Hoping to win the $70 million Powerball jackpot on October 14? Get your ticket ready and check the winning numbers below — you could be the lottery’s newest multi-millionaire. Every Wednesday and Saturday night, the Powerball drawings take place at 10:59 p.m. ET. Watch the drawing live online on these local TV stations or online on WRAL.
The Powerball numbers for October 14 are: 15, 20, 29, 31, 40 PB 1 Powerplay x2
If you want to check the winning numbers while you’re on-the-go, download the download the free LotteryHub app for iPhone, iPad, or Android devices. The drawings are broadcast live on the app and you can scan your ticket in to get instant notification if your are the big winner.
There hasn’t been a jackpot winner since September 30 when Michigan resident Julie Leach won $310 million after purchasing $20 worth of Powerball tickets at a Shell gas station in Three Rivers. FOX 17 reports that Leach checked her numbers during her lunch break and didn’t sleep for 30 hours after she confirmed that she matched all six numbers (21-39-40-55-59 PB 17) in the drawing.
— USA TODAY (@USATODAY) October 6, 2015
Wednesday night’s $70 million jackpot is small compared to the $310 million Julie Leach won last month, but lottery players can expect the jackpot to keep rising unless someone beats the 1 in 292 million odds. Since October 7, it’s become harder to win the Powerball jackpot due to recent changes to the popular lottery game, including the addition of 10 more white balls to the game.
According to USA Today, the white balls are numbered 1 to 69, making it more difficult to match all five and the Powerball to score the big jackpot. However, the number of red Powerballs were reduced from 35 to 26, giving ticket holders a 1 in 25 chance to win a non-jackpot prize.
Other changes to the long-running lottery game include a new third-level prize. If you match four white balls and one red Powerball, you will now win $50,000, a non-jackpot prize that was previously $10,000.
How much will you take home if you win the October 14 Powerball jackpot? You won’t take home the entire $70 million jackpot if you choose to get a lump sum payment. Your check will be based on the cash value of the jackpot, which is currently $43.6 million.
— California Lottery (@calottery) October 14, 2015
After state and federal taxes, the check will shrink even more. According to USA Mega‘s Powerball jackpot analysis, if one ticket holder wins the $70 million jackpot on Wednesday night, they would receive $32.7 million after federal taxes.
If you live in a state that taxes lottery winnings, that amount will be deducted from your check as well. According to Forbes, the following states do not tax lottery winnings: California, Delaware, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming.
Don’t want your money all at once? Powerball jackpot winners have the option to choose a 30-year annuity. The winner would receive 30 annual payments based on the full $70 million jackpot. Payments would be approximately $1,750,000 after federal taxes and before state taxes are withheld.
For example, if a single ticket holder from Arizona wins the October 14 Powerball jackpot, the one-time payment would be approximately $30,520,000 million after federal taxes ($10,900,000) and state taxes ($2,180,000) are taken out. If the winner chooses the 30-year annuity, the payout would be approximately $1,633,333 per year, after taxes.
If you don’t win the jackpot, there are eight ways to win non-jackpot prizes that range from $4 (just the Powerball) to $1 million (match 5 white balls, but not the Powerball). Purchase the PowerPlay option for an extra $1 and any winning non-jackpot prize will be multiplied by between two and five times the amount of the prize.
Powerball tickets are $2 each and can be purchased at lottery retailers in 44 States, Washington D.C., Puerto Rico, and the U.S. Virgin Islands. Most retailers sell tickets until 10:45 p.m. ET the night of the drawing, but cut-off times may vary by location.
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