The Powerball lottery was won on October 4th, 2020 in the state of Wisconsin. Two winning tickets were sold in Wisconsin and each ticket holder won the estimated $90 million grand prize. The winning numbers for that drawing were 5, 12, 14, 23, 49 and the Powerball was 15.
The winners have not yet come forward to collect their prizes.
Did anyone win the Powerball oct4?
No, no one won the Powerball drawing on October 4th. The winning numbers drawn were 05, 06, 15, 25, 39, and PB 06. The guaranteed jackpot for the drawing was $66 million and the estimated jackpot for the following drawing was reported to be $75 million.
There were also several winners for the smaller prize tiers in the October 4th drawing.
Where did the winning Powerball ticket sold?
The winning Powerball ticket was sold at a convenience store in Scott City, Missouri. The winner, Lerynne West, purchased the historic ticket from a Casey’s gas station in the small town, which has a population of just 4,000 people.
West had been in town visiting family, and decided to buy the lottery ticket on a whim. After discovering it was the winning ticket, West chose to take the lump sum of $198. 1 million, rather than the full amount of $396.
2 million over 30 years. She is the state’s largest lottery winner in history, and is considering how she’d like to invest her winnings.
What state was the Powerball hit in?
The $570 million Powerball jackpot was hit on May 27th, 2019 in Wisconsin. The winning ticket was bought at a Speedway in New Berlin, WI, a suburb of Milwaukee. The lucky winners, Manuel and Patricia Franco, chose the cash option for their winnings, netting them about $326 million.
They were the third Powerball jackpot winners in Wisconsin in the last two years.
How much would you take home from Powerball after taxes?
The exact amount of money you’d take home from Powerball after taxes greatly depends on where you purchase the ticket and where you live. If you purchase a Powerball ticket in the U. S. , federal taxes of 24% will be taken out of any prize you win over $5,200.
Depending on your state, you may also have to pay additional state taxes. It’s generally recommended that if you do win a major lottery prize, you consult with a lawyer and financial advisor to help you determine exactly how much you would take home after taxes.
What are the 5 most common Powerball numbers?
The five most common Powerball numbers are 26 (drawn 176 times), 41 (drawn 170 times), 16 (drawn 162 times), 22 (drawn 156 times), and 32 (drawn 152 times). The rest of the most frequently drawn numbers are 23 (drawn 149 times), 39 (drawn 148 times), 29 (drawn 147 times), 43 (drawn 144 times), 33 (drawn 142 times), 15 (drawn 141 times), 20 (drawn 139 times), 24 (drawn 137 times), 18 (drawn 136 times), 31 (drawn 133 times), 12 (drawn 132 times), 28 (drawn 131 times) and 34 (drawn 128 times).
Interestingly, the number 1 has the least amount of draws at only 109 times.
How long does it take to get your money if you win the Powerball?
The amount of time it takes to get your money if you win the Powerball depends on a few factors, including the state where the ticket is purchased and the payout amount. In most cases, winners receive their prize approximately 3-4 weeks after the winning draw date.
However, if the prize is under $600, winners can typically expect to be paid out faster, often within one to two weeks. In certain cases, individuals requesting a payout over $600 in winnings may need to submit additional paperwork, which could extend the payout wait-time.
In addition, it is important to consider the difference between cash and annuity options when it comes to winning the Powerball. If an individual takes the cash option, they will receive the lump sum payout in one lump sum payment after taxes and other applicable withholdings.
On the other hand, if a winner chooses the annuity option, their winnings will be paid out over 29 years in annual installments, with the first payment being the largest and each subsequent payment reducing in value.
It is important to keep in mind that, while the annuity option often has a slightly larger payout amount, it can take longer still to receive your money as the annual installments may be paid out over a lengthy period of time.
In conclusion, while precise timeframes depend on a few factors, winners of the Powerball can generally expect to receive their payout within 3-4 weeks, or longer if opting for an annuity payment option.
How much do you get if you take the lump sum in Powerball?
The amount you get if you take the lump sum in Powerball depends on the total amount of the jackpot. Generally, most lotteries will offer a lump sum cash payment that is equal to the advertised jackpot, minus taxes.
This means that if the jackpot is advertised as $100 million, then the lump sum payment after taxes would be approximately $60 million. For some jackpots, the cash option amount might be lower due to the amount of taxes taken out.
It’s important to note that the actual amount of the cash option amount can change from one drawing to the next, so it’s always best to check with the lottery agency to get the exact amount.
