$758M Powerball Jackpot: One Winning Ticket Sold


Thursday, August 24th 2017, 5:44 am
By: News On 6


Lottery officials say one winning ticket was sold, in Massachusetts, for the staggering $758.7 million Powerball jackpot.

According to news site Wicked Local, Handy Variety almost sold another huge jackpot winning ticket in March of 2012. That ducat was one number shy of grabbing a $640 million Mega Millions jackpot.

According to the Powerball.net website, 40 millionaires were made after 34 players matched five numbers and six ticket holders matched five numbers in addition to the Power Play. The numbers drawn were 6, 7, 16, 23 and 26, with Powerball 4.

The $758 million prize reflects the annuity option, paid over 29 years.

Massachusetts Lottery officials cited by CBS Boston say it's the largest jackpot won by a single ticket in North American lottery history.

Powerball says winning tickets for $2 million were bought in six states, and winners for $1 million were sold in 19 states.

The jackpot increased late Wednesday from a previous $700 million prize. At that amount, if taken as a lump sum, the jackpot is worth $443 million.

Federal income tax of 39.6 percent would dwindle the winnings down to about $267 million, and state and local taxes would also apply.

The odds of winning were -- one-in-292.2 million.

Powerball is played in 44 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

The jackpot grew so large because nobody had won since June 10.

Powerball.net says to check its website for the latest news, and for an update when the winner comes forward.

According to news site Wicked Local, Handy Variety almost sold another huge jackpot winning ticket in March of 2012. That ducat was one number shy of grabbing a $640 million Mega Millions jackpot.

According to the Powerball.net website, 40 millionaires were made after 34 players matched five numbers and six ticket holders matched five numbers in addition to the Power Play. The numbers drawn were 6, 7, 16, 23 and 26, with Powerball 4.

The $758 million prize reflects the annuity option, paid over 29 years.

Massachusetts Lottery officials cited by CBS Boston say it's the largest jackpot won by a single ticket in North American lottery history.

Powerball says winning tickets for $2 million were bought in six states, and winners for $1 million were sold in 19 states.

The jackpot increased late Wednesday from a previous $700 million prize. At that amount, if taken as a lump sum, the jackpot is worth $443 million.

Federal income tax of 39.6 percent would dwindle the winnings down to about $267 million, and state and local taxes would also apply.

The odds of winning were -- one-in-292.2 million.

Powerball is played in 44 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

The jackpot grew so large because nobody had won since June 10.

Powerball.net says to check its website for the latest news, and for an update when the winner comes forward.

","published":"2017-08-24T10:44:53.000Z","updated":"2017-08-24T10:46:42.000Z","summary":"

Lottery officials say one winning ticket was sold, in Massachusetts, for the staggering $758.7 million Powerball jackpot.

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