The Powerball was at a record high on Saturday, January 9th coming in at 949.8 million.
Whether you choose the annuity or the lump sum payment, USA Mega reports that 25 percent of your winnings will be withheld for federal taxes.Are you feeling like a lucky winner? .Tickets for Saturday nights Powerball 430 million jackpot (248 million cash option) can be purchased until 9:45.m.Enough to warrant hiring a financial advisor and an attorney to help you manage your windfall.With no jackpot winner since June, all eyes are on the results from Wednesdays Powerball drawing.The largest Powerball jackpots ever are as follows:.586 billion, Jan.If so, ring gift quotes now may be a good time to buy a ticket if you want to take the risk since the combined Mega Millions and Powerball jackpots for America's biggest lottery games are now worth more than.3 billion. Using this figure you can estimate your principle to double every 7 and a half years (thank you compounding interest.).The winning numbers are drawn every Wednesday and Saturday at 10:59.m.According to Multi-State Lottery Associations official.The Multi-State Lottery Association, the organization that runs the Powerball, hoped that record-breaking jackpot amounts would be in the near future when they changed the winning odds from about one in 175 million to one in 292.2 million.If that happens to be you there will be several decisions that will need to be made following the record-breaking win.When it comes to making this decision its always a better idea to take the lump sum.The estimated cash value of the next pakistan international airlines promo code drawing is 806 million before state and federal taxes.
However, you wont get the entire 700 million jackpot unless you choose the lotterys 30-year annuity option.
Your payment will also be subject to state taxes unless you live in California, Delaware, Florida, New Hampshire, Pennsylvania, Puerto Rico, South Dakota, Tennessee, Texas, the.S.
Powerball Image by Justin Sullivan/Getty Images.