How the prospective winner will be paid – The payment methods
The Powerball jackpot, which will be drawn tonight, reached $1.2 billionthe fourth largest amount in the history of this game in the US, as announced by the organizing authority.
The amount grew – and so did the players’ dreams – as no one managed to guess the six lucky numbers in the previous 38 draws.
The lucky winner, if there is one today, will receive the 1.2 billion if they choose to pay the entire amount over three decades. If he prefers to take his winnings immediately, will receive “only” 596.7 million. A significant part of the amount will go to the tax office.
The biggest jackpot ever won was $1.586 billion in January 2016. But it was shared between three lucky winners.
The odds of winning the jackpot are one in 292.2 million. By comparison, you’re more likely to be struck by lightning (one in a million), according to health authorities.
RES-EMP
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I am currently a news writer for News Bulletin247 where I mostly cover sports news. I have always been interested in writing and it is something I am very passionate about. In my spare time, I enjoy reading and spending time with my family and friends.