The Powerball jackpot has hit $1 billion. That is the sixth Powerball jackpot to hit the $1-billion mark within the lottery’s 33-year historical past.
Saturday’s successful numbers are 22, 3, 33, 18, 27 with a pink Powerball of 17 and a PowerPlay multiplier of 3x.
The $1 billion jackpot is for an annuity choice, paid over 30 years. Winners virtually all the time go for the lump-sum money prize, which for Powerball could be $453.1 million money.
The prize is topic to taxes, which incorporates an computerized withholding tax of 24% levied towards the winnings, and one other 13% in federal taxes if you file your 2025 return.
There are additionally state taxes in some jurisdictions, which vary from 2.9% to 10.9% relying on the state you reside in. However if you happen to’re fortunate sufficient to stay in California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington or Wyoming, you will not pay taxes in your winnings.
Nobody has gained Powerball’s jackpot since Could 31, 2025, a stretch of 38 consecutive drawings with out anybody matching the sport’s six numbers. Earlier than that, the jackpot was hit eleven occasions, nonetheless, the winnings have been all beneath $600 million.
