There are two payout choices for the winner: a one-time lump sum “cash option” or 30 annuitized payments with a 5% yearly increase.
There are two payout choices for the winner: a one-time lump sum “cash option” or 30 annuitized payments with a 5% yearly increase.
The next Powerball drawing is Wednesday at 11 p.m. ET
The next Powerball drawing is Wednesday at 11 p.m. ET
Among the winner’s big decisions will be the choice between a lump sum payout worth $551.7 million or an annuitized prize of $1.2 billion. Both options are pretax estimates.
Among the winner’s big decisions will be the choice between a lump sum payout worth $551.7 million or an annuitized prize of $1.2 billion. Both options are pretax estimates.
The next Powerball drawing is Wednesday at 11 p.m. ET, and the odds of winning the jackpot are 1 in 292.2 million
The next Powerball drawing is Wednesday at 11 p.m. ET, and the odds of winning the jackpot are 1 in 292.2 million
This is the first time the game has seen back-to-back billion-dollar jackpots.
This is the first time the game has seen back-to-back billion-dollar jackpots.