A Single Player In Washington State Wins The $747 Million Powerball Jackpot
On the evening of February 6, someone in Washington State beat the odds and won the estimated $747 million Powerball prize.
05, 11, 22, 23, 69, and the Powerball number 7 were the winning numbers.
One ticket matched all six numbers, according to a statement from lottery authorities released early on Tuesday, and it was worth $754.6 million.
The full jackpot is available to winners who choose an annuity, which is a series of 29 subsequent payments that increase by 5% annually after a first partial payoff. The winner also has the option of accepting a $407.2 million lump sum settlement.
According to Powerball, the values for both prizes are pre-tax.
Someone in Maine Won the $1.35 Billion Mega Millions Jackpot
According to the webpage for the lottery game, the jackpot for the Thursday drawing has decreased to $20 million.
The Powerball jackpot was won for the first time since November 19, 2022, on Monday night. The prize was able to increase in size thanks to that losing streak, eventually ranking as the ninth-largest in American history.
In comparison to former jackpots, when interest rates were lower, higher interest rates have made it possible for annuity payouts to climb. The majority of winners prefer the cash award.
The chances of the game, which are 1 in 292.2 million, are created to construct large jackpots that attract more players. That approach has undoubtedly been successful recently, as seen by the $1.35 billion Mega Millions prize won in January by a player in Maine and the $2.04 billion Powerball jackpot won in November by a player in California. Both of the rewards remain unclaimed.
Along with Washington, D.C., Puerto Rico, and the U.S. Virgin Islands, Powerball is played in 45 states.