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$301 MILLION: Huge Powerball jackpot on tap for this week

PowerballPowerball: $301 MILLION: Huge Powerball jackpot on tap for this week
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By Todd Northrop

This week Powerball will be the hot ticket, featuring a jackpot larger than any other United States lottery drawing in more than seven months.

The new high-water mark of $301 million for the current Powerball jackpot was achieved after no winning tickets were sold for Saturday night's $267 million grand prize.

The lump-sum cash payout value of Saturday's Powerball jackpot is $191.4 million — the 19th-largest ever recorded in United States lottery history.

Players looking to calculate what they would receive after the initial federal and state tax withholdings can find it all pre-calculated for each Powerball jurisdiction on the Jackpot Analysis page at USA Mega, a web site devoted to the Powerball and Mega Millions multi-state lottery games.

The largest Powerball jackpot ever awarded was on May 18, 2013, when Gloria C. MacKenzie of Zephyrhills, Florida, held the solitary winning ticket for a grand prize worth nearly $600 million (see Winner of record $590.5 million Powerball lottery jackpot announced, Lottery Post, June 5, 2013).

The mammoth prize is the result of 16 consecutive draws without a winner.  The run-up started as a $40 million prize on Aug. 5.

The winning numbers for Saturday, September 26, 2015 were 23, 31, 42, 50, and 57, with Powerball number 5.  The Power Play number was 3.

Even though nobody won the jackpot Wednesday, 8 lucky players matched the first 5 numbers for a $1,000,000 prize: 1 from Florida, 1 from Massachusetts, 2 from Missouri, 1 from New Jersey, 1 from New York, 1 from Oklahoma, and 1 from Virginia.

None of the second-prize winners purchased the Power Play option.  If they had, their second-prize win would have been automatically doubled to $2 million.

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.  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.

47 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 $20,000, and 7 of the tickets were sold in California, where the prize was worth $8,066 this drawing.

Following the Wednesday drawing, the Powerball annuity jackpot estimate was raised $34 million from its previous amount of $267 million. The cash value was raised by $22.4 million from its previous amount of $169 million.

The next Powerball drawing will take place Wednesday day night 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 44 states, plus the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.  Drawings are Wednesdays and Saturdays at 10:59 p.m. Eastern Time.  Tickets cost $2 each.

Powerball lottery results are published within minutes of the drawing at USA Mega (www.usamega.com).  The USA Mega Web site provides lottery players in-depth information about the United States's two biggest multi-state lottery games, Mega Millions and Powerball.

Lottery Post Staff

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66 comments. Last comment 1 year ago by megan81.
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sully16's avatar - sharan
Ringleader
Michigan
United States
Member #81740
October 28, 2009
40248 Posts
Online
Posted: September 27, 2015, 8:34 am - IP Logged

nice, good luck everybody. Hyper

Did you exchange a walk on part in the war ?

For a lead role in a cage?

 

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    New Member

    United States
    Member #135236
    November 19, 2012
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    Posted: September 27, 2015, 8:38 am - IP Logged

    Yawn, who cares. Most people are so poor that the default jackpot might as well be 100 million. If your living paycheck to paycheck what is the difference between 20 million and 100 million.

      Todd's avatar - Cylon 2.gif
      Chief Bottle Washer
      New Jersey
      United States
      Member #1
      May 31, 2000
      23258 Posts
      Offline
      Posted: September 27, 2015, 8:49 am - IP Logged

      Yawn, who cares. Most people are so poor that the default jackpot might as well be 100 million. If your living paycheck to paycheck what is the difference between 20 million and 100 million.

      Isn't it great that state lotteries offer lots of smaller in-state games in addition to the huge multi-state games?  That way people who "yawn" at $300 million jackpots have lots of "exciting" smaller options to play.

       

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

       

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

        JADELottery's avatar - MeAtWork 03.PNG
        The Quantum Master
        West Concord, MN
        United States
        Member #21
        December 7, 2001
        3675 Posts
        Offline
        Posted: September 27, 2015, 8:55 am - IP Logged

        Isn't it great that state lotteries offer lots of smaller in-state games in addition to the huge multi-state games?  That way people who "yawn" at $300 million jackpots have lots of "exciting" smaller options to play.

        Agreed.

        We been on an All or Nothing kick here in MN for the past few weeks.

        Been coming up with all kinds of interesting methods and theories of play.

        Presented 'AS IS' and for Entertainment Purposes Only.
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        Use at your own risk.

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        Jehocifer

          zephbe's avatar - animal butterfly.jpg
          South Carolina
          United States
          Member #77167
          July 15, 2009
          554 Posts
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          Posted: September 27, 2015, 9:10 am - IP Logged

          Agreed.

          We been on an All or Nothing kick here in MN for the past few weeks.

          Been coming up with all kinds of interesting methods and theories of play.

