The Powerball jackpot rolled over but once more on Wednesday night time and now stands at an estimated $1.23 billion, with its subsequent drawing Saturday, April 6.
In the meantime, a ticket purchased in New Jersey was the only winner of a $1.13 billion Mega Hundreds of thousands jackpot on March 26. It was the eighth-largest jackpot of all time.
Powerball: $1.23 billion estimated jackpot, subsequent drawing Saturday, April 6.
Mega Hundreds of thousands: $67 million estimated jackpot, subsequent drawing Friday, April 5.
How do I play the lottery?
Powerball and Mega Hundreds of thousands tickets are offered for $2 apiece in 45 U.S. states, in addition to Washington, D.C., and the U.S. Virgin Islands.
To play Mega Hundreds of thousands, decide 5 numbers between 1 and 70, and a sixth quantity between 1 and 25. Should you don’t need to decide the numbers your self, you may get a set of numbers generated for you.
To play Powerball, decide 5 numbers between 1 and 69 and a Powerball quantity from 1 to 26 (or have them randomly generated).
Should you plan to participate in an workplace lottery pool, contemplate taking these precautions.
How a lot is the Mega Hundreds of thousands jackpot?
The present jackpot is estimated at $67 million.
File your taxes with confidence
Register for a free NerdWallet account or check in to achieve entry to an unique one-hour, beforehand recorded webinar about tax submitting and tax planning methods. Watch on demand!
Winners can decide to take their winnings within the type of an annuity or as a single lump sum, often called the money choice. The money choice for the present jackpot is estimated at $31 million.
By taking the annuity choice, the winner would get the total jackpot marketed by Mega Hundreds of thousands, however it will be unfold out in funds over 30 years.
Irrespective of how fortunate you might be, you gained’t get round paying taxes on a lottery jackpot. After obligatory federal earnings tax withholding, you’d have about $19.5 million for those who took the money choice. How far more you’d pay come tax time can depend upon the place you purchased the ticket — and the place you reside, if that is one other state. To arrange, be sure to know the ins and outs of how the lottery works.
When is the subsequent Mega Hundreds of thousands drawing?
The profitable numbers will probably be drawn Friday, April 5 at 11 p.m. Japanese Time.
If there’s nonetheless no jackpot winner, the grand prize will proceed to develop.
The chances of profitable the jackpot are roughly 1 in 303 million.
How a lot is the subsequent Powerball jackpot?
The present jackpot is estimated at $1.23 billion.
Like Mega Hundreds of thousands, winners of Powerball can select between an annuity that pays out over 30 years or a single lump sum. The money choice for the present jackpot is $595.1 million. After obligatory federal taxes, the holder of a single profitable ticket would preserve about $374.9 million, minus any state taxes.
When is the subsequent Powerball drawing?
The profitable numbers will probably be drawn Saturday, April 6 at 11 p.m. Japanese Time.
If there’s nonetheless no jackpot winner, the grand prize will proceed to develop.
The chances of profitable the jackpot are roughly 1 in 292 million.
The jackpot isn’t the one option to win. Each video games have prizes for ticket holders whose chosen numbers match the drawing in a wide range of mixtures.
10 largest lottery jackpots
$2.04 billion (Powerball, Nov. 8, 2022 — one profitable ticket).
$1.765 billion (Powerball, Oct. 11, 2023 — one profitable ticket).
$1.586 billion (Powerball, Jan. 13, 2016 — three profitable tickets).
$1.58 billion (Mega Hundreds of thousands, Aug. 8, 2023 — one profitable ticket).
$1.537 billion (Mega Hundreds of thousands, Oct. 23, 2018 — one profitable ticket).
$1.348 billion (Mega Hundreds of thousands, Jan. 13, 2023 — one profitable ticket).
$1.337 billion (Mega Hundreds of thousands, July 29, 2022 — one profitable ticket).
$1.23 billion (Powerball, pending)
$1.13 billion (Mega Hundreds of thousands, March 26, 2024 — one profitable ticket).
$1.08 billion (Powerball, July 19, 2023 — one profitable ticket)
(Photograph by Joe Raedle/Getty Photographs)
