Powerball results; did anyone win the $822 million jackpot?
For just the 5th time in U.S. history, a lottery jackpot has hit the $1 billion mark as there was no winner of the $822 million Powerball jackpot for the drawing held on Saturday, Oct. 29.
That means the drawing on Monday, Oct. 31 will be worth $1 billion with a cash option of $497.3 million. That jackpot is the 2nd largest in the history of Powerball and the 5th largest in U.S. history.
- The Powerball Numbers (white) for Oct. 29: 19-31-40-46-57
- The Red Powerball Power Number: 23
- The Power Play Number: 3
- Double Play Numbers: 9-13-31-35-37
- Double Play Powerball Number: 1
Powerball’s Lottery Jackpot Reaches Estimated $1 Billion—So That Means a Huge Tax Bill for the Winner
A $1 billion Powerball lottery jackpot is on the line on Halloween, which will bring hefty tax bills for the lucky winner.
The advertised Powerball jackpot has climbed to $1 billion just in time for the Monday night’s drawing, which will be on Halloween—i.e., October 31. This is only the second time in Powerball history that the estimated jackpot has been this high.
Winning the Powerball lottery jackpot requires a ticket holder to match six numbers from the Powerball drawing. The latest drawing was Saturday, October 29 and no one matched all six numbers drawn. So, all eyes will be on Monday night’s Powerball draw.
The odds of winning the Powerball jackpot are about one in 292.2 million. But stranger things have happened with recent lottery drawings. For example, lottery officials point out that the Powerball has been hit six times so far this year. So, that has a lot of people thinking about how much money the lucky winner of the Powerball jackpot would take home—after taxes, that is.
What Are the Powerball Winning Numbers from Saturday Night?
The Powerball winning numbers from the Saturday, October 29 drawing were 19, 31, 40, 46, 57 and the Powerball was 23.
Powerball jackpot rises to $1 billion next week, as no one wins again
The Powerball jackpot keeps getting larger because players keep losing.
It happened again Saturday night as no one matched all six numbers and won the estimated $825 million grand prize. That means the next drawing Monday night will be for a massive $1 billion, according to a statement by Powerball.
The winning numbers Saturday night were: white balls 19, 31, 40, 46, 57 and the red power ball 23.
The increased jackpot will be the second-largest in U.S. history. The biggest prize was a $1.586 billion Powerball jackpot won by three ticketholders in 2016.
Although the advertised top prize will be an estimated $1 billion, that is for winners who receive their winnings through an annuity paid over 29 years. Winners almost always opt for cash, which for Monday’s drawing will be an estimated $497.3 million.
The $825 million jackpot for Saturday’s draw increased from $800 million on Friday as a result of strong ticket sales, Powerball said.
Players who missed out on the latest grand prize in the 30-year-old lottery shouldn’t immediately toss away their receipts.
A Florida ticket holder matched all five white balls in Saturday’s drawing and increased the prize to $2 million by including the game’s “Power Play” feature. Six tickets won a $1 million prize by matching five white balls, including two in California, two in Michigan, one in Maryland and one in Texas.
