$185 MILLION: Huge Powerball lottery jackpot set for Wednesday

Nov 11, 2012, 7:52 am (66 comments)

Powerball

By Todd Northrop

There was no jackpot winner in the Saturday night drawing of the multi-state Powerball lottery game, causing the grand prize to increase to an estimated $185 million for Wednesday's drawing.

Saturday was the 11th consecutive Powerball drawing without a jackpot winner.  The jackpot run started October 6 as a $40 million jackpot.

The estimated cash value for the new jackpot is $123.7 million. After-tax cash and annuity prize amounts are reported state-by-state on the Jackpot Analysis page at USA Mega, a web site devoted to the Powerball and Mega Millions multi-state lottery games.

Players should note that jackpot amounts are conservative estimates provided by the lotteries, and are often somewhat higher by the time the drawing occurs.

Although there were no jackpot winners Saturday, 4 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from New Jersey, 1 from New York, 1 from Tennessee, and 1 from Texas.

Of all the second-prize winners, only the ticket from Texas was purchased with the Power Play option for an extra $1. Because they purchased the Power Play, that particular ticket is now worth $2 million.

39 tickets matched four white numbers plus the Powerball and won $10,000. Of those tickets, 7 were purchased with the Power Play option, increasing the prize to $40,000.

The Powerball winning numbers for Saturday, November 10, were 32, 42, 50, 54, and 55, with Powerball number 32. (Because the Powerball number is selected from a different pool of numbers, it is entirely possible — and did actually happen this time — that the Powerball number is the same as one of the first five numbers.)

Following the Saturday drawing, the Powerball annuity jackpot estimate was raised $17 million from its previous amount of $168 million. The cash value was raised by $14.9 million, from its previous amount of $108.8 million.

The next Powerball drawing will take place Wednesday evening at 10:59 pm Eastern Time.

When a Powerball ticket is purchased with the Power Play option for an extra $1 per ticket, any non-jackpot prize is increased according to a fixed prize schedule, which can be found on the Powerball Drawing Detail page at USA Mega, as well as on the Powerball Prize Payouts page at Lottery Post.

Powerball is now played in 42 states, plus the District of Columbia and the U.S. Virgin Islands. Drawings are Wednesdays and Saturdays at 10:59 pm Eastern Time. Tickets cost $2 each.

The Powerball winning numbers are published at USA Mega (www.usamega.com) minutes after the drawing takes place.

Lottery Post Staff

Comments

mcginnin56

Step back everyone, this one is mine!  Cool

hearsetrax's avatarhearsetrax

Skeptical  me thinks its gonna be a nice Xmas for someone b4 much longer ......

mcginnin56

Quote: Originally posted by hearsetrax on Nov 11, 2012

Skeptical  me thinks its gonna be a nice Xmas for someone b4 much longer ......

Big Grin Santa me thinks so to.......

OldSchoolPa's avatarOldSchoolPa

I am overdue. For far too long I have gotten the 2 gifts in 1 treatment since my b-day falls on 25 December. I can handle $185M ($126M lump sum) as "payback"! Not feeling entitled nor am I getting caught up in jackpot hype as I am just as likely to buy an extra play at $40M as I am at $200M...it just depends on the state of greenbacks in my money clip.

Ronnie316

How is $185 million "Huge" ???? Sounds like chump change to meee......

Coin Toss's avatarCoin Toss

Quote: Originally posted by mcginnin56 on Nov 11, 2012

Step back everyone, this one is mine!  Cool

And the self-jinxing has started.

Too bad it was you mcginnin.

Think about it, how long has this site been up, how many have claimed a jackpot beforehand, and how many of those have won one?

Next we'll have the barage of those telling us how they're going to spend $185 million that they haven't won yet.

Bang Head

Ronnie316

Quote: Originally posted by Coin Toss on Nov 11, 2012

And the self-jinxing has started.

Too bad it was you mcginnin.

Think about it, how long has this site been up, how many have claimed a jackpot beforehand, and how many of those have won one?

Next we'll have the barage of those telling us how they're going to spend $185 million that they haven't won yet.

Bang Head

But what if its a jinx to say someone is jinx...... What?

mcginnin56

Quote: Originally posted by Coin Toss on Nov 11, 2012

And the self-jinxing has started.

Too bad it was you mcginnin.

Think about it, how long has this site been up, how many have claimed a jackpot beforehand, and how many of those have won one?

Next we'll have the barage of those telling us how they're going to spend $185 million that they haven't won yet.

Bang Head

I'm testing my new self-jinxing theory, which essentially is like attracting good Karma in reverse.

My hypothesis is that by tapping in to the anti-energy, anti-world universe, I may be able to harness this reservoir of boundless life force,

to pull of a successful win for this Wednesdays Powerball drawing.

 

As with any great inventor or innovator, I'm sure there will be certain pitfalls and setbacks, but that's a risk I'm willing to assume.

