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700 million lotto jackpot

Winning numbers drawn for $700-million Powerball lottery jackpot

REUTERS – Winning numbers were drawn on Wednesday night for a U.S. Powerball jackpot of an estimated $700 million, one of the largest in the lottery’s history.

The numbers drawn were 6, 7, 16, 23, 26. The Powerball is 4. The winner will get annual payments over 29 years, totaling at least $700 million, or $443.3 million in a lump sum payment, before taxes.

The odds against wining are astronomical, but millions of Americans will be hoping for some life-altering luck on Wednesday night when winning numbers are drawn for the second-highest jackpot in the history of the Powerball lottery.

A winning ticket could bring the holder an estimated $700 million windfall, a prize topped only by a January 2016 $1.56 billion Powerball jackpot, the world’s largest lottery reward ever.

This past weekend, there were no winning tickets for a prize that was then $535 million, even though 113.6 million Powerball chances were sold.

Anna Domoto, spokeswoman for the Multi-State Lottery Association, said that even more tickets are expected to be sold in the four-day period leading up to Wednesday night’s drawing.

The odds of a ticket having all six winning numbers do not change no matter how big the jackpot is. They are 292.2 million-to-1, according to the Multi-State Lottery Association.

Powerball tickets are sold in 44 U.S. states, and Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

No one has won the Powerball’s top prize in the twice-a-week drawings since June 10, when a California man won a jackpot valued at $447.8 million.

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REUTERS – Winning numbers were drawn on Wednesday night for a U.S. Powerball jackpot of an estimated $700 million, one of the largest in the lottery's history.

Powerball jackpot hits $730M as Mega Millions grows to $850M

News4Jax reporter Erik Avanier contributed to this story.

If somehow you manage to take home the grand prize in both Mega Millions and Powerball, that’s a nearly $1.6 billion jackpot.

If you choose to take the cash option — you’re looking at a cool $1.1 billion or so.

The Tuesday night Mega Millions drawing is the second-largest prize in the game’s history. It would be the third largest in American lotto history.

For the fourth time in its 28-year history, the Powerball has crossed the $700 million mark. It would be the sixth largest jackpot in American lotto history.

Both mark 35 weeks without a jackpot winner in either game. The last time anyone won either game’s top prize was September.

We asked some Jacksonville residents what they would do if they won big.

“Personally, I would put it away,” said Taylor Cramer. “I’m still young too. It would be great for a future retirement plan.”

”Probably buy myself a house and move out of Florida,” said Korbin Drak.

“Use it to take care of my friends and family and send my stepchildren to college,” said Michael Ellington.

The world record Powerball jackpot is the $1.586 billion drawing on Jan. 13, 2016, and the current Mega Millions record of $1.537 billion was drawn on Oct. 23, 2018.

The jackpots listed by the lotteries are for winners who opt to be paid through an annuity over 30 years. Nearly all winners take the cash option.

Copyright 2021 by WJXT & The Associated Press – All rights reserved.

If somehow you manage to take home the grand prize in both Mega Millions and Powerball, that’s a nearly $1.6 billion jackpot. ]]>