Winner winner chicken dinner! You just won the lottery, but do you know what to do next? Here’s what to know before you cash out.
Someone could end the year a millionaire. The massive Powerball jackpot got even bigger for the last lottery drawing of 2023.
No ticket matched all six numbers in Wednesday's drawing. Those numbers were 4, 11, 38, 51, 68, and a red Powerball of 5. The Power Play was 3x.
The jackpot is now $760 million for Saturday's drawing, the sixth largest Powerball prize ever. But that's only for winners who choose to take their riches through an annuity, paid over 29 years. Nearly all winners opt for cash, which is currently estimated at $382.5 million, before taxes.
This is the fourth Powerball jackpot to exceed half a billion dollars this calendar year. The Powerball jackpot was previously won on Oct. 11 when a ticket in California won a $1.765 billion grand prize. That winner has yet to come forward.
Since then, there have been 33 consecutive drawings without a jackpot winner. The winless streak is due to the abysmal odds of winning: one in 292.2 million.
The largest lottery jackpot in U.S. history stands at $2.04 billion and was won by a single Powerball ticket in California on Nov. 7, 2022. The winner, Edwin Castro, came forward earlier this year after months of speculation.
U.S. & World
Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands. Drawings are held every Monday, Wednesday and Saturday at 10:59 p.m. EST from the Florida Lottery draw studio in Tallahassee.
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