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$290 MILLION: Powerball lottery jackpot surges

PowerballPowerball: $290 MILLION: Powerball lottery jackpot surges
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By Todd Northrop

There was no jackpot winner in the Wednesday night drawing of the multi-state Powerball game, causing the grand prize to increase to an estimated $290 million for Saturday's drawing.

Wednesday was the 11th consecutive drawing without a jackpot winner.  The current jackpot run started June 26 as a $40 million jackpot.

The estimated cash value for the new jackpot is $168.4 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.

Even though there were no jackpot winners, 7 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from California, 1 from Connecticut, 1 from Florida, 1 from New York, 1 from Oklahoma, 1 from Oregon, and 1 from Pennsylvania.

Two of the seven second-prize winners, from Oklahoma and Oregon, purchased the Power Play option for an extra $1.  Because those two tickets were purchased with the Power Play option, they are now worth $2 million each.

The California second-prize winner will be awarded a whopping $3,095,357, because California does not award fixed prizes. By law, California awards all prizes on a pari-mutuel basis, meaning the prizes will change each drawing based on the number of tickets sold and the number of tickets that won at each prize level.  Because only one ticket won the second prize in California on Wednesday, that ticket was awarded the entire amount allotted for the second-prize level in the drawing.

Power Play is not available in California, because the fixed nature of the prize increase offered in Power Play is not compatible with California's pari-mutuel payouts.

56 tickets matched four white numbers plus the Powerball and won $10,000.  Of those tickets, 9 were purchased with the Power Play option, increasing the prize to $40,000, and 9 of the tickets were sold in California, where the prize was worth $7,775 this drawing.

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.

The Powerball winning numbers for Wednesday, July 31, were 8, 24, 39, 49, and 59, with Powerball number 5.

Following the Wednesday drawing, the Powerball annuity jackpot estimate was raised $55 million from its previous amount of $235 million. The cash value was raised by $31.9 million from its previous amount of $136.5 million.

The next Powerball drawing will take place Saturday evening at 10:59 pm EDT.

Powerball is now played in 43 states, plus the District of Columbia and the U.S. Virgin Islands. Drawings are Wednesdays and Saturdays at 11:00 p.m. Eastern Time.  Tickets cost $2 each.

A 44th Powerball state will be added in early 2014, as the state of Wyoming has approved a new state lottery with the intention of joining Powerball and other multi-state lottery games.  (See Wyoming officially becomes 44th state with a lottery, Lottery Post, Mar. 14, 2013.)

Powerball lottery results are published within minutes of the drawing at USA Mega.

Lottery Post Staff

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49 comments. Last comment 1 year ago by jamella724.
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Piaceri's avatar - sarsony1
Wannabe Won Percenter
Republic of Texas
United States
Member #57557
January 9, 2008
991 Posts
Offline
Posted: August 1, 2013, 8:31 am - IP Logged

Hyper First again! Hyper

 

PartyDanceWhite BounceBananaPartyWhite BounceDancePartyBanana

 

Good luck everyone! Cheers

face

singlewinnersinglewinnersinglewinner   

    Jon D's avatar - calotterylogo
    Los Angeles, California
    United States
    Member #103816
    January 5, 2011
    1530 Posts
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    Posted: August 1, 2013, 8:43 am - IP Logged

    Usually these kinds of articles differentiate the California pari-mutuel 2nd prize amount.

    This draw it was a whopping $3,095,357 for 1 lucky winner!

    Smash

      dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
      Oklahoma
      United States
      Member #82391
      November 12, 2009
      5273 Posts
      Offline
      Posted: August 1, 2013, 9:10 am - IP Logged

      $290 Million Woo HooBanana

      I Love Pink & Green 1908

        schmuckatelly's avatar - half planet.jpg
        Jacksonville, Florida
        United States
        Member #140369
        March 17, 2013
        159 Posts
        Offline
        Posted: August 1, 2013, 9:14 am - IP Logged

        Hyper First again! Hyper

         

        PartyDanceWhite BounceBananaPartyWhite BounceDancePartyBanana

         

        Good luck everyone! Cheers

        Well if I would have known we are playing that game, I would have been first Boxing

          schmuckatelly's avatar - half planet.jpg
          Jacksonville, Florida
          United States
          Member #140369
          March 17, 2013
          159 Posts
          Offline
          Posted: August 1, 2013, 9:17 am - IP Logged

          Woo Hoo, me and 18 other coworkers get to share $4 Jester Laugh

            dpoly1's avatar - driver
            PA
            United States
            Member #66141
            October 16, 2008
            1444 Posts
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            Posted: August 1, 2013, 9:18 am - IP Logged

            Winning this would put a very tidy sum into the bank account!

            Yes Nod

            dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! -

             

            Eschew Poverty ........... Vote Conservative!


              United States
              Member #116272
              September 7, 2011
              20244 Posts
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              Posted: August 1, 2013, 9:19 am - IP Logged

              Usually these kinds of articles differentiate the California pari-mutuel 2nd prize amount.

              This draw it was a whopping $3,095,357 for 1 lucky winner!

              Smash

              Im surprized CA hasnt found a way to KEEP the extra $2,095,357?

                Todd's avatar - Cylon 2.gif
                Chief Bottle Washer
                New Jersey
                United States
                Member #1
                May 31, 2000
                21507 Posts
                Online
                Posted: August 1, 2013, 9:22 am - IP Logged

                Usually these kinds of articles differentiate the California pari-mutuel 2nd prize amount.

                This draw it was a whopping $3,095,357 for 1 lucky winner!

                Smash

                Oops, I forgot.  The article is fixed now.

                 

                Check the State Lottery Report Card
                What grade did your lottery earn?

                 

                Sign the Petition for True Lottery Drawings
                Help eliminate computerized drawings!


                  United States
                  Member #116272
                  September 7, 2011
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                  Posted: August 1, 2013, 9:32 am - IP Logged

                  Oops, I forgot.  The article is fixed now.

                  Nice addition to the story. $7775 for the 4+1 winning tickets is not so bad. Best wishes to all those winners.

                    hearsetrax's avatar - 78638c467ef281febf24383e126f74b6

                    United States
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                    May 21, 2007
                    1839 Posts
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                    Posted: August 1, 2013, 9:32 am - IP Logged

                    Typegetting plenty fat that cat Thumbs Up

                      BuyLow's avatar - palm tree.jpg
                      Florida
                      United States
                      Member #61435
                      May 22, 2008
                      775 Posts
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                      Posted: August 1, 2013, 9:56 am - IP Logged

                      Against my better judgement I'm starting an office pool......think I came up with a good agreement will post later.......

                       

                      Good Luck!!

                       

                      Boxing

                        sully16's avatar - sharan
                        Listens to the wind

                        United States
                        Member #81740
                        October 28, 2009
                        19290 Posts
                        Offline
                        Posted: August 1, 2013, 9:57 am - IP Logged

                        Good luck everyone.

                        There's only one US Flag

                          Avatar
                          Keokuk,Iowa
                          United States
                          Member #116508
                          September 12, 2011
                          305 Posts
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                          Posted: August 1, 2013, 10:00 am - IP Logged

                          Woo Hoo, me and 18 other coworkers get to share $4 Jester Laugh

                          Thats the reason that I don't join in pools.


                            United States
                            Member #116272
                            September 7, 2011
                            20244 Posts
                            Offline
                            Posted: August 1, 2013, 10:06 am - IP Logged

                            Thats the reason that I don't join in pools.

                            Those small wins could go into a "pool party" fund???