Powerball jackpot hits $800M, largest US lottery prize ever

[Hamartia Antidote]

Powerball jackpot hits $800M, largest US lottery prize ever

Powerball jackpot hits $800M, largest US lottery prize ever

The record-breaking Powerball jackpot just got higher. The prize for Saturday night's drawing has jumped to $800 million.

The jackpot had gone from $450 million at the beginning of the week to $700 million on Thursday.

If a ticket contains all the numbers drawn Saturday night, the holder could select a cash option of $496 million, before taxes are deducted, or the full $800 million in an annuity that would pay out the money over 30 years.

Ticket holders have a 1 in 292.2 million chance of winning. These are the same odds as getting heads 28 times in a row when flipping a quarter, according to Jeffrey Miecznikowski, associate professor of biostatistics at the University at Buffalo.

Powerball jackpot hits $700M, largest US prize ever
No one has matched all five white balls and one red Powerball to win the jackpot since early November. This is why the prize has grown incredibly large. In turn, the bigger prize encourages more people to buy tickets, thereby driving up the jackpot even more.

Source: Graphiq

Increased ticket sales also make it more likely there will be a winner, simply because extra tickets mean more number combinations are covered.

Thinking of purchasing tickets for every combination? That would cost $584 million, amounting to a loss after taxes are collected.

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If nobody hits tonight...expect complete insanity to happen with the new jackpot level.

 

[Hamartia Antidote]

Powerball Rises to $900 Million - ABC News

good luck gentlemen!!!

@AMDR @Solomon2 @Nihonjin1051 @gambit @Oldman1 @KAL-EL et al!

If nobody hits tonight it's going to pass "Force Awakens" in record time.

 

[SQ8]

Looks like I need to make some quick purchasing over the internet.

 

[rubyjackass]

Looks like I need to make some quick purchasing over the internet.

If it stays until next week, some hedge fund will buy up all combination tickets.

 

[JonAsad]

are non amrikan eligible?-

 

[Dungeness]

It is now 1.3 Billion!

 

[KingWest]

are non amrikan eligible?-

FAQ: I am not a US resident, but I would love to win one of those huge lottery jackpots. Can I buy US lottery tickets if I'm from a foreign country?Will I be able to claim the prize money if I win?

Answer: Yes, you can buy US lottery tickets and win both the Powerball and the Mega Millions lottery whether you are a US resident or not. While there is an age restriction (you have to be at least 18 to play), you can buy tickets in any state which offers the lottery.

And of course, if non-US residents are eligible to buy the tickets, they are also eligible to claim the prize money should they win. The rules covering taxes and withholding might be different in your country. If you do win, be sure to consult with a tax professional for more information.

If you are trying to enter a different type of lottery than the Powerball or MegaMillions games, check the rules before you enter for eligibility information.
Can Non-US Residents Play to Win the Lottery?

 

[Oldman1]

It is now 1.3 Billion!

Wouldn't surprise me if it jumps to 1.5 billion.

 

[Hamartia Antidote]

Powerball Jackpot Analysis | USA Mega

$1.3B
If you pick the cash option and live in a state with no additional income tax you are looking at getting a check handed to you for $600M which is after 25% taxes (which BTW would not be your real tax%) have been taken out.

Looks like I need to make some quick purchasing over the internet.

You have plenty of time now!

If it stays until next week, some hedge fund will buy up all combination tickets.

I hope they pre-planned it. You can't call in numbers over the phone. You have to use the paper fill-in tickets or do a random ticket.

 

[rubyjackass]

I hope they pre-planned it. You can't call in numbers over the phone. You have to use the paper fill-in tickets or do a random ticket.

Ohh then you have a chance. Hurry up!!

 

[21stCentury]

Over 1 billion now

 

[KAL-EL]

I think I would go into complete utter shock if I won. Of Course, I know the odds are I would be hit by a meteor before winning. None the less, I bought a couple of tickets just to be sure

 

[don boss@34]

Yes

 

[manojb]

I think I would go into complete utter shock if I won. Of Course, I know the odds are I would be hit by a meteor before winning. None the less, I bought a couple of tickets just to be sure

Don't Worry, I think i have the winning ticket. Wish me luck!

 

[21stCentury]

I think I would go into complete utter shock if I won. Of Course, I know the odds are I would be hit by a meteor before winning. None the less, I bought a couple of tickets just to be sure

Eventually one, however in this case, there will definitely be multiple winners, will match all 5 numbers + the powerball and they are thinking exactly as you "I will never win, chance of me getting struck by lightning is greater!"