Winners in Iowa and New York to share $687.8 million Powerball Jackpot

Powerball Winning Numbers date 10/27/2018 with one Jackpot $687 Million

Winners in Iowa and New York to share $687.8 million Powerball Jackpot. Saturday’s Powerball jackpot was the 4th-largest lottery jackpot of all time in the United States, and the 3rd-largest Powerball jackpot ever.

Winners in Iowa and New York to share $687.8 million

The winning ticket in New York was sold at the West Harlem Deli at 2040 5th Ave in West Harlem, Manhattan. Iowa’s jackpot-winning ticket was purchased at Casey’s at 425 Second St. in Redfield, a community of about 830 west of Des Moines.

Powerball Winning Numbers date 10/27/2018 with one Jackpot $687 Million

Powerball Winning Numbers date 10/27/2018 with one Jackpot $687 Million

The Powerball Winning Numbers for the $687.8 million prize were 8, 12, 13, 19, and 27, with Powerball number 4; Power Play was 3. The lump-sum cash payout option is $396.2 million.

The final jackpot amount was a whopping $62.2 million less than amount the lotteries were expecting. On Thursday, the Powerball jackpot estimate was increased to $750 million after nobody won the previous $602.5 million grand prize — but as the final amount of $687.8 million illustrates, that was only an estimation. It is not common for the lotteries to overestimate the jackpot to this degree.

Powerball jackpot winners can choose to receive their prizes in annuitized payments over time or as a one-time, lump-sum payment. The New York and Iowa winners do not have to choose the same option, as each will receive half of last night’s jackpot. That breaks down to $343.9 million annuity, or $198.1 million lump-sum option, for each.

West Harlem Deli sold a winning Powerball ticket worth $687.8 million

West Harlem Deli sold a winning Powerball ticket worth $687.8 million

In addition to the New Hampshire jackpot winner, 15 lucky players matched the first 5 numbers for a $1,000,000 prize: 2 from California, 1 from Colorado, 2 from Florida (1 with Power Play), 1 from Kentucky, 2 from New Jersey, 2 from New York, 1 from North Carolina, 1 from Ohio, and 3 from Texas (1 with Power Play).

Two of the second-prize tickets — one each from Florida and Texas — were purchased with the Power Play option for an extra $1. Their prizes will be doubled to $2 million.

Power Play is available in all jurisdictions that sell Powerball except California. By law, California awards all prizes on a pari-mutuel basis, meaning the prizes will change each drawing based on the number of tickets sold and the number of tickets that won at each prize level.

190 tickets matched four white numbers plus the Powerball and won $50,000. Of those tickets, 35 were purchased with the Power Play option, increasing the prize to $150,000, and 20 of the tickets were sold in California, where the prize was worth $11,385 this drawing.

In all, more than 3.5 million tickets, including the jackpot winners, won prizes from Saturday’s drawing. A total of $53,910,962 in prizes were awarded to all the non-jackpot winners.

Last year, a woman from Chicopee, Mass., won a $758 million Powerball jackpot and received a lump-sum payment of $480 million after choosing the cash option. In 2016, three winners from California, Florida and Tennessee split a jackpot prize of nearly $1.6 billion.

The drawing comes on the heels of a near-record $1.5 billion Mega Millions drawing earlier this week. The jackpot was won by a single ticket in South Carolina.

The largest lottery drawing in history remains a Powerball jackpot worth $1.59 billion held in January 2016. The second-largest ever was the Mega Millions drawing this week, and the third largest is a $758 million Powerball jackpot in August 2017. (The full top 25 list is below.)

The game started as Lotto America in the late 1980s and was changed and renamed Powerball in the early 1990s. It’s one of two big jackpot games played in 44 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.

Because of the winner this drawing, the Powerball jackpot is reset back to $40 million for the drawing to be held Wednesday night.

Article from https://www.lotterypost.com

Before: Jackpot Mega Millions is the world’s second largest sold in South Carolina

What was billed as the largest lottery jackpot the world has ever seen has been won Tuesday night by a single lottery ticket sold in South Carolina. It turns out the final number was just a bit shy of the record: $1.537 billion. Jackpot Mega Millions is the world’s second largest won by 1 ticket.

What is the first thing you would do?

Powerball jackpot winners can choose to receive their prizes in annuitized payments over time or as a one-time, lump-sum payment. The New York and Iowa winners do not have to choose the same option, as each will receive half of Saturday’s jackpot. That breaks down to $343.9 million annuity, or $198.1 million lump-sum option, for each.

If the winner(s) choose the annuity option for Saturday’s jackpot, it will be made in 30 payments over 29 years, with the annual payment increasing over time to accomodate for inflation. If the winner(s) choose the lump-sum option, that amount in Iowa will be made in one wire transfer.

