How much cash could you have collected if you hit Wednesday night’s $1.5 billion Powerball jackpot and opted for a lump-sum payment?
A Long Islander would’ve taken home $615.4 million, after taxes and withholding, the New York Lottery said. A New York City winner would have gotten a bit less — $579.4 million.
The largest jackpot in world lottery history pays off with a lump-sum of $930 million before taxes and withholding, lottery officials said.
The winning numbers drawn Wednesday night were 4, 8, 19, 27, 34, with the Powerball 10.
And there was at least one winning ticket sold — in California.
Shortly after the drawing, a spokesman for the California lottery said a winning ticket was sold at a store in suburban Los Angeles.
Spokesman Alex Travesta told The Associated Press the jackpot-winning ticket was sold at a 7-Eleven in Chino Hills, about 25 miles northeast of Anaheim.
The identity of the winner wasn’t known as of midnight local time, and officials didn’t yet know whether any other winning tickets were sold.
The odds to win were 1 in 292.2 million.
Earlier Wednesday, after the jackpot was announced at $1.3 billion, there were two $100 million bumps — that is, significant increases to the jackpot based on better-than-anticipated ticket sales.
The jackpot at drawing time Wednesday night was announced at $1.58 billion.
Some players pooled their resources in an effort to get a piece of the big prize, including about 1,200 people who joined a pool in the Plainview-Old Bethpage area, largely because of an idea hatched by Ali Kusinitz, 45.
After no one claimed Saturday’s $948.9 million jackpot, Kusinitz floated a question to a Facebook group for Plainview mothers. “Why don’t we all pool our money and raise our odds of winning?” she wrote.
They posted pictures of the tickets to a Facebook group so that players could help check numbers and verify winnings. As of late Tuesday, if the group had won the jackpot, each person would have gotten about $750,000 of the lump-sum payment.
— With AP