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$300 MILLION: Massive Powerball jackpot fuels New Year's dreams

PowerballPowerball: $300 MILLION: Massive Powerball jackpot fuels New Year's dreams
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By Todd Northrop

Lottery players looking to start off 2016 by with a bang might want to consider purchasing a Powerball ticket this week.

For only the third time this year, the multi-state Powerball lottery jackpot has crossed the $300 million level, which traditionally triggers a substantial up-tick in lottery ticket sales.

Wednesday's $300 million jackpot was achieved after no winning tickets were sold for Saturday night's $255 million grand prize.

The lump-sum cash payout value of Saturday's Powerball jackpot is $184.2 million — the 21st-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).

Wednesday's grand prize is the result of 15 consecutive draws without a winner.  The run-up started as a $40 million prize on Nov. 7.

The winning numbers for Saturday, December 26, 2015 were 27, 40, 44, 59, and 65, with Powerball number 20.  The Power Play number was 2.

In addition to the jackpot remaining intact Saturday night, there were also no second prize winners of $1,000,000. Second prize is won by matching the first five numbers but not the Powerball number.

21 tickets matched four white numbers plus the Powerball and won $50,000.  Of those tickets, 1 was purchased with the Power Play option, increasing the prize to $100,000.

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.

Following the Saturday drawing, the Powerball annuity jackpot estimate was raised $45 million from its previous amount of $255 million. The cash value was raised by $25.8 million from its previous amount of $158.4 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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87 comments. Last comment 1 year ago by RedStang.
Page 1 of 6

United States
Member #106134
February 13, 2011
806 Posts
Offline
Posted: December 27, 2015, 6:18 pm - IP Logged

Everyone is cursed with "can't win" I expect this to roll to $1,000,000,000!

    hearsetrax's avatar - 0118

    United States
    Member #52345
    May 21, 2007
    2678 Posts
    Offline
    Posted: December 27, 2015, 6:31 pm - IP Logged

    Everyone is cursed with "can't win" I expect this to roll to $1,000,000,000!

    should be a good win for somebody or an even more curious start for the new year Party

    best of luck every one

      music*'s avatar - nw bookeep.jpg
      Happy California
      United States
      Member #157856
      August 2, 2014
      1547 Posts
      Offline
      Posted: December 27, 2015, 6:38 pm - IP Logged

      When I win it I will follow Will Rogers' advice,"I am more concerned about the return of my money than the return on it."  I will invest $50,000,000.00 of the Lump Sum into CDARS. Look at it on CDARS.com 

       Good Luck to all LP Members and Staff!! Come on and win it.Party

       Chi ha danari, trova cugini. (He who has money finds many cousins.) Italian proverb

        noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
        Bay Area - California
        United States
        Member #136477
        December 12, 2012
        4144 Posts
        Offline
        Posted: December 27, 2015, 6:43 pm - IP Logged

        This is the perfect time to hit it!

        Make it happen California. 

        People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

          rcbbuckeye's avatar - Lottery-043.jpg
          Texas
          United States
          Member #55889
          October 23, 2007
          5741 Posts
          Offline
          Posted: December 27, 2015, 6:50 pm - IP Logged

          should be a good win for somebody or an even more curious start for the new year Party

          best of luck every one

          Green laugh

          Dang hearsetrax!

          That was perfect!

          CAN'T WIN IF YOU'RE NOT IN

          A DOLLAR AND A DREAM (OR $2)

            weshar75's avatar - Lottery-042.jpg
            Mcminnville, Oregon
            United States
            Member #3013
            December 13, 2003
            3090 Posts
            Offline
            Posted: December 27, 2015, 7:02 pm - IP Logged

             I would like to split this jackpot with my mother so we can have a nice party.  Of course I can share with someone else too and my mother for a three way split $150 million for me and mom and $150 million for someone else.-weshar75

            US Flag

              Teddi's avatar - Lottery-008.jpg

              United States
              Member #142499
              May 13, 2013
              1203 Posts
              Offline
              Posted: December 27, 2015, 7:04 pm - IP Logged

              Green laugh

              Dang hearsetrax!

