"Powerball players in Missouri and Texas won the nearly $1.8 billion jackpot on Saturday, overcoming astronomical odds to end the lottery game's three-month drought without a big winner. The winning numbers were 11, 23, 44, 61, and 62, with the Powerball number being 17. The winning ticket in Texas was sold at a gas station-convenience store in Fredericksburg, according to the Texas Lottery."
"Each ticket holder will have the choice between an annuitized prize of $893.5 million or a lump sum payment of $410.3 million. Both prize options are before taxes. If a winner selects the annuity option, they will receive one immediate payment followed by 29 annual payments that increase by 5% each year. Powerball tickets cost $2, and the game is offered in 45 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands."
Powerball produced a $1.787 billion jackpot, the second-largest U.S. lottery prize, won by ticket holders in Missouri and Texas. The winning numbers were 11, 23, 44, 61 and 62, with Powerball 17. The Texas-winning ticket was sold at a gas station-convenience store in Fredericksburg. The prize followed 41 consecutive drawings without a jackpot winner. The game’s odds are 1 in 292.2 million, and prizes grow through rollovers when no one wins. Winners may choose an annuitized $893.5 million award or a $410.3 million lump sum, both before taxes; annuity pays one immediate amount plus 29 annual increases of 5%.
Read at Boston.com
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