Complete game information and prize claiming instructions are available at Maine Lottery retailers and the office of the Maine State Lottery. A winning ticket must be validated on the Maine State Lottery's system for final winner verification. In case of a discrepancy between these lists and the official winning numbers, the official results shall prevail. After reports that the Powerball lottery would be rolled over for another day, it has emerged that there is one lucky winner, who will scoop a 2,040,100,000 payout - obviously that prize will be. We cannot guarantee the accuracy of this information.
#Powerball payout how to
How to Increase Your Winnings - Add Power Playįor an extra $1 per play, you can add the Power Play option and the second prize is always $2,000,000! Along with the 2, 3, 4, and 5X multipliers, a new 10X multiplier option will be offered when the jackpot is $150,000,000 or less.
3, the last time there was a winner, to about 48% of the most recent jackpot.Power Play x 2 Next estimated jackpot is $725,000,000 Powerball with Power Play Huge Jackpots, $1,000,000 second prize, great fun! They fell, for instance, from about 59% of the jackpot on Aug.
When is the next Powerball drawing?: Jackpot size, date, time of drawing explainedīut if you are feeling lucky, know that as the interest rates go up, the lump-sum payout amounts go down. Top 10 lottery jackpots for Powerball, Mega Millions: Who won and where winning tickets were sold "But what you are seeing now is kind of a product of the overall climate, where interest rates have gone up a bit more recently than in the past few years and that's, perhaps, why it is more noticeable now." "The cash option amount has always fluctuated," Jake Harris, the lottery's player relations manager, said. If the winner wants all the money at once, there's another payout formula based on a variety of factors, some of which are affected by interest rates. The $1 billion payout is based on the winner taking annual payouts from safe investments essentially made for the winner that increase each year for 30 years. The change, Michigan lottery officials said Tuesday, is mostly a result of rising interest rates, which the Fed is using to try to lower inflation. Keep in mind the odds of winning are 1 in 292 million. But, less than two months ago, the payout would have been tens of millions of dollars higher. And the jackpot lump-sum payout option, which lottery officials say is what most people select, is now $497 million.
The Powerball jackpot is up to $1 billion for Monday’s drawing, the largest this year and the fifth-second ever. Well, there's now another way it'll cost you: losing some of the big lottery payout. Watch Video: Odds of winning the Powerball and Mega Millions are NOT in your favorĭETROIT - Inflation, which is at a 40-year-high, has increased the price eggs, electricity and rent.
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