Is it better to take the lump sum or annuity lottery?
It really depends on your financial goals and situation. Taking the lump sum might be ideal if you are looking to save for retirement or investing in other long-term opportunities. You can also invest the lump sum to grow over time, or pay off debts.
On the other hand, an annuity might be the best fit for those who need a steady income stream, or are more focused on financial security than making wise investments.
It is important to consider the tax implications of each option. With a lump sum, you will likely be subject to a large tax bill when you receive it, while a structured annuity may spread out that tax burden over the entire payout period.
You should also keep in mind the total amount when deciding which is better. Depending on the size of the lottery, the lump sum may be substantially lower than the total payout of the annuity due to taxes, banking and administrative fees.
Ultimately, it is best to talk with a financial advisor to determine which option is best for you.
Who was the last person to win Powerball?
The last person to win the Powerball was a Mississippi couple who won $1. 6 billion on January 6, 2021. They matched all the winning numbers of 26, 53, 58, 69, 70 and the Powerball number 21 in the Powerball drawing.
The couple chose the cash option and will receive more than $1. 2 billion after taxes. The prize was the third-largest in U. S. lottery history and the largest single-ticket jackpot ever won on a single lottery ticket.
The jackpot was the result of the 20 consecutive drawings that did not have a winner following an October 2018 win from South Carolina. The largest ever Powerball jackpot of $1. 586 billion was won in January 2016 by three players in California, Florida and Tennessee.
What part of California was the Powerball ticket sold?
The Powerball ticket was sold in Chino Hills, California. This city is located in San Bernardino County in the southwestern portion of the state. Chino Hills is a suburb of Los Angeles, located about forty miles to the southwest of the city.
It is also situated near the intersections of the 71, 60, and 57 freeways. Chino Hills is one of the cities that make up the corridor known as the Inland Empire and it is approximately seven miles southeast of downtown Chino and seventeen miles northwest of Ontario.
What do I win if I get 2 numbers on Powerball?
If you get two numbers correct on Powerball, you will win a fixed prize. Depending on the amount of money that is placed in the individual game jackpot, your prize could be anywhere from $4 to $1 million.
To win the jackpot, you must match all five white balls plus the red Powerball number, so two correct numbers is not enough to get the top prize. However, depending on the amount of people who match two numbers and the amount of money in the jackpot, you still have a chance of winning thousands of dollars.
For every drawn game, players from all over can check the winning numbers and prize amounts on the official Powerball website.
How many numbers do you need to win anything on Powerball?
In order to win anything on Powerball, you need to match at least two of the winning numbers drawn. The Powerball requires you to match 5 numbers from 1 to 69, along with the Powerball number from 1 to 26.
Matching all 5 regular numbers and the Powerball will win the jackpot. While there are other prizes available at lower levels of matching, the minimum numbers you need to match to win anything are two regular numbers and the Powerball.
Does 2 numbers in Powerball win anything?
Yes, if you match two numbers in Powerball you will win a prize! Winning two numbers in the Powerball game will earn you the Powerball prize, which is the smallest prize given out in the game. The exact amount of money won depends on the amount wagered and the number of winners in the drawing, but the minimum amount for matching two Powerball numbers is typically around $4.
Additionally, if you also match the Powerball, you’ll win a larger prize – though it will still be much lower than the jackpot, which is won by matching all five main numbers plus the Powerball.
How does Powerball payout work?
The Powerball lottery works by selecting six numbers—five regular numbers and one Powerball number. Players win fixed prizes when they match all 5 white numbers and/or the Powerball number, with the grand prize being the jackpot.
If you match all 5 numbers and the Powerball, you will win the jackpot; if you match just the 5 white numbers, you will still win a fixed prize amount.
The amount of your winnings depends on whether you’ve chosen to play the annuity payout option, or the one-time, lump-sum payment. With the annuity option, the prize is paid out over 30 installments.
The annual payments are made in accordance with the annuity payment schedule, with each payment 5% higher than the one before it. This means that the total prize amount can vary, depending on the time it takes to claim the prize.
The one-time, lump-sum option pays out all of the prize money, minus taxes taken out, within 60 days of the prize being claimed. This is often the more lucrative option offered by the Powerball lottery.
The winning numbers are drawn by a random number generator, and the results are available to view live on TV or online via the official Powerball website. The winning numbers are also published in various newspapers, including USA Today.
Players must check their tickets against the winning numbers to find out if they are a winner.