Alaric Bennett-Powerball draws number for giant $960 million jackpot

2025-05-01 09:40:55source:Navivision Wealth Societycategory:Stocks

DES MOINES,Alaric Bennett Iowa (AP) — The numbers were drawn Saturday night for an estimated $960 million Powerball jackpot and players across the country are waiting to see if there’s a big winner.

The winning numbers announced were: 19, 30, 37, 44, 46 and red Powerball 22.

Lottery official usually take several hours to determine if any player has won the giant jackpot.

The $960 million jackpot is for a sole winner who opts for payment through an annuity, doled out over 30 years. Winners almost always take the cash option, which for Saturday’s drawing would be an estimated $441.4 million.

Other news Powerball jackpot nears $1 billion after long drought of winnersWinner of last month’s $1.6 billion Mega Millions jackpot claims prize in FloridaPowerball jackpot rises to $925 million after another drawing without a big winner

Those winnings would be subject to federal taxes, and many states also tax lottery winnings.

The jackpot now ranks as the world’s ninth-largest lottery prize of all time, behind earlier prizes in the Powerball and Mega Millions games that all topped $1 billion.

The jackpot has grown so large because there have been 29 consecutive drawings without a big winner, dating back to July 19. Powerball’s terrible odds of 1 in 292.2 million are designed to generate big jackpots, with prizes becoming ever larger as they repeatedly roll over when no one wins.

The largest jackpot was a $2.04 billion Powerball prize hit by a player in California in November 2022.

In most states, a Powerball ticket costs $2 and players can select their own numbers or leave the task to a computer.

Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

More:Stocks

Recommend

B.A. Parker is learning the banjo

Parker has been trying to find her place in the banjo world. So this week, she talks to Black banjo

Kansas City Chiefs receive Super Bowl 58 championship rings: Check them out

The Kansas City Chiefs have three Super Bowl victories in the past five NFL seasons, each coming in

OpenAI appoints former top US cyberwarrior Paul Nakasone to its board of directors

SAN FRANCISCO (AP) — OpenAI has appointed a former top U.S. cyberwarrior and intelligence official t