Powerball Jackpot Reaches $441 Million

Powerball Jackpot Reaches $441 Million

Powerball Jackpot

The Powerball jackpot hit an estimated $441 million Monday — the third highest number of the year.

The winning numbers drawn Monday night were 36, 38, 45, 62 and 64 with a Powerball 19. No tickets had been sold with that combination, according to powerball.com.
Jackpot winners may choose to receive their prize as an annuity, paid in 30 graduated payments over 29 years, or a lump-sum payment that is smaller than the full amount. Monday’s full amount would have been about $416 million; its lump-sum prize would have been about $299.5 million. The jackpot, if it’s won Wednesday, could be eligible for a $317.5 million lump-sum cash-out. Both prize options are subject to federal and jurisdictional taxes.
Before Monday’s draw, the most recent jackpot hit was Oct. 4, when a person bought a ticket worth $699.8 million in Morro Bay, Calif. Scores of lottery players have won lower-tier prizes in what had been 35 drawings without a jackpot winner. Six people have lucked out on jackpots this year, underscoring how the Powerball’s ballooning pot comes with slim chances of becoming an instant millionaire. Washington Post
Powerball Jackpot Reaches $441 Million