Winning Powerball Ticket Worth $89 Million Sold in Indiana

Mar 15, 2004, 7:15 am (8 comments)

Powerball

The people that say lightning doesn't strike in the same place twice haven't spent much time in Indiana. For the fourth time in the last five months, someone from Indiana has won the Powerball jackpot.

The winning ticket holder for Saturday night's draw now has a choice to make. They can take the $89 million annuity, which will be paid out in 30 payments over 29 years. Or, they can choose the cash option worth $49.9 million. The ticket holder will have 60 days after the ticket is validated to make that decision.

On Saturday, October 25, 2003 a $190.9 million jackpot was split between two tickets; one purchased in Indiana and one in Minnesota. On Wednesday, October 29, a $10 million Powerball jackpot was claimed by one winning ticket purchased in the Hoosier state. And on Wednesday, November 5, a $12.8 million jackpot was won in Indiana.

Saturday night's $89 million draw was the 32nd Powerball jackpot win for Indiana. There have been a total of 180 jackpot winners in the history of Powerball.

In addition to the jackpot winner, 550,064 other players across the nation won a total of almost $3.7 million in prizes in America's Game.

The numbers drawn were: 11, 44, 45, 48, 50 and the Powerball was 2. The Power Play multiplier was 3.

Five players correctly matched the 5 white numbers and won $100,000. The tickets were sold in Colorado, Indiana, Kansas, South Carolina, and Wisconsin.

The winning players did not purchase the Power Play option. Had they spent an extra dollar they would have multiplied their prize by 3 for a total win of $300,000.

Thirty-eight players matched 4 white numbers plus the Powerball and won $5,000. Four of those players purchased the Power Play option, giving them a total win of $15,000.

Almost 60,000 winning Powerball players multiplied their prize by 3 Saturday. They were able to do that by purchasing the Power Play option for one dollar. With Power Play you can multiply your winnings, except for the jackpot.

This jackpot run started with the Saturday, February 7 drawing. The drawing on Saturday night was the 11th draw in this run. More than 4.2 million Powerball players across the nation have won a total of more than $34 million in cash prizes since this jackpot run started in early February.

Players purchased almost 20.6 million tickets between Thursday and Saturday night.

The jackpot for the Wednesday, March 17 drawing will be $10 million with a $5.6 million cash option.

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mayan27's avatarmayan27

 

      Its the second time around for Indiana.I think it have reach the point where i am going to move over and see what's up.I AM SERIOUS!!!!!

whodeani's avatarwhodeani

I don't think I would buy any tickets from Indiana right now. That state has had a lot of winning tickets as of late. The state will have to hit a dry spell here pretty quick.

fja's avatarfja

Like college basketball they take their lottery pretty serious in the Hoosier State, Dont they?

Todd's avatarTodd

whodeani,

I don't see it that way.  I think good gamblers see the hot streaks and hop on board.  Then, it also takes a good gambler to know when the streak has turned cold again.

I guess it's applicable to the lottery (ask anyone in Indiana), but I use that approach with my two favorite casino games: blackjack and craps.

weshar75's avatarweshar75

Each ticket bought has just the same amount of chance of winning as the next one.  If you look at the states that have consitantly won they have the lions share of the winning tickets every drawing.  Which in my opinion is bad because Oregon is not a big winning state for powerball so the chances of my state winning a jackpot are slim to none.

Todd's avatarTodd

weshar: I know that mathematically speaking you are correct.  But I have personally experienced the concept of the hot streak, so it doesn't always pay to think like a computer!

whodeani's avatarwhodeani

Todd,

Point well t

fja's avatarfja
Quote: Originally posted by Todd on March 16, 2004


weshar: I know that mathematically speaking you are correct.  But I have personally experienced the concept of the hot streak, so it doesn't always pay to think like a computer!




I tend to agree with the concept of the hot streak, cold streak.  If you take New York as an example. between may 2002 and may 2003 they rattled off 6 megamillion jackpot winners, they've been dry since then, however they continue to be the front runners in 2nd teir prizes by almost 3X any other state since may 2002!  would you call that a Cold Streak?

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