The grand prizes up for grabs in lottery jackpots have soared in recent years. CNN Sans ™ & © 2016 Cable News Network.A winner opting for the annuity payment is set to receive around $68 million a year, though this would be reduced to around $43 million by federal taxes and could be cut further by state and city taxes depending on where the winner lives. Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account The largest Powerball jackpot was a $2.04 billion prize won November 2022 in California, followed by $1.586 billion won in January 2016. But the chances of winning a grand prize are exceedingly slim at 1 in 292.2 million.

Odds of winning a Powerball prize of any amount are 1 in 24.9, the lottery says. The two sold in California will be worth more than $1.2 million each, because prizes in that state vary depending on ticket sales and number of winners.Īnother three tickets in Kentucky, Pennsylvania and Texas matched all five white balls and won $2 million each because their holders activated a “power play” multiplier, Powerball said.

Seven tickets sold in California, Colorado, New York, Pennsylvania, and Texas matched all five white balls to win base prizes of $1 million. The Powerball jackpot is huge, but here are 3 better ways to increase your wealth Francine Orr/Los Angeles Times/Getty Images Powerball and Mega Millions lotto tickets are sold at Foremost Liquor Store on Sunday, Oct.

Current jackpot for the powerball