Array
With the Powerball jackpot at an estimated $613 million ahead of Monday night’s drawing, interest is ratcheting up around the nation.
The top Powerball prize has gone unclaimed since Nov. 19, causing the jackpot to shoot past $500 million in recent weeks. The chances of winning a Powerball jackpot are extremely slim, with odds standing at about 1 in 292.2 million.
If someone finally wins the jackpot Monday night, the estimated $613 million would only be distributed if a winner selects an annuity option paid gradually over 29 years. Most jackpot winners opt for the cash option, which was $329 million Monday night, and the final amount taken home depends on state and federal taxes.
LANDING THE BUCKS:Seven things more likely to happen than winning the Powerball or Mega Millions lottery
HOW MUCH WILL A LOTTERY WINNER RECEIVE AFTER TAXES? Jackpot shrinks quite a bit. Powerball winning numbers: 1/30/23
The winning numbers for Monday night’s drawing are 1, 4, 12, 36, 49, and the Powerball is 5. The Power Play was 2X.What are my chances of winning Powerball?
While many lottery players may be tempted by a gigantic jackpot, it’s important to note that the odds of winning Powerball’s grand prize are incredibly slim.
