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For the current jackpot, the cash option is $395 million. Deciding which option is best depends on a few different factors, ranging from your age and financial situation to your comfort with ...
The cash option in the US can be 40–60% of the advertised annuity amount. Specific payouts for any single draw deviate from the expected payout advertised before a draw, and depends especially on if the jackpot is hit. Typically jackpot amounts that are not hit or paid out are then rolled over to the next draw.
On November 8, 2022, a single ticket purchased in Altadena, California, was the only winner of a $2.04 billion Powerball jackpot, the largest in U.S. lottery history. [73] The prize was claimed on February 14, 2023. The winner was revealed as Edwin Castro. He opted to collect his prize as a lump sum payment of $997.6 million.
In November 2022, the Powerball lottery broke records for any lottery drawing in history, with a $1.9 billion jackpot. The jackpot starts at no less than $20 million and grows by at least $2 ...
The Powerball jackpot for Wednesday, May 29, 2024, is now an estimated $143 million with a cash option of $66.8 million, according to powerball.com. When is the next Powerball drawing?
In 1985, Megabucks, an in-house jackpot game, was introduced. In 1990, Megabucks became the first US lottery game to give players a choice of lump sum or annuity, should they win the top prize. It has become Oregon Lottery's flagship game, and is referred to in promotional advertising as "Oregon's Game". In 1985, Scratch-it games were introduced.
The winning numbers for the $1.3 billion Powerball jackpot was finally drawn at 2:29 a.m. on Sunday. Powerball drawing for Saturday, April 6, 2024 held after lengthy delay. Check your tickets
€120.0 million (US$126.8 million) was the largest jackpot in the Eurojackpot history, won on 6 December, 2024 by two tickets in Germany. €371.1 million (US$394.6 million) was the largest single-ticket jackpot in Italy 's SuperEnalotto lottery, won on 16 February 2023.