Powerball jackpot jumps to $1.7 billion

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DES MOINES, Iowa (NEXSTAR) — The Powerball jackpot has jumped to an eye-popping $1.7 billion, aft yet different drafting passed without a large victor connected Wednesday.

The numbers selected were: 3, 16, 29, 61 and 69, with the Powerball fig being 22.

$2 cardinal winners were drawn successful Michigan, Oregon, Texas, and Wyoming. $1 cardinal winners were drawn successful California (2), Colorado, Florida, Georgia (2), Illinois, Maryland, Minnesota, Ohio and Pennsylvania.

Since May 31, determination person been 41 consecutive drawings without a large winner.

Missed the $1.4B Powerball jackpot? Your summons whitethorn inactive beryllium a winner

The adjacent drafting volition beryllium Saturday night, with the prize expected to beryllium the third-largest successful U.S. lottery history.

Powerball’s terrible odds of 1 successful 292.2 cardinal are designed to make large jackpots, with prizes becoming ever larger arsenic they repeatedly rotation implicit erstwhile nary 1 wins. Lottery officials enactment that the odds are acold amended for the game’s galore smaller prizes. There are three drawings each week.

How overmuch you really get to instrumentality location depends connected a fig of factors. First off, if determination are aggregate radical who lucifer the winning numbers, the expansive prize volition beryllium divided among them. That really happened successful 2016 erstwhile a $1.586 cardinal Powerball jackpot had to beryllium divided among 3 winning tickets: 1 successful California, 1 successful Tennessee and 1 successful Florida.

The adjacent large origin is whether you take to person the winnings successful 1 lump-sum payout oregon implicit 30 installments. If you take the former, the estimated currency payout is an estimated $634.3 cardinal this clip around.

Finally, you’ll person to fork implicit astatine slightest immoderate of your prize successful taxes. Everyone has to fork implicit a large chunk to Uncle Sam successful national taxes, and astir radical besides person to wage authorities taxes connected their winnings. Only residents of California, Delaware, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming are fortunate – they don’t person to wage authorities taxes connected lottery prizes.

Powerball tickets outgo $2 and the crippled is offered successful 45 states positive Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

The Associated Press contributed to this report.

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