Powerball Jackpot Reaches $1.326 Billion Without a Winner

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No one had won Powerball's top prize since New Year's Day, amounting to 40 consecutive drawings without a jackpot winner. The $1.326 billion grand prize has an equivalent lump sum value of $621 million. In addition to the jackpot winner, there were seven tickets that matched all five white balls to win $1 million prizes. This is the second billion-dollar lottery jackpot this year.

No one had won Powerball 's top prize since New Year's Day, amounting to 40 consecutive drawings without a jackpot winner. It's not yet known where exactly in Oregon the jackpot-winning ticket was sold. The $1.326 billion grand prize has an equivalent lump sum value of $621 million. The full jackpot is for a sole winner who, paid over 30 years. Winners typically opt for the lump-sum cash option instead. The prizes would be subject to federal taxes, and many states also tax lottery winnings.

In addition to the jackpot winner, there were seven tickets that matched all five white balls to win $1 million prizes. Oddly enough, this is the first time that a Powerball jackpot above $1 billion hasn't been won, at least in part, by a ticket purchased in California. This is the second billion-dollar lottery jackpot this year. A lucky winner in New Jersey snagged a $1.13 billion Mega Millions jackpot on March 26

Powerball Jackpot Winner Lottery Prize Lump Sum Taxes Oregon California New Jersey Mega Millions

 

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