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Powerball Soars To $760 Million: Here’s How Much The Winner Would Get After Taxes

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The next drawing for the Powerball jackpot is Saturday.
Topline
The Powerball jackpot reached $760 million Thursday morning after no winning tickets were picked in Wednesday night’s drawing, for a prize that could be the last Powerball drawing of the year if a winner is selected later this week, though a winner would see just over half of that grand prize after taxes.Key Facts

While there were no Powerball jackpot winners in Wednesday’s drawing, one ticket holder in Texas won a $2 million prize after they matched five white balls without the Powerball and one player in California won a $1 million prize.

Whoever the winner is will have a choice of taking their winnings in 30 annual installments, or as a cash lump sum of $382.

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