The Iowa Lottery stresses a few key points for its jackpot winner(s) as they prepare to claim the prize:

  1. Sign the ticket if you have not already done so. That identifies the ticket and the prize involved as belonging to you.
  2. Keep the winning ticket in a secure place until presenting it to claim the prize. The ticket is required for the prize to be paid.
  3. Consult with a trusted financial planner or legal advisor before coming forward to claim the prize. This is a life-changing amount of money and the lottery wants its winners to have the information they need as they make their decisions.

The Iowa Lottery also gives a general reminder that under Iowa law, information concerning lottery winners is public. The lottery is required to release the details about who won this prize and will work with its winner(s) to ensure that is done.

Iowa’s eight previous Powerball jackpot winners are:

Brian and Mary Lohse of Bondurant, who won a $202.1 million Powerball jackpot in September 2012.

The Shipping 20, a group of co-workers in the shipping department at the Quaker Oats plant in Cedar Rapids, who split a $241 million jackpot in June 2012. That was the largest lottery prize won in Iowa until this week’s news.

Tim and Kellie Guderian of Fort Dodge, who claimed a $200.8 million jackpot in October 2006.

Hugh Hawkins of Des Moines, who won a $113.2 million jackpot in December 2005.

Jacquelyn Moore of Omaha, Neb., who won a $14.4 million jackpot in October 2004 (she bought her ticket at a convenience store in Carter Lake in western Iowa).

The Larry Hasken family of Sabula, who claimed a $31.8 million jackpot in January 2000.

Tim Schultz of Des Moines, who won a $28 million jackpot in February 1999.

Ed Brown of Washington, who split a $10.4 million jackpot with a Missouri woman in December 1992.

Jackpot prizes in Iowa must be claimed at Iowa Lottery headquarters at 13001 University Ave. in Clive. If the winner or winners have questions before claiming the prize, they’re welcome to contact the lottery at 515-725-7900.

Prize and withholding details for Iowa’s share of Saturday’s Powerball jackpot:

Annuity

Payments Totaling:                $343.9 million

The annuity total would be paid in 30 graduated payments over 29 years. Federal withholding of 24 percent and state withholding of 5 percent would be made on each payment.

Lump-Sum Option

Prize:                                       $198.1 million

Federal Withholding:             $47.5 million (24 percent)

State Withholding:                 $9.9 million (5 percent)

After-tax prize:                        $140.6 million

About the Iowa Lottery: Since the lottery’s start in 1985, its players have won nearly $4.2 billion in prizes while the lottery has raised more than $1.9 billion for state programs. Today, lottery proceeds have three main purposes in Iowa. They provide support for our state’s veterans and their families through the Iowa Veterans Trust Fund; help for a variety of significant projects through the state General Fund; and backing for the Vision Iowa program, which was implemented to create tourism destinations and community attractions in the state and build and repair schools.

For more information, contact Mary Neubauer, Iowa Lottery External Relations,

at 515-725-7906 or mneubauer@ialottery.com

Top 25 United States lottery jackpots of all time

Saturday’s Powerball jackpot was the 4th-largest lottery jackpot of all time in the United States, and the 3rd-largest Powerball jackpot ever.

  1. Powerball: $1.5864 billion, Jan. 13, 2016 – California, Florida, Tennessee
  2. Mega Millions: $1.537 billion, Oct. 23, 2018 – South Carolina
  3. Powerball: $758.7 million, Aug. 23, 2017 – Massachusetts
  4. Powerball: $687.8 million, Oct. 27, 2018 – Iowa, New York
  5. Mega Millions: $656 million, Mar. 30, 2012 – Illinois, Kansas, Maryland
  6. Mega Millions: $636 million, Dec. 17, 2013 – California, Georgia
  7. Powerball: $590.5 million, May 18, 2013 – Florida
  8. Powerball: $587.5 million, Nov. 28, 2012 – Arizona, Missouri
  9. Powerball: $564.1 million, Feb. 7, 2015 – North Carolina, Puerto Rico, Texas
  10. Powerball: $559.7 million, Jan. 6, 2018 – New Hampshire
  11. Mega Millions: $543 million, Jul. 24, 2018 – California
  12. Mega Millions: $536 million, Jul. 8, 2016 – Indiana
  13. Mega Millions: $533 million, Mar. 30, 2018 – New Jersey
  14. Powerball: $487 million, Jul. 30, 2016 – New Hampshire
  15. Powerball: $456.7 million, Mar. 17, 2018 – Pennsylvania
  16. Mega Millions: $451 million, Jan. 5, 2018 – Florida
  17. Powerball: $448.4 million, Aug. 7, 2013 – Minnesota, New Jersey (2)
  18. Powerball: $447.8 million, Jun. 10, 2017 – California
  19. Powerball: $435.3 million, Feb. 22, 2017 – Indiana
  20. Powerball: $429.6 million, May 7, 2016 – New Jersey
  21. Powerball: $425.3 million, Feb. 19, 2014 – California
  22. Powerball: $420.9 million, Nov. 26, 2016 – Tennessee
  23. Mega Millions: $414 million, Mar. 18, 2014 – Florida, Maryland
  24. Powerball: $399.4 million, Sep. 18, 2013 – South Carolina
  25. Mega Millions: $393 million, Aug. 11, 2017 – Illinois

