$208 MILLION: Massive Powerball jackpot to be drawn Wednesday

Feb 5, 2013, 7:48 am (143 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 $208 million for Wednesday's drawing.

Saturday was the 11th consecutive Powerball drawing without a jackpot winner.  The jackpot run started Dec. 29 as a $40 million jackpot.

The estimated cash value for the new jackpot is $130.7 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, 7 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from Idaho, 1 from Massachusetts, 2 from New York, 1 from Pennsylvania, 1 from Texas, and 1 from Washington.

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.

43 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, February 2, were 11, 16, 33, 40, and 41, with Powerball number 34.

Following the Saturday drawing, the Powerball annuity jackpot estimate was raised $32 million from its previous amount of $176 million. The cash value was raised by $19.1 million, from its previous amount of $111.6 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. California will become Powerball's 43rd participating state when tickets go on sale in the state on April 8, 2013.

Powerball 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

BuyLow's avatarBuyLow

I'm ready to bring this win home to Florida!!  Come on Lady Luck, daddy needs some new shoes....lol!!

helpmewin's avatarhelpmewin

Come on Lottery let the people WIN that Money.Hurray!

 

 

 

Good Luck everyoneLep

dallascowboyfan's avatardallascowboyfan

$208 Million sounds good to me......DanceBananaWhite Bounce

maximumfun's avatarmaximumfun

Quote: Originally posted by dallascowboyfan on Feb 5, 2013

$208 Million sounds good to me......DanceBananaWhite Bounce

I Agree!... come on little rhodie!  win one for ... well... for me! 

 

well ok... if its not my turn then lettle dallas win

noise-gate

Nothing like a brand new pair of shoes. But honestly- that kind of cash is mind boggling and to think that some folk have burned through millions of $$$$  and ended up bankrupt is beyond me.

** May fortune smile down on you.

dpoly1's avatardpoly1

I wagered my $2, so, here, we, go .................

Dance

mightwin's avatarmightwin

Its about time it has gotten up there finally. What were those jackpot winners thinking winning it in december again and again, and not letting it get past $50 million..............lol

RedStang's avatarRedStang

Hard to believe but this amount use to cause a media frenzy. Now 208 mill is barely mentioned.

HaveABall's avatarHaveABall

This cash value amount is VERY stimulating to me! Dance

Jill34786's avatarJill34786

Good luck to everyone for this Wednesday's drawing. If you live in a state that doesn't have state income tax then $73 million net (after 39.6% Federal and 3.8% Obamacare tax) should take real care of you and your family. If New Jersey is your home state, then a tad over $59 million will be your net cash amount.

On a side note, the winner can minimize their tax obligations if he/she were to donate a substantial amount to their favorite charities Smile

LottoGuyBC's avatarLottoGuyBC

Show me the $$$$$$$$ Hurray!

mightwin's avatarmightwin

Quote: Originally posted by Jill34786 on Feb 5, 2013

Good luck to everyone for this Wednesday's drawing. If you live in a state that doesn't have state income tax then $73 million net (after 39.6% Federal and 3.8% Obamacare tax) should take real care of you and your family. If New Jersey is your home state, then a tad over $59 million will be your net cash amount.

On a side note, the winner can minimize their tax obligations if he/she were to donate a substantial amount to their favorite charities Smile

What's this extra 3.8%? Wasn't the increase to 39% enough?!

Jill34786's avatarJill34786

Quote: Originally posted by dpoly1 on Feb 5, 2013

I wagered my $2, so, here, we, go .................

Dance

Good luck dpoly! a $98 million wire transfer to your bank should put a smile on your face if lady luck is looking upon you Smile.  Just don't forget to put aside another $25 million or so for additional Federal and Obamacare taxesWink

Jill34786's avatarJill34786

Quote: Originally posted by mightwin on Feb 5, 2013

What's this extra 3.8%? Wasn't the increase to 39% enough?!

The 3.8% Obamacare tax is added to any earned or unearned income over 250k. If you win, just be glad that you are contributing your "fair share" so that the ones who don't won't classify you as evil.

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