Current:Home > StocksTradeEdge-Powerball draws number for giant $960 million jackpot -FinanceMind
TradeEdge-Powerball draws number for giant $960 million jackpot
Poinbank Exchange View
Date:2025-04-09 02:32:20
DES MOINES,TradeEdge Iowa (AP) — The numbers were drawn Saturday night for an estimated $960 million Powerball jackpot and players across the country are waiting to see if there’s a big winner.
The winning numbers announced were: 19, 30, 37, 44, 46 and red Powerball 22.
Lottery official usually take several hours to determine if any player has won the giant jackpot.
The $960 million jackpot is for a sole winner who opts for payment through an annuity, doled out over 30 years. Winners almost always take the cash option, which for Saturday’s drawing would be an estimated $441.4 million.
Those winnings would be subject to federal taxes, and many states also tax lottery winnings.
The jackpot now ranks as the world’s ninth-largest lottery prize of all time, behind earlier prizes in the Powerball and Mega Millions games that all topped $1 billion.
The jackpot has grown so large because there have been 29 consecutive drawings without a big winner, dating back to July 19. Powerball’s terrible odds 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.
The largest jackpot was a $2.04 billion Powerball prize hit by a player in California in November 2022.
In most states, a Powerball ticket costs $2 and players can select their own numbers or leave the task to a computer.
Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
veryGood! (1)
Related
- DoorDash steps up driver ID checks after traffic safety complaints
- Sophie Turner Wears Matching PJs With “Handsome” Husband Joe Jonas in Birthday Tribute
- New gun analysis determines Alec Baldwin pulled trigger in 'Rust' shooting, prosecutors say
- Kim Kardashian Takes a Style Cue From Sister Kourtney With New Bob Hairstyle
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Tennessee man who killed 8 gets life in prison in surprise plea deal after new evidence surfaces
- Armed, off-duty sheriff's deputy fatally shot by police in Southern California
- Maui's cultural landmarks burned, but all is not lost
- 'We're reborn!' Gazans express joy at returning home to north
- Tuohys call Michael Oher’s filing ‘hurtful’ and part of a shakedown attempt
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Beat the Heat and Maximize Your Fun With Chloe Fineman’s Summer Essentials
- Maui wildfires death toll tops 100 as painstaking search for victims continues
- The art of Banksy's secrets
- Grammy nominee Teddy Swims on love, growth and embracing change
- Sophie Turner Wears Matching PJs With “Handsome” Husband Joe Jonas in Birthday Tribute
- Families of migrants killed in detention center fire to receive $8 million each, government says
- Tuohy attorneys: Michael Oher received $100K in 'The Blind Side' profits
Recommendation
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Florida Woman Allegedly Poured Mountain Dew on Herself to Hide Evidence After Murdering Roommate
New York Times considers legal action against OpenAI as copyright tensions swirl
Brody Jenner and Tia Blanco Share Glimpse Into New Chapter With Baby Girl Honey
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
Russia hits Ukrainian grain depots again as a foreign ship tries out Kyiv’s new Black Sea corridor
New Jersey’s gambling revenue was up by 5.3% in July. The Borgata casino set a new monthly record
16-year-old left Missouri home weeks ago. Her dad is worried she's in danger.