We now know who won the Powerball!
How to proceed if you win the $754.6 million jackpot.
What should the $754.6 million Powerball jackpot’s lone winner do today? The most crucial thing, though, is to keep your information to yourself. After months with no winners, the Powerball lottery prize grew to $754.6 million this year.
That is, until Monday night, when a single ticket purchased in the state of Washington was the first of the year to match all six numbers and win the fifth-largest Powerball jackpot in history as well as the ninth-largest lottery reward overall.
According to Powerball, the values for both prizes are pre-tax.
According to the lottery’s website, the expected prize for the upcoming drawing, which is set for Wednesday, is $20 million.
The Powerball jackpot was won for the first time since November 19 on Monday night.
Due to that losing trend, the prize grew steadily until it was the ninth-largest in American history.
In comparison to former jackpots, when interest rates were lower, higher interest rates have made it possible for annuity payouts to climb.
The full jackpot is available to winners who choose an annuity, which is a series of 29 subsequent payments that increase by 5% annually after a first partial payoff.
The winner can also decide
The game’s pitifully low chances of 1 in 292.2 million are intended to create large jackpots that entice additional players.
That approach has undoubtedly been effective lately:
In January, a player from Maine won a $1.35 billion Mega Millions reward, while in November of last year, a player from California won a record-breaking $2.04 billion Powerball jackpot.
Both of the rewards remain unclaimed.
The game’s ridiculously low chances of 1 in 292.2 million are intended to create large jackpots that attract more participants.
That approach has undoubtedly been effective lately, as seen by a $1.35 billion prize won in Maine.