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Powerball

Friday, May 17, 2013

Powerball Jackpot Soars to $600M for Saturday Drawing

If you draw the Powerball winning numbers in Saturday’s lottery, you could score $600 million, the largest Powerball jackpot ever.

Powerball results were watched closely Wednesday when the jackpot was $363 million. After no one picked all six winning numbers, the new Powerball prize for the Saturday, May 18, drawing is now $600 million, which makes it the highest Powerball jackpot ever — and the second-highest U.S. lottery jackpot. The one-time cash payout is estimated at $376.9 million. Tickets are $2 and the game is played in New Jersey and 42 other states, including New York, Florida, Texas and California. Tickets will be sold up to an hour before the 11 p.m. drawing. The largest Powerball Jackpot cash payout to date was a $384 million win on Nov. 28, 2012, in Arizona and Missouri. Wonder what happens to the folks who hit it big? Browse the Huffington Post’s …

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Ridgewood Mom

8:24 am on Sunday, May 19, 2013

I have no problem with "Captains of Industry" being exclusive about the cultural criteria by which they judge others. Meritocracy is a good ideal. I don't like seeing it undermined. My issue is that a lottery winner clearly isn't a "Captain of Industry." Moreover, a lottery winner is a perfect case of a person who has no right to complain that it is wrong for the government to tax people (and the…   more ›

Wednesday, November 28, 2012

Powerball Has Record $550 Million at Stake

Big-money dreams on the line in record drawing Wednesday night.

A record sum of money could be for the taking Wednesday night, as the Powerball jackpot has reached $550 million. Those in New Jersey hoping to cash in have until 9:59 p.m. to snag a ticket, or two, or–well, you get the idea. The drawing will take place at 10:59 p.m.  With no winner since Oct. 6 and an increase in the cost of tickets to $2, the value of the pot has skyrocketed.  The jackpot, won by matching all five white balls in any order and the red Powerball, can be paid out as either an annuitized prize paid out over 29 years or a lump sum payment, according to the game's website. If the winner chooses the annuity, the annual payment will be increased each year by the percentage set out in the Powerball game rules.  Of course, $550 …

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