The Powerball jackpot rolled over but once more on Saturday evening and now stands at an estimated $1 billion, with its subsequent drawing Monday, April 1.
In the meantime, a ticket purchased in New Jersey was the only winner of a $1.13 billion Mega Hundreds of thousands jackpot on March 26. It’s the eighth-largest jackpot of all time.
-
Powerball: $1 billion estimated jackpot, subsequent drawing Monday, April 1.
-
Mega Hundreds of thousands: $36 million estimated jackpot, subsequent drawing Tuesday, April 2.
How do I play the lottery?
Powerball and Mega Hundreds of thousands tickets are bought for $2 apiece in 45 U.S. states, in addition to Washington, D.C., and the U.S. Virgin Islands.
-
To play Mega Hundreds of thousands, choose 5 numbers between 1 and 70, and a sixth quantity between 1 and 25. When you don’t need to choose the numbers your self, you will get a set of numbers generated for you.
-
To play Powerball, choose 5 numbers between 1 and 69 and a Powerball quantity from 1 to 26 (or have them randomly generated).
When you plan to participate in an workplace lottery pool, contemplate taking these precautions.
How a lot is the Mega Hundreds of thousands jackpot?
The present jackpot is estimated at $36 million.
Winners can decide to take their winnings within the type of an annuity or as a single lump sum, often known as the money choice. The money choice for the present jackpot is estimated at $17.1 million.
File your taxes with confidence
Register for a free FinanceGrabber account or check in to realize entry to an unique one-hour, beforehand recorded webinar about tax submitting and tax planning methods. Watch on demand!
By taking the annuity choice, the winner would get the complete jackpot marketed by Mega Hundreds of thousands, however it might be unfold out in funds over 30 years.
Regardless of how fortunate you might be, you gained’t get round paying taxes on a lottery jackpot. After necessary federal revenue tax withholding, you’d have about $10.8 million in the event you took the money choice. How far more you’d pay come tax time can depend upon the place to procure the ticket — and the place you reside, if that is one other state. To organize, be sure to know the ins and outs of how the lottery works.
When is the subsequent Mega Hundreds of thousands drawing?
-
The profitable numbers will likely be drawn Tuesday, April 2 at 11 p.m. Jap Time.
-
If there’s nonetheless no jackpot winner, the grand prize will proceed to develop.
-
The percentages of profitable the jackpot are roughly 1 in 303 million.
How a lot is the subsequent Powerball jackpot?
The present jackpot is estimated at $1 billion.
Like Mega Hundreds of thousands, winners of Powerball can select between an annuity that pays out over 30 years or a single lump sum. The money choice for the present jackpot is $483.8 million. After necessary federal taxes, the holder of a single profitable ticket would hold about $304.8 million, minus any state taxes.
When is the subsequent Powerball drawing?
-
The profitable numbers will likely be drawn Monday, April 1 at 11 p.m. Jap Time.
-
If there’s nonetheless no jackpot winner, the grand prize will proceed to develop.
-
The percentages of profitable the jackpot are roughly 1 in 292 million.
The jackpot isn’t the one technique to win. Each video games have prizes for ticket holders whose chosen numbers match the drawing in a wide range of combos.
10 largest lottery jackpots
-
$2.04 billion (Powerball, Nov. 8, 2022 — one profitable ticket).
-
$1.765 billion (Powerball, Oct. 11, 2023 — one profitable ticket).
-
$1.586 billion (Powerball, Jan. 13, 2016 — three profitable tickets).
-
$1.58 billion (Mega Hundreds of thousands, Aug. 8, 2023 — one profitable ticket).
-
$1.537 billion (Mega Hundreds of thousands, Oct. 23, 2018 — one profitable ticket).
-
$1.348 billion (Mega Hundreds of thousands, Jan. 13, 2023 — one profitable ticket).
-
$1.337 billion (Mega Hundreds of thousands, July 29, 2022 — one profitable ticket).
-
$1.13 billion (Mega Hundreds of thousands, March 26, 2024 — one profitable ticket).
-
$1.08 billion (Powerball, July 19, 2023 — one profitable ticket).
-
$1.05 billion (Mega Hundreds of thousands, Jan. 22, 2021 — one profitable ticket).