The number of jackpots in the top 25, by lottery game, are:

  • Powerball: 16
  • Mega Millions: 9

Top 25 cash value jackpots

Saturday’s Powerball cash value ranks as the 5th-largest cash value of all time, and the 3rd-largest Powerball cash value in the game’s history.

  1. Powerball: $983.5 million cash, Jan. 13, 2016 ($1.5864 billion annuity) – California, Florida, Tennessee
  2. Mega Millions: $877.8 million cash, Oct. 23, 2018 ($1.537 billion annuity) – South Carolina
  3. Powerball: $480.5 million cash, Aug. 23, 2017 ($758.7 million annuity) – Massachusetts
  4. Mega Millions: $471 million cash, Mar. 30, 2012 ($656 million annuity) – Illinois, Kansas, Maryland
  5. Powerball: $396.2 million cash, Oct. 27, 2018 ($687.8 million annuity) – Iowa, New York
  6. Powerball: $384.7 million cash, Nov. 28, 2012 ($587.5 million annuity) – Arizona, Missouri
  7. Powerball: $381.1 million cash, Feb. 7, 2015 ($564.1 million annuity) – North Carolina, Puerto Rico, Texas
  8. Mega Millions: $378 million cash, Jul. 8, 2016 ($536 million annuity) – Indiana
  9. Powerball: $370.9 million cash, May 18, 2013 ($590.5 million annuity) – Florida
  10. Powerball: $352 million cash, Jan. 6, 2018 ($559.7 million annuity) – New Hampshire
  11. Mega Millions: $347.6 million cash, Dec. 17, 2013 ($636 million annuity) – California, Georgia
  12. Powerball: $336.8 million cash, Jul. 30, 2016 ($487 million annuity) – New Hampshire
  13. Mega Millions: $324 million cash, Mar. 30, 2018 ($533 million annuity) – New Jersey
  14. Mega Millions: $320.5 million cash, Jul. 24, 2018 ($543 million annuity) – California
  15. Powerball: $284 million cash, May 7, 2016 ($429.6 million annuity) – New Jersey
  16. Mega Millions: $281.9 million cash, Jan. 5, 2018 ($451 million annuity) – Florida
  17. Powerball: $279.1 million cash, Jun. 10, 2017 ($447.8 million annuity) – California
  18. Powerball: $273.9 million cash, Mar. 17, 2018 ($456.7 million annuity) – Pennsylvania
  19. Powerball: $263.5 million cash, Feb. 22, 2017 ($435.3 million annuity) – Indiana
  20. Powerball: $258.2 million cash, Aug. 7, 2013 ($448.4 million annuity) – Minnesota, New Jersey (2)
  21. Powerball: $254.7 million cash, Nov. 26, 2016 ($420.9 million annuity) – Tennessee
  22. Mega Millions: $246.5 million cash, Aug. 11, 2017 ($393 million annuity) – Illinois
  23. Mega Millions: $240 million cash, Jan. 4, 2011 ($380 million annuity) – Idaho, Washington
  24. Mega Millions: $233.1 million cash, Mar. 6, 2007 ($390 million annuity) – Georgia, New Jersey
  25. Mega Millions: $230.9 million cash, Mar. 18, 2014 ($414 million annuity) – Florida, Maryland

The number of jackpot cash values in the top 25, by lottery game, are:

  • Powerball: 14
  • Mega Millions: 11

For the next drawing on Wednesday, Oct. 31, the Powerball jackpot resets to a guaranteed $40 million; $23.0 million cash value. The 10X multiplier will be in play as part of the Power Play feature, since the advertised jackpot is under $150 million.

Powerball tickets are $2 per play. Tickets are sold in 44 states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands. Drawings are held every Wednesday and Saturday at 10:59 p.m. ET.

A portion of every Powerball ticket sold directly benefits the jurisdiction in which it was purchased.

Winners in Iowa and New York to share $687.8 million Powerball Jackpot. Saturday’s Powerball jackpot was the 4th-largest lottery jackpot of all time in the United States, and the 3rd-largest Powerball jackpot ever. Who is the owner of the Jackpot Powerball is the world’s 4th largest?

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