Someone in Washington state overcame steep odds to win a $754.6 million Powerball jackpot.
The winning numbers Monday night were 05, 11, 22, 23, 69 and the Powerball 07.
Lottery officials said in a statement early Tuesday that a single ticket matched all six numbers and that ticket sales pushed the jackpot higher than an earlier $747 million
The full jackpot is for a winner opting for an annuity distributed in one immediate but partial payout followed by additional payments over 29 years that increase by 5% annually. The winner also can opt for a one-time cash payment of $407.2 million. Both prizes available are the amounts before taxes, Powerball said.
The jackpot for the next drawing scheduled for Wednesday is $20 million, according to the lottery’s website. Monday night’s win was the first Powerball jackpot win since Nov. 19. That winless streak allowed the prize to grow larger and larger until it stood as the ninth-largest in U.S. history. Higher interest rates have allowed annuity payments to increase compared with earlier jackpots, when rates were lower. Most winners prefer the immediate cash prize. The game’s abysmal odds of 1 in 292.2 million are designed to build big prizes drawing more players. That strategy certainly has worked recently, as someone in Maine won a $1.35 billion Mega Millions prize in January and a California player hit a record $2.04 billion Powerball jackpot last November. No one has claimed either of those prizes. Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
Sunday February 5th
DES MOINES, Iowa – The Powerball jackpot grew to an estimated $747 million after no one beat the odds and won the top prize in Saturday night’s drawing.
The numbers drawn were: 2, 8, 15, 19, 58 and Powerball 10.
The $747 million Powerball jackpot up for grabs Monday night is the ninth largest in U.S. lottery history and the latest in a string of huge lottery prizes. Someone in Maine won a $1.35 billion Mega Millions prize less than three weeks ago and a California player won a record $2.04 billion Powerball jackpot last November.View Site
The jackpots grow so large because the tough odds offer just a miniscule chance of matching all six numbers and winning the top prize. That enables the jackpots like Saturday night’s $700 million top prize to roll over and increase for months.
The $747 million estimate is for a winner who is paid through an annuity over 29 years. Winners usually opt for cash, which for Monday night’s drawing would be $403.1 million.
Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
$700 million POWERBALL JACKPOT FOR SATURDAY!
6th Largest in Game’s History; Check Tickets – There are 9 Total Ways to Win—Just Ask Lucky $100,000 Camden Winner
NASHVILLE – A $700 million Powerball jackpot for Saturday night is huge news around the state and beyond, but so is the buzz that surrounds winners of some of the game’s other prize levels. The Tennessee Lottery reminds players to check their tickets, even if the jackpot isn’t won, as there are thousands of winners after every drawing that fall into other prize tiers.
Such was the case for Mary of Benton County, who won $100,000 on Jan. 30 by matching four of five balls plus the Powerball. She was especially happy she had added the Power Play option to her ticket
for an extra dollar. That’s because the base prize of $50,000 was doubled since the multiplier drawn that night was two.
“I had to ask my husband if I had really won,” she said. “And he looked at the Lottery’s website and told me: ‘There was one $100,000 winner in Camden … and it was you!’”
Mary purchased the lucky ticket at Camden Fast Fuel, 151 Hwy. 641 N. in Camden.
The Powerball jackpot for Feb. 4 is $700 million, with a cash value estimated at $375.7 million. The Lottery reminds players to have fun, but to play responsibly. It only takes one ticket to win.
About the Tennessee Education Lottery Corporation
The Tennessee Education Lottery Corporation operates entirely from the revenue it generates through the sale of its products. Since January 20, 2004, the Lottery has raised more than $6.7 billion to fund designated education programs, including college grants, scholarships, Drive to 55 initiatives and after-school programs. In addition to the educational beneficiaries, players have won more than $18.5 billion in prizes and Lottery retailers have earned more than $1.7 billion in commissions.
For additional information, visit tnlottery.com and follow the TEL on Facebook, Twitter & Instagram.