Do you have the winning Powerball numbers for the May 13 drawing? If so, the $100 million jackpot is yours, unless more than one ticket holder matches all six numbers on Wednesday night.
No one picked the winning numbers for the last drawing on Saturday (4, 15, 17, 35, 58 PB 17), so the jackpot increased from $90 million to $100 million for tonight’s drawing.
UPDATE: The winning Powerball numbers for May 13 are: 1, 25, 29, 31, 47, PB: 7
According to the Cleveland Plain Dealer, there hasn’t been a jackpot winner since one lucky ticket holder won the $50 million jackpot on April 18. There were two tickets sold for Saturday’s drawing that matched five numbers (no Powerball). While the two ticket holders in California and Pennsylvania didn’t win the jackpot, they still won $1 million each.
The odds for winning the jackpot was 1 in 175 million, so the non-jackpot prizes that range from $4 to $1 million are at least a consolation prize for playing the popular lottery game. According to Powerball.com, there were 442,848 non-jackpot prizes given away on May 9.
Check the numbers below if you have any tickets from the previous six Powerball drawings — you may have a non-jackpot prize winner.
- May 9: 4-15-17-35-58 PB 17
- May 6: 23-24- 27-39-41 PB 30
- May 2: 2-6-11-30-31, PB 33
- April 29: 1, 26, 34, 38, 51 PB 6
- April 25: 21, 33, 35, 38, 45, PB 12
- April 22: 10, 14, 25, 39, 53 PB 18
Powerball tickets are $2 each, with an additional $1 fee for the Powerplay feature. Tickets can be purchased at lottery retailers in 44 states; Washington, D.C.; Puerto Rico; and the U.S. Virgin Islands. Many gas stations, convenience stores, and grocery stores sell lottery tickets, with free standing kiosks in malls and retail stores a popular choice for not only Powerball tickets, but Mega Millions and scratch-off lottery tickets as well.
Tonight’s $100 million jackpot has a cash value of $64.1 million, and the winner’s check will be even less than that. Approximately 25 percent federal tax is taken out of the check, along with state taxes. There are a few exception to this rule.
If you live in California, Delaware, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, or Wyoming, there is no state tax on lottery prizes. According to CNN, lottery players in Puerto Rico do not pay federal tax on their winnings, but the prize is subject to a special tax of between five to 20 percent of the total lottery winnings.
Powerball jackpot winners also have the option of choosing an annuity if they win the grand prize. Federal taxes will also be taken out of the yearly amount, with the exceptions noted above for state tax. If there is a winner of tonight’s $100 million jackpot, the annuity payments would be approximately $2.5 million per year for 30 years after federal taxes are taken out.
[Image: Getty Images/Scott Olson]