          I'm trying to win Palmetto Cash 5 myself.  A little 5/38 game but it would help me.

            Raven62's avatar - binary
            New Jersey
            United States
            Member #17843
            June 28, 2005
            49610 Posts
            Online
            Posted: September 27, 2015, 9:24 am - IP Logged

            May the Odds and Evens Be With You!

            A mind once stretched by a new idea never returns to its original dimensions!

              dpoly1's avatar - driver
              PA
              United States
              Member #66141
              October 16, 2008
              1672 Posts
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              Posted: September 27, 2015, 9:29 am - IP Logged

              Nice Jackpot!

               

              Cool

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

               

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

                savagegoose's avatar - ProfilePho
                adelaide sa
                Australia
                Member #37136
                April 11, 2006
                3300 Posts
                Offline
                Posted: September 27, 2015, 9:34 am - IP Logged

                what happens if it  keeps rolling till after oct 3rd? then it gets harder to win and keeps on stacking for longer?

                2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

                keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297

                  Avatar
                  NEW YORK
                  United States
                  Member #90535
                  April 29, 2010
                  11974 Posts
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                  Posted: September 27, 2015, 9:59 am - IP Logged

                  Isn't it great that state lotteries offer lots of smaller in-state games in addition to the huge multi-state games?  That way people who "yawn" at $300 million jackpots have lots of "exciting" smaller options to play.

                  "You may want to think twice before plunking down even a paltry $2 to play Powerball this coming October, the 36-state lottery. LoHud.com reports that the odds of winning the top prize – historically anywhere from $2 million to $600 million -- will jump from 1 in 175,223,510 to 1 in 292,201,338." http://finance.yahoo.com/news/powerball-rules-harder-win-big-000500142.html

                  US Flag

                  PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

                    Romancandle's avatar - moon
                    Upacreek
                    United States
                    Member #136306
                    December 8, 2012
                    428 Posts
                    Offline
                    Posted: September 27, 2015, 10:25 am - IP Logged

                    Wow it's been seven months since the last big one...

                    The pump has been primed for the new matrix change roll out... If this keeps rolling thru that change could we see the first billion $ jackpot?

                    -RC

                      Todd's avatar - Cylon 2.gif
                      Chief Bottle Washer
                      New Jersey
                      United States
                      Member #1
                      May 31, 2000
                      23258 Posts
                      Offline
                      Posted: September 27, 2015, 11:24 am - IP Logged

                      "You may want to think twice before plunking down even a paltry $2 to play Powerball this coming October, the 36-state lottery. LoHud.com reports that the odds of winning the top prize – historically anywhere from $2 million to $600 million -- will jump from 1 in 175,223,510 to 1 in 292,201,338." http://finance.yahoo.com/news/powerball-rules-harder-win-big-000500142.html

                      I have no idea what that has to do with my comment about smaller in-state games. 

                      And we all know that the Powerball odds will be getting harder for the top prize — although easier to win a lower-tier prize — because Lottery Post ran the story I wrote back in July:  https://www.lotterypost.com/news/291521.  That Yahoo story you linked is pretty much just a fluff-piece, and as I pointed out in July, it contains bad data that was obtained from a poor website.

                       

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

                       

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

                        rcbbuckeye's avatar - Lottery-043.jpg
                        Texas
                        United States
                        Member #55889
                        October 23, 2007
                        5586 Posts
                        Offline
                        Posted: September 27, 2015, 12:54 pm - IP Logged

                        I've said it before, but even second prize is life changing. After the change, it will be 1 in 11+ million to win a million dollars. My state lotto is 1 in 25+ million. Granted, that jackpot is over 20 million right now, but it starts at 5 million annuity, or around 3.5 million cash.

                        $2 is not that much money for a shot at 1 million dollars, or 300 million.

                        CAN'T WIN IF YOU'RE NOT IN

                        A DOLLAR AND A DREAM (OR $2)

                          Avatar
                          Grove City,Ohio
                          United States
                          Member #125421
                          March 28, 2012
                          40 Posts
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                          Posted: September 27, 2015, 1:45 pm - IP Logged

                          The Bigger the better, it will go 350,000,000.00 by Tuesday, if it rolls again who knows maybe 450/500. Could Be

                            Drenick1's avatar - villiarna
                            USA
                            United States
                            Member #152799
                            February 25, 2014
                            1090 Posts
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                            Posted: September 27, 2015, 2:43 pm - IP Logged

                            Yawn, who cares. Most people are so poor that the default jackpot might as well be 100 million. If your living paycheck to paycheck what is the difference between 20 million and 100 million.

                            The $100 million you are yawning about is actually the true take home amount that a single winner in a state like NY or NJ  would net. A $301 million jackpot is nothing more than a fictitious mirage and the true lump sum cash value is actually about one third of an advertised jackpot annuity.