A Powerball player in Oregon won a jackpot worth more than $1.3 billion on Sunday, ending a winless streak that had stretched more than three months.
A sign for the Powerball jackpot is displayed at a 7-Eleven, Friday, April 5, 2024, in Portland, Ore. DES MOINES, Iowa —
The jackpot has a cash value of $621 million if the winner chooses to take a lump sum rather than an annuity paid over 30 years, with an immediate payout followed by 29 annual installments. The prize is subject to federal taxes, while many states also tax lottery winnings.Until the latest drawing, no one had won Powerball’s top prize since New Year’s Day, amounting to 41 consecutive drawings without a jackpot winner, tying a streak set twice before in 2022 and 2021.
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