, the holder of a single profitable ticket would preserve about $374.9 million, minus any state taxes.

• The profitable numbers will probably be drawn Saturday, April 6 at 11 p.m. Japanese Time.

• If there’s nonetheless no jackpot winner, the grand prize will proceed to develop.

• The percentages of profitable the jackpot are roughly 1 in 292 million.

The jackpot isn’t the one method to win. Each video games have prizes for ticket holders whose chosen numbers match the drawing in a wide range of mixtures.

• $2.04 billion (Powerball, Nov. 8, 2022 — one profitable ticket).

• $1.765 billion (Powerball, Oct. 11, 2023 — one profitable ticket).

• $1.586 billion (Powerball, Jan. 13, 2016 — three profitable tickets).

• $1.58 billion (Mega Thousands and thousands, Aug. 8, 2023 — one profitable ticket).

• $1.537 billion (Mega Thousands and thousands, Oct. 23, 2018 — one profitable ticket).

• $1.348 billion (Mega Thousands and thousands, Jan. 13, 2023 — one profitable ticket).

• $1.337 billion (Mega Thousands and thousands, July 29, 2022 — one profitable ticket).

• $1.23 billion (Powerball, pending)

• $1.13 billion (Mega Thousands and thousands, March 26, 2024 — one profitable ticket).

• $1.08 billion (Powerball, July 19, 2023 — one profitable ticket)