All articles tagged with #lottery winnings
A $1 million Powerball prize was won in Cincinnati from a ticket purchased in Ohio, while the $1.817 billion jackpot was won in Arkansas; the Ohio winner will receive approximately $728,750 after taxes.
Eight Powerball tickets worth $50,000 were sold in Massachusetts for the December 24 drawing, with winning numbers 4, 25, 31, 52, 59, and a Powerball of 19. The jackpot for the December 24 draw was over $1.8 billion, the second-largest in U.S. history, with one winner in Arkansas. Massachusetts players have up to a year to claim their prizes, and the next big jackpot is $9.35 million for the Megabucks game.
A $13.9 million winning New York Lotto ticket was sold on Long Island, along with two $1 million Powerball tickets sold in New York, highlighting recent large lottery wins in the state.
A ticket sold in Arkansas won the $1.817 billion Powerball jackpot, the second-largest U.S. lottery jackpot ever, with the winner choosing between an annuity or a lump sum of $834.9 million. The drawing set a record with 47 jackpot cycles, and the next jackpot resets to $20 million.
Tim Schultz, who won $28 million in the Powerball in 1999, credits consulting with financial advisors and investing in stocks and bonds for maintaining his wealth and avoiding bankruptcy, despite the risks associated with sudden wealth.
A Southern Californian ticket sold in Oxnard matched five numbers to win over $2.3 million in the Powerball lottery, while the jackpot for the next draw is estimated at $1.6 billion, the game’s fourth-largest prize ever, with the potential to significantly benefit California public schools.
The Powerball jackpot has increased to $740 million after no winner was found in Saturday's draw. A winner could choose between receiving the full amount over 30 years or a lump sum of $346.1 million, but taxes significantly reduce the take-home amount, with federal taxes potentially lowering the lump sum to around $218 million and state taxes varying by location.
The Mega Millions jackpot has risen to $900 million, making it the eighth-largest in the game's history and nearing the $1 billion mark, with the next drawing scheduled for November 11. The jackpot has reached this level only three times since the record $1.602 billion was won in August 2023, and the game continues to attract large ticket sales across multiple states.
The Mega Millions jackpot has increased to $843 million after no winner was found in the latest draw, but the actual take-home amount after taxes varies: a lump sum would be about $247 million after federal taxes, while the installment option would reduce annual payments to around $17.7 million due to taxes. The odds of winning remain extremely low at 1 in 290.4 million, and the next drawing is scheduled for Friday night.
The largest Mega Millions jackpot of 2025, worth $800 million with a cash option of $371.7 million, is up for grabs in the Tuesday drawing, marking the ninth largest jackpot ever and the biggest of the year, with tickets available in Michigan and other states.
The Mega Millions jackpot has increased to $650 million after no winner was declared in the last draw, with the next drawing scheduled for Tuesday. Winners can choose between an annuity of 30 payments or a lump sum of approximately $191.6 million after taxes, with federal and state taxes significantly reducing the take-home amount. The odds of winning are 1 in 290,472,336, and the jackpot has been growing for over three months.
John Wyllie, an Oregon man who won $5,000 a week for life from PCH in 2012, is at risk of losing his home after the company filed for bankruptcy and stopped paying out winnings, highlighting the risks of relying on lottery or sweepstakes winnings without proper financial planning.
A Powerball ticket purchased in Colorado Springs won $1,000,004 in Saturday's drawing, with additional winners across Colorado, while the $1.8 billion jackpot was won in Missouri and Texas.
A Powerball ticket sold in Columbia, South Carolina, won $100,000, with three other tickets in the state winning $50,000 each; the jackpot was split between Texas and Missouri.
Many lottery players do not check their tickets after a jackpot is won or missed, leading to billions in unclaimed winnings annually, including smaller prizes that often go unnoticed or unclaimed, emphasizing the importance of always checking your lottery tickets.