              That was perfect!

              I Agree! I was thinking the same thing. Perfect response to a stupid comment.

              Good luck to everyone!!!!!! It would be a fantastic way to ring in the new year

              I might wake up early and go running.  I might also wake up and win the lottery.

              The odds are about the same.

                realtorjim's avatar - images q=tbn:ANd9GcT7U3t20NgScoPlxOqLT6TR0vQeJNBV3_tTswe1XeFDTsdw3NLZ

                United States
                Member #106923
                February 27, 2011
                479 Posts
                Offline
                Posted: December 27, 2015, 7:20 pm - IP Logged

                 I would like to split this jackpot with my mother so we can have a nice party.  Of course I can share with someone else too and my mother for a three way split $150 million for me and mom and $150 million for someone else.-weshar75

                US Flag

                Make sure you get a notarized statement BEFORE the drawing stating you and your mother have equal shares in the ticket, and each of you have contributed half the cost of the tickets.  Else the IRS may be saying what you give your mother is a gift and invoke the EXTREMELY high gift tax rate.  This is AFTER it has  already been taxed to YOU as income.

                  I'm feeling a jackpot win coming my way!

                  music*'s avatar - nw bookeep.jpg
                  Happy California
                  United States
                  Member #157856
                  August 2, 2014
                  1547 Posts
                  Offline
                  Posted: December 27, 2015, 7:25 pm - IP Logged

                  weshar75, I have found that when I sleep on an irreversible decision I make a better one  the next day.

                   Good Luck to you and I hope there is a win it for Oregon and yourself.

                   I agree with realtorJim. You could use legal counsel.

                   Chi ha danari, trova cugini. (He who has money finds many cousins.) Italian proverb


                    United States
                    Member #106134
                    February 13, 2011
                    806 Posts
                    Offline
                    Posted: December 27, 2015, 8:29 pm - IP Logged

                    I Agree! I was thinking the same thing. Perfect response to a stupid comment.

                    Good luck to everyone!!!!!! It would be a fantastic way to ring in the new year

                    Hearse trax has always been my #1 hater for no good reason.

                    That was a smart comment too, rolling to $2,000,000,000 wouldn't even shock me with this one.

                      travelintrucker's avatar - morph
                      Greenville, SC
                      United States
                      Member #169870
                      November 4, 2015
                      374 Posts
                      Offline
                      Posted: December 27, 2015, 9:00 pm - IP Logged

                      Billion dollars before February? It's getting pretty exciting!

                      May the balls bounce in your favor!

                        Groppo's avatar - cat anm.gif

                        United States
                        Member #162631
                        January 7, 2015
                        537 Posts
                        Offline
                        Posted: December 27, 2015, 10:58 pm - IP Logged

                        When I win it I will follow Will Rogers' advice,"I am more concerned about the return of my money than the return on it."  I will invest $50,000,000.00 of the Lump Sum into CDARS. Look at it on CDARS.com 

                         Good Luck to all LP Members and Staff!! Come on and win it.Party

                        Well, I'm not sure I follow it in detail, all the way, but something tells me it's a good thing.

                          sully16's avatar - sharan
                          Ringleader
                          Michigan
                          United States
                          Member #81740
                          October 28, 2009
                          41845 Posts
                          Offline
                          Posted: December 27, 2015, 11:01 pm - IP Logged

                          Everyone is cursed with "can't win" I expect this to roll to $1,000,000,000!

                          I expect Michigan to clean house on this one. Hyper Hurray! Dance

                           HyperBe Happy.

                            mypiemaster's avatar - 2015021003pileofcash
                            JACKPOT HUNTER

                            United States
                            Member #141034
                            April 2, 2013
                            1419 Posts
                            Offline
                            Posted: December 27, 2015, 11:03 pm - IP Logged

                            About time somebody from LP won this thing. It is way overdue.

                            Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

                            Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****