Where was the $1000000 Powerball ticket sold?
Morro Bay
The winning ticket was sold at the Albertsons supermarket at 730 Quintana in Morro Bay, California, according to the state’s lottery website. The retailer will receive $1 million for selling the ticket. The winning numbers drawn on Monday, Oct. 4, 2021 were: 12 – 22 – 54 – 66 – 69 and Powerball 15.
What is the largest Powerball winner?
$1.59 billion, Jan. Three winners claimed the Powerball prize that would be the biggest jackpot in history — $1.586 billion split three ways.
How much do you actually get if you win the Powerball?
It works out something like this if you take the lump sum for the $930 million jackpot: $930 million, less 25% withheld = $232,500,000. Less an additional $111,600,000 (to meet 37% tax rate) Total prize after federal income tax = $585,900,000.
Where was the last Powerball winning ticket sold?
According to the California Lottery, the winning ticket was sold at a grocery store in Morro Bay, along the central coast. The winner will be able to choose between the annuity option paid over 29 years or the cash option of $496m. Both prize options are subject to taxes.
Where was the Powerball winner sold?
According to the California Lottery, the winning ticket was sold at a grocery store in Morro Bay, located along the state’s central coast. The winner will be able to choose between the annuity option paid over 29 years or the cash option of $496 million.
Do most lottery winners go broke?
In fact some lottery winners have experienced bankruptcy, divorce, prison time and have even been murdered. Experts say if you win and don’t contact a reputable tax professional and a reputable investment adviser, you could land yourself in big financial trouble.
Has anyone won the Mega Million?
A lucky ticket holder in New York won the big Mega Millions® jackpot Tuesday night! A single ticket sold in that state matched all six numbers drawn September 21 – the white balls 36, 41, 45, 51 and 56, plus the gold Mega Ball 13 – to win the $431 million prize ($314.4 million cash).
How much do you take home if you win a million dollars?
Let’s say you win a $1 million jackpot. If you take the lump sum today, your total federal income taxes are estimated at $370,000 figuring a tax bracket of 37%….Minimizing Lottery Jackpot Taxes.
| Total Winnings | $1,000,000 | $1,000,000 |
|---|---|---|
| Winnings Received Over 20 Years | $630,000 | $780,000 |
How much does it cost to play Powerball?
Powerball® costs $2 per play. Select five numbers from 1 to 69 for the white balls; then select one number from 1 to 26 for the red Powerball. Choose your numbers on a play slip or let the lottery terminal randomly pick your numbers. The Powerball jackpot grows until it is won. Players win a prize by matching one of the 9 Ways to Win.
How many numbers do you need to win the Powerball?
Select five numbers from 1 to 69 for the white balls; then select one number from 1 to 26 for the red Powerball. Choose your numbers on a play slip or let the lottery terminal randomly pick your numbers.
What are the odds of winning $1 billion in Powerball?
You still have a 1 in 24.9 chance of winning a prize when the advertised jackpot is $1 billion. Even if there are more tickets sold in a particular drawing, your odds of winning a prize are the same.
What is the biggest Powerball jackpot ever won?
A $1.586 billion Powerball jackpot was won, setting the world record for the largest lottery jackpot. Mississippi joined. The starting jackpot was set at $20 million due to the COVID-19 pandemic.