The Powerball lottery is one of the most popular and exciting lottery games in the United States. With its huge jackpots and the potential to change your life forever, it’s no wonder why so many people eagerly await each drawing whether you’re a seasoned player or a newcomer to the game.
The Lucky Ticket Holder
It’s officially announced that a single Powerball ticket in Washington state has won a jackpot worth $754.6 million after matching all six numbers in Monday’s drawing. The identity of the winner is still unknown.
The winning ticket matched the numbers 5, 11, 22, 23, 69 and the red Powerball 7, with a Power Play multiplier of 2X. This marks the end of a Powerball jackpot run that had been ongoing since November and is the 34th drawing of the jackpot. It is the fifth-largest Powerball jackpot and the ninth-largest U.S. lottery jackpot ever won.
The ticket holder can choose between an annuitized prize of $754.6 million or a lump sum payment of $407.2 million, before taxes. If the winner opts for the annuity, they will receive one immediate payment and 29 annual payments that increase by 5% each year.
Other Big Winners
In Monday’s drawing, the owners of two tickets in Michigan and three in New York won $1 million prizes by matching all five white balls. A ticket in Texas also matched all five white balls and doubled the prize to $2 million with the Power Play option. There were also 58 tickets nationwide that won $50,000 prizes and 16 tickets that won $100,000 prizes.
Previous Powerball Jackpots
Monday’s drawing was the first time the Powerball jackpot was won this year, with the last one being won on November 19 2022 by a ticket in Kansas worth $92.9 million. Other Powerball jackpots won in 2022 include a $632.6 million jackpot on January 5, split between winners in California and Wisconsin. The next Powerball drawing is set for Wednesday night.
Frequently Asked Questions
1. What is Powerball Jackpot?
A multi-state lottery game where players select 5 white numbers and 1 red ball to win the jackpot prize.
2. Odds of winning the Powerball Jackpot?
1 in 292 million.
3. Can I choose to receive the Powerball Jackpot as a lump sum or annuity?
Yes, if you win the Powerball Jackpot, you have the option to choose between a lump sum payment or an annuity payment.