$1.04 Billion Powerball Jackpot Won in Illinois – MyNewsLA.com
One ticket with all six numbers in the Wednesday evening’s Powerball lottery drawing was sold in Illinois and the player has the choice between an annuitized prize of $1.04 billion or a lump sum payment of $450.5 million.
Both figures are before taxes, according to the Multi-State Lottery Association, which conducts the game.
If the player selects the annuity option, he or she will receive one immediate payment followed by 29 annual payments that increase by 5% each year.
The numbers drawn Wednesday were 4, 26, 66, 67, 69 and the Powerball number was 9. The estimated jackpot was $1.04 billion, the 15th-largest lottery jackpot in American history.
The drawing was the 44th since the last time a ticket with all six numbers was sold.
The odds of matching all five numbers and the Powerball number is 1 in 292.2 million, according to the Multi-State Lottery Association. The overall chance of winning a prize is 1 in 24.9.
There were five tickets sold with five numbers, but missing the Powerball number. The one sold in Massachusetts is worth $2 million because the player utilized the Power Play option, where for an additional $1 per play, a ticket with five numbers, but missing the Powerball number, is worth $2 million, according .to the Multi-State Lottery Association.
A ticket with five numbers, but missing the Powerball number, was sold at a convenience store in Sacramento and is worth $820,520, the California Lottery announced.
While tickets with five numbers, but missing the Powerball number sold in other states are worth $1 million or $2 million, California law requires major payoffs of lottery games to be paid on a pari-mutuel basis, meaning they are determined by sales and the number of winners.
The tickets with five numbers, but missing the Powerball number, sold in Arizona, Florida and North Carolina are each worth $1 million, according .to the Multi-State Lottery Association.
Wednesday’s jackpot was the eighth-largest in the history of the Powerball game, which has been played since 1992. There have been seven larger Mega Millions jackpots.
The odds of matching all five numbers and the Powerball number is 1 in 292.2 million, according to the Multi-State Lottery Association, which conducts the game. The overall chance of winning a prize is 1 in 24.9.
The Powerball game is played in 45 states, the District of Columbia, Puerto Rico and U.S. Virgin Islands and since July 21, the United Kingdom.
The jackpot for Saturday’s drawing will be $20 million.
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