The Powerball jackpot climbs up to an astonishing USD 700 million.
The thrill of hitting the lottery jackpot is something many people fantasize about, yet only a select few get to experience firsthand. Over the weekend, the ever-increasing Powerball Jackpot was finally broken, with a whopping 699.9 million USD up for grabs. This made it the 5th largest Powerball Jackpot in history. With the pot now empty, the jackpot will start afresh, and is estimated to be around 20 million USD next time.
Who's the Lucky Ticket Holder?
As of now, not much is known about the ticket holder or the person behind the winning ticket. However, one thing is for sure, their life is about to undergo a significant change. It's been confirmed that only one person managed to bag the entire jackpot. So, there won't be any sharing among multiple winners. The lucky ticket was purchased in California, according to the Powerball lottery company.
The Winning Numbers
And what were the winning numbers, you ask? They are 12, 22, 54, 66, 69, and the Powerball number 15. These numbers will be etched in the memory of the winner forever.
The winner has two options to choose from when cashing out. If they opt for the lump sum payment, they'll receive 496 million USD. However, as a caveat, there are also tax deductions to consider, bringing the real amount down significantly. Unlike in Germany, lottery winnings in the US are considered taxable income, so the winner's payout will be far from the advertised 700 million USD.
Apart from the lucky ticket holder, five more players walked away as millionaires, while one more person bagged 2 million USD, making them a multi-millionaire.
In Germany, too, the jackpot remained untouched over the weekend. But two individuals matched 6 numbers apiece, earning each 2 million euros.
Powerball History - 5th Largest Jackpot
The jackpot wasn't cracked since June 5, 2021, leading it to swell to 700 million USD after almost 4 months of no winner. The record win still stands at 1.586 billion USD, achieved in 2016. The probability of claiming the jackpot is roughly 1:292 million. Contrastingly, the chances of landing on 6 correct numbers out of 49 is 1:140 million. Each ticket, however, will only set you back 1 USD.
The Powerball lottery has transformed the lives of many, with enormous winnings. In comparison, the German lottery seems quite modest, with the Eurojackpot's maximum win set at 90 million euros. This weekend, the 41st win in the six-figure range was recorded. While the US win is beyond compare, a million-dollar win still feels more than satisfying. German lottery players can certainly empathize. After all, a million-dollar win can provide a comfortable life.
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Source: www.onlinecasinosdeutschland.com
