Powerball Winning Numbers August 12: Watch $60 Mil Jackpot Drawing Live Online

Do you have the winning Powerball numbers for August 12? The jackpot is now $60 million, with no winners in the past two drawings. The odds are 1 in 175.2 million that someone will match all six numbers and win the jackpot Wednesday night — watch tonight’s live drawing and see if you beat the odds.

Watch the Powerball drawing live online at 10:59 p.m. ET, or by downloading the free LotteryHUB app for iPhone or Android devices. The jackpot drawing is also broadcast on these TV stations every Wednesday and Saturday night.

The winning Powerball numbers for August 12 are: 8-13-29-38-51 PB 28 Power Play 2

Although there was no winner in the last drawing on August 8 (9-34-48-42-54 PB 15 Power Play 4), there were almost 370,000 ticket holders who won non-jackpot prizes. One lucky lottery player from Arizona matched five white balls (no Powerball) and won $1 million, and over $3 million in other non-jackpot prizes ranging from $4 to $10,000 were given away.

Although there is a slim chance that you will match all six numbers on your ticket and cash in on the $60 million jackpot tonight, there are eight ways to win a non-jackpot prize that ranges in value from $4 to $1 million. Check your ticket to see if you have one of the combinations below — you may have a little extra cash coming your way.

$1 million: Five white balls
$10,000: 4 white balls and the red Powerball
$100: 4 white balls
$100: 3 white balls and the red Powerball
$7: 3 white balls
$7: 2 white balls and the red Powerball
$4: 1 white ball and the red Powerball
$4: Just the Powerball

If you do luck out and win the jackpot, you won’t take home the entire $60 million. First, you will have to decide if you want to get your winnings in a one-time lump sum payment or if a 30-year annuity is a better option for you. Consulting a financial professional is an important first step if you are a winner — don’t go rushing to lottery headquarters without solid advice about how to manage your newfound wealth.

If you choose an annuity, the lottery will make an initial payment of approximately $2 million (before taxes) shortly after you claim the ticket, followed by 29 annual payments of $2 million each. A cost of living increase of approximately five percent will be added to future payments.

Winners who want to get their money all at once will take home approximately $40.1 million before taxes — not a bad return on investment for a $2 ticket.

Powerball tickets are sold at lottery retailers in 44 states, Washington, D.C., Puerto Rico, and the U.S. Virgin Islands.

[Multi-State Lottery Association]