Mar 17 | Posted by Trix @ 12:00 AM Category: Bingo
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It’s another rollover for Americas Powerball Lotto pushing the lottery jackpot up to a staggering $150 million. It’s been several weeks since the lottery produced a winner and now the jackpot is reaching stratospheric proportions.
In Saturdays Powerball Lottery draw there were no jackpot winners across any of the many participating US states. Not one single ticket matched all the winning numbers which were 13, 31, 41, 45, 46 and the red Powerball was 21.
The next drawing on the lottery will be Wednesday 25th February and that jackpot will be worth an astounding $150 million.
Of course you must remember that American Lotteries work in a different way to many as the tax is removed after the win and not on ticket sales. That means that even a $150 million has a cash jackpot value of $80 million. $80 million is hardly an amount to be sniffed at but considerably less than the $150 million advertised.
Another way that US Lotteries vary is that the jackpot can be paid in two ways, either you can take the cash lump sum – the option 99% of US lottery winners choose – or you can have the lottery jackpot paid in annual instalments.
Whatever you decide once the jackpot is won, one thing is for sure. It really is worth buying a few tickets for any lottery that is worth $150 million!