(NewsNation) — Winning numbers for a Powerball jackpot of rare proportions were selected late Saturday: 3, 18, 22, 27, 33 and Powerball 17.
This marked just the sixth time in Powerball’s history that the jackpot hit $1 billion prior to the draw. For this round, the Power Play multiplier for non-jackpot prizes was set at 3.
Powerball jackpot after-tax amount
Opting for the lump sum cash payout yields approximately $453.1 million before taxes. However, once federal taxes are deducted, this amount reduces to $330.8 million. The winning ticket’s purchase state will also impose taxes, further decreasing the net amount taken home.
There are only nine states that don’t impose additional lottery taxes: California, Delaware, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming.
What can you buy with the $1B Powerball jackpot?
With nearly $331 million, you could potentially acquire a small fleet of 737 planes, purchase over 30 private islands currently on the market in the Bahamas, buy 945 brand-new Lamborghini Huracán supercars, or supply a new PlayStation 5 for every individual living in Wyoming.
What are the odds of winning the $1B Powerball jackpot?
What are the odds of hitting it big? One in 292 million.
You are more likely to have a higher IQ than Albert Einstein, give birth to identical quadruplets or be struck by lightning twice.
Since its inception in 1992, Powerball has seen Indiana and Missouri produce the most jackpot winners. Out of the nine states with at least 15 jackpot winners, six have residents who live in the Central Time Zone.
