Winning Powerball Numbers July 15: $60 Million Jackpot Up For Grabs Wednesday Night


The Powerball jackpot for July 15 is $60 million, and the ticket holder who matches all six numbers will become the lottery’s newest multi-millionaire. Odds are 1 in 179 million that one person will win Wednesday night’s jackpot, but it’s always fun to daydream about.

Watch the Powerball drawing live online on WRAL at 10:59 p.m. ET or on any of these TV stations.

The winning Powerball numbers for July 16 are: 13, 16, 34, 45, 50 PB 11

If you do win the Powerball jackpot, it’s important to put together a legal team and find a qualified financial advisor so you don’t want squander your windfall.

Another important tip? Sign the back of your ticket as soon as you purchase it. According to Forbes, whoever signs the ticket and presents it at lottery headquarters with a photo ID can claim the prize. That means if you happen to lose the ticket and it’s not signed, anyone can claim the prize you waited so long to win.

How much will you take home if you are Wednesday night’s Powerball winner? Before you start making a list of expensive cars and dream homes you want to buy, keep in mind that federal taxes are taken out of the jackpot prize immediately, and if you live in a state that taxes lottery winnings, that percentage will be deducted from the check as well.

According to the official Powerball website, winners have a choice of taking home a lump sum payment or opting for a 30-year annuity.

If you choose the annuity, the lottery will send you 30 yearly checks of approximately $2 million each before taxes are deducted. The first payment is made several weeks after you turn in your ticket at a local lottery office. For jackpot winners who prefer to get their payment all at once, the lump sum amount is based on the cash value of the jackpot — that would make the payout $36.6 million before taxes.

If there is no jackpot winner on July 15, the jackpot will continue to rise, and may reach over $70 million for the next drawing on Saturday, July 18.

Powerball numbers are drawn at 11 p.m. ET every Wednesday and Saturday. Tickets are sold at lottery retailers in 44 states, Washington, D.C., Puerto Rico, and the U.S. Virgin Islands.

What will you do with your Powerball jackpot winnings if you are lucky enough to match all six numbers in tonight’s drawing?

[Image: Getty Images/Scott Olsen]

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