"(Justin Sullivan / Getty Images) The Powerball jackpot continued its climb over the holiday weekend, reaching an estimated $1.1 billion, the game's fifth-largest prize, organizers said. No one drew all six winning numbers on Saturday. The winning numbers were white balls 3, 18, 22, 27 and 33 and red Powerball 17, according to a Powerball news release. Nine tickets across the U.S. matched all five white balls, four of which were sold in California."
"Those locations included two in Southern California - a 7-Eleven in Duarte and Ontario Liquor in Ontario - as well as a 7-Eleven in Milpitas and a Mobil station in Pleasant Hill. Each of those winners will receive $1,165,399, the lottery says. In California, prize payouts are "pari-mutuel," with the amount changing depending on how many tickets are sold for that draw and how many winners are at the same level."
"If a player wins Monday's jackpot, they would have a choice between periodic payments totaling an estimated $1.1 billion or a lump sum payment estimated at $498.4 million, the Powerball bulletin said. A winner who selects the annuity option would receive one immediate payment followed by 29 annual payments that increase 5% each year. Both prize options are calculated before taxes."
The Powerball jackpot rose to an estimated $1.1 billion, marking the game's fifth-largest prize. No ticket matched all six numbers in the recent draw. The drawn numbers were white balls 3, 18, 22, 27 and 33 and red Powerball 17. Nine tickets across the U.S. matched all five white balls, four sold in California at specific retail locations. Each of those winners will receive $1,165,399, with California payouts determined pari-mutuel. Jackpot winners can choose annuity payments totaling about $1.1 billion or a lump sum near $498.4 million, both before taxes. The annuity begins immediately and includes 29 annual payments rising 5% yearly. The odds of winning the jackpot are 1 in 292.2 million.
Read at Los Angeles Times
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