Piaceri

PARRRRRTAAAAAYYYYY!!!!!!!!! DancePartyDanceBananaPartyHyperDancePartyHurray!PartyDance

 

White Bounce

mcginnin56

Quote: Originally posted by Ronnie316 on Nov 11, 2012

But what if its a jinx to say someone is jinx...... What?

By merely mentioning that "j" word, you have already "j'ed" yourself.

I'm just so sorry it had to happen to you so early in the day.  Sad

mcginnin56

Quote: Originally posted by Piaceri on Nov 11, 2012

PARRRRRTAAAAAYYYYY!!!!!!!!! DancePartyDanceBananaPartyHyperDancePartyHurray!PartyDance

 

White Bounce

Wow!

Someone's feeling good this morning!  Noel   Hyper

Piaceri

Quote: Originally posted by mcginnin56 on Nov 11, 2012

Wow!

Someone's feeling good this morning!  Noel   Hyper

compliments of my coffee

Hyper

hearsetrax's avatarhearsetrax

Crazy

mcginnin56

Quote: Originally posted by Piaceri on Nov 11, 2012

compliments of my coffee

Hyper

I stopped drinking coffee, now I'm questioning my decision.  Hyper

RedStang's avatarRedStang

Quote: Originally posted by mcginnin56 on Nov 11, 2012

Step back everyone, this one is mine!  Cool

Sorry but you're too late. FEMA has placed lotto machines at every NYC street corner. All combos have been sold already. Theres still time for MM.

maringoman's avatarmaringoman

If one of my two tickets hits the jp, I am claiming it the very next day after the draw which is wayyy before the higher taxes on the wealthy kick in. 

Bush era tax-cuts are expiring in Dec 31, 2012, no?

Original Bey's avatarOriginal Bey

Quote: Originally posted by RedStang on Nov 11, 2012

Sorry but you're too late. FEMA has placed lotto machines at every NYC street corner. All combos have been sold already. Theres still time for MM.

Party New York is wayyyy over due!

LottoBoner

Quote: Originally posted by Ronnie316 on Nov 11, 2012

How is $185 million "Huge" ???? Sounds like chump change to meee......

US FlagUS Flag™ŠÕψΗÅΤ¿

LottoBoner

Quote: Originally posted by Piaceri on Nov 11, 2012

compliments of my coffee

Hyper

ÌΓîŠΗcoffee¡Green laugh

LottoBoner

Quote: Originally posted by LottoBoner on Nov 11, 2012

ÌΓîŠΗcoffee¡Green laugh

ÎΜìΝ

Faites vØs jeux!

LottoBoner

Quote: Originally posted by Original Bey on Nov 11, 2012

Party New York is wayyyy over due!

I Agree!Smash

whiteballz's avatarwhiteballz

Quote: Originally posted by maringoman on Nov 11, 2012

If one of my two tickets hits the jp, I am claiming it the very next day after the draw which is wayyy before the higher taxes on the wealthy kick in. 

Bush era tax-cuts are expiring in Dec 31, 2012, no?

In 2013, the top marginal tax rate will be 39.6% for someone making over $382,650. The tax rate you pay is set at the date you won. As long as you win in 2012, you will get the 2012 tax rate.

RJOh's avatarRJOh

Quote: Originally posted by maringoman on Nov 11, 2012

If one of my two tickets hits the jp, I am claiming it the very next day after the draw which is wayyy before the higher taxes on the wealthy kick in. 

Bush era tax-cuts are expiring in Dec 31, 2012, no?

Weren't the really good tax rates for rich people who earned their money from investments?  Lottery winners are taxed at the higher rate as people who actually worked for their money.  I would talk to a tax lawyer to get some advice on the best ways of gaming the system.

LottoBoner

Quote: Originally posted by RJOh on Nov 11, 2012

Weren't the really good tax rates for rich people who earned their money from investments?  Lottery winners are taxed at the higher rate as people who actually worked for their money.  I would talk to a tax lawyer to get some advice on the best ways of gaming the system.

 I would talk to a tax lawyer to get some advice on the best ways of gaming the system.No No

RJOh's avatarRJOh

Quote: Originally posted by LottoBoner on Nov 11, 2012

 I would talk to a tax lawyer to get some advice on the best ways of gaming the system.No No

Hit With Stick 
Is'nt that what playing the lottery is about, getting a big pay check with as little work as possible?

savagegoose's avatarsavagegoose

i dont even live in usa, and ill begetting a ticket. wish me luck everyone.

LottoBoner

Quote: Originally posted by savagegoose on Nov 11, 2012

i dont even live in usa, and ill begetting a ticket. wish me luck everyone.

 dont even live in usa, and ill begetting a ticket. wish me luck everyone.No NoRed EyesEvil

weshar75's avatarweshar75

I am thinking about winning this jackpot myself.  Thanks for letting me win it!  Hooray!-weshar75

US Flag

dpoly1's avatardpoly1

Smiley Santa Jingle $$$$$$$$$$$$$$$$$$$$$$$$$$$$

Subscribe to this news story