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HomeUSPowerball jackpot climbs to an estimated $1.4 billion as no players matched...

Powerball jackpot climbs to an estimated $1.4 billion as no players matched all six numbers

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Image by Tumisu from Pixabay

Powerball jackpot climbs to an estimated $1.4 billion as no players matched all six numbers. The anticipated jackpot for the Powerball drawing on Saturday, October 7, 2023, is $1.4 billion.

That’s a high number, the third largest in Powerball history, but due to rising ticket sales, it might pass it by the time the drawing is held and take second place. The most recent Powerball jackpot winner purchased a $1.08 billion ticket in California on July 19.

According to a recent survey, the opportunity for customers to buy tickets online and the addition of an extra day are to blame for the Powerball and Mega Millions jackpots recently smashing records.

The jackpot’s odds of 1 in 292.2 million are what make it so difficult to win and give the lucky player (or players) who choose the game’s six winning numbers such enormous payouts. The seventh-largest lottery prize in history is the most recent Powerball jackpot.

Most states charge $2 for Powerball tickets, and customers can choose their own single Powerball numbers or let a computer do it for them. Every Monday, Wednesday, and Saturday at 10:59 p.m. EDT, Powerball drawings are held.

Which States Permit Online Lottery Ticket Purchases?

The exhilaration associated with playing the lotto online rises. Why? Of course, it makes playing the lottery convenient for lottery enthusiasts. Furthermore, your chances of winning are unaffected by the fact that you are playing online rather than physically purchasing your ticket. You can play all of your state’s favorite regional lotteries, as well as Powerball and Mega Millions, if they’re accessible, using a lottery app.

See which states you are eligible to buy online.

There are seventeen states where you can make online lottery ticket orders using Jackpocket, a lottery courier app. These states are:

  • Arizona
  • Arkansas
  • Colorado
  • Idaho
  • Massachusetts
  • Minnesota
  • Montana
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • Ohio
  • Oregon
  • Texas
  • Washington DC
  • West Virginia

Federal taxes will be withheld by state lotteries at a rate of 24% of jackpot wins, and additional federal taxes may be due when filing federal tax returns. State taxes will differ since some states don’t tax lottery wins at all while others impose varying rates of taxation.

Players who purchase winning grand prize tickets in a state other than their home state will be taxed according to the state in which they purchased the ticket.

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