Powerball lottery live drawing: Who won the massive jackpot and where was the ticket bought?
The Powerball jackpot climbed to $1.444 billion by Wednesday night’s drawing, making it one of the largest in US history
The Powerball jackpot climbed to $1.444 billion by Wednesday night’s drawing, making it one of the largest in US history. Lottery officials had originally projected $1.4 billion but bumped the estimate just before the winning numbers were revealed.
The lucky combination was drawn, and the powerball and a Power Play multiplier were revealed.
Read More: Powerball $1.4 bn lottery drawing: How late can you buy tickets, what is September 3 cutoff?
Who won the Powerball lottery on Wednesday?
The Powerball jackpot rose to an estimated $1.4 billion for Wednesday’s drawing after no ticket matched all numbers in Monday’s game. If one wins all five numbers plus the Powerball, they would have the choice of taking a lump-sum cash payout of about $634.3 million before taxes.
So far this year, as many as four players have landed nine-figure jackpots: $328.5 million in Oregon (Jan. 18), $527 million in March (Mar. 29), $167.3 million in Kentucky (Apr. 26), and $204.5 million in California (May 31).
Now that the jackpot is rolling again, players are chasing one of the largest prizes of this year. Lottery officials have not announced any Powerball jackpot winners as of now.
{{/usCountry}}Now that the jackpot is rolling again, players are chasing one of the largest prizes of this year. Lottery officials have not announced any Powerball jackpot winners as of now.
{{/usCountry}}Here are the winning numbers for Wednesday, September 3:
{{/usCountry}}Here are the winning numbers for Wednesday, September 3:
{{/usCountry}}Powerball numbers: 61-29-69-16-03
{{/usCountry}}Powerball numbers: 61-29-69-16-03
{{/usCountry}}Powerball: 22
{{/usCountry}}Powerball: 22
{{/usCountry}}Powerplay multiplier: 2x
{{/usCountry}}Powerplay multiplier: 2x
{{/usCountry}}If one did win, the next big decision would have been how to collect. Winners can either take the jackpot in 30 annual installments or choose a lump-sum cash option of about $634.3 million. The choice comes with financial trade-offs, often depending on tax strategy and personal preference. Federal tax withholding applies to every jackpot, and in most states, additional state taxes pile on.
{{/usCountry}}If one did win, the next big decision would have been how to collect. Winners can either take the jackpot in 30 annual installments or choose a lump-sum cash option of about $634.3 million. The choice comes with financial trade-offs, often depending on tax strategy and personal preference. Federal tax withholding applies to every jackpot, and in most states, additional state taxes pile on.
{{/usCountry}}The only exceptions are nine states, including Florida, Texas, and California, where lottery winnings are not taxed locally.
{{/usCountry}}The only exceptions are nine states, including Florida, Texas, and California, where lottery winnings are not taxed locally.
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When are Powerball drawings held?
The Powerball drawing happens three times a week, every Monday, Wednesday, and Saturday, with numbers pulled at 10:59 PM ET.
What’s the ticket cutoff time?
Each play costs $2, and tickets are sold in nearly every US state. Sales stop at varying times depending on local rules, but residents of Alabama, Alaska, Hawaii, Mississippi, Nevada, and Utah can’t buy in since those states don’t participate.
This story will be updated once the winner is announced.
