what is the current lottery powerball jackpot

The drawings are available to stream live on . The current Mega Millions jackpot is worth an estimated 245 million, with a cash option of 110.7 million. Powerball drawings are broadcast live from the Florida Lottery studio on Mondays, Wednesdays and Saturdays beginning at 10:59 p.m. Deduct federal tax, which is about 37 of the given annuity payout. Virgin Islands, with more than half of proceeds from each ticket sale going back to the jurisdiction where it was sold, the lottery says. You need to follow the below to estimate the annuity payments of a Powerball jackpot: Use the following growing annuity formula to compute the payout in a given year ( n ): Payout in year n -Gross payout / (1 1.0530) / 0.05 × 1.05n1. states, Washington, D.C., Puerto Rico and the U.S. A Powerball ticket costs $2 and can be purchased in 45 U.S. More broadly, the odds of winning any Powerball prize are slightly less than 1 in 25. Odds of winning the jackpot are 1 in approximately 292,200,000, according to Powerball.

A ticket purchased in Ohio matched all six numbers drawn that night and took home the jackpot worth $252.6 million. There have been 35 consecutive Powerball drawings without a jackpot winner, since it was last hit in the lottery's April 19 drawing earlier this year.

Another 28 tickets won prizes worth $50,000 during the most recent drawing, and 12 tickets won $10,000 each. The California ticket-holder won a $1 million prize, while the Iowa ticket-holder won $2 million - because they had purchased the ticket with the game's Power Play feature for an extra dollar, which doubles the prize. Two tickets sold in California and Iowa, respectively, matched all five white balls and reaped significant earnings, lottery officials said in a news release.

What is the current lottery powerball jackpot