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.
Good luck everyone!
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!
$290 Million Woo Hoo
Well if I would have known we are playing that game, I would have been first
Woo Hoo, me and 18 other coworkers get to share $4
Winning this would put a very tidy sum into the bank account!
Im surprized CA hasnt found a way to KEEP the extra $2,095,357?
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.
Against my better judgement I'm starting an office pool......think I came up with a good agreement will post later.......
Good Luck!!
Good luck everyone.
Thats the reason that I don't join in pools.
Those small wins could go into a "pool party" fund???
how did you get this number
It is the Right Time for me,
I want to buy a house now and some nice furniture to enjoy life!!!
It all averages out in the long run, but July has been a very good month for several California players who won the bigger prizes.
The July 13th drawing paid $2,623,314 to a single 5+0 winner.
A couple of drawings resulted in 5 and 6 winners who only got $5,405 and $5,250, but most of the drawings turned out very nicely for the 4+1 winners:
1 @ $53,211
2 @ $22,073
4 @ $10,452
1 @ $36,654
1 @ $28,353
1 @ $26,478
All told there were 30 4+1 winners in July, and the payout averaged $11,971.67.
Time to enact "maximum pay-out" laws, and hire more government workers in CA.
I found it above the "T" on my keyboard.
No need to win the lottery to get a house and furniture. Just get a BETTER job.
http://www.usamega.com/
Saturday when I win this Powerball ......and it says $117 million after
federal and state.
Your net payout: $117,880,000.........that will be the amount I'll recieve?
These teaser jackpots get the adrenaline going. I look forward to playing this Saturday with the hopes of " sharing the jackpot" with whoever chooses the same numbers as myself.
Wishes..always.
* Slight typo in 3rd paragraph from the bottom Todd.You left Saturday out.
Peace.
Thats what we do. Currently 19 people in the pool, we do not each get $1 back, then all the money goes back into the pool to purchase additional tickets along with our normal tickets
But
You will own around 14% in additional Federal Income Taxes unless you mitigate that tax burden
Everyone who plays thinks it's the right time for them and no one else is more deserving of a win, that's the reason so many players feel down and rejected when the jackpots are won.
I hope this jackpot continues to roll.
rjoh >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
but, many people have lost job's in last 8 year's & R not NORMAL
TIME's R not NORMAL!!!!people get rejected everyday when they
look 4 a JOB!!!!!!!!!apply 4 food stamps!!!!!!!!!housing assistance!
PEOPLE R NOT NORMAL>>N>>2013>>!!!!!!>middle class GONE!!
yes there will be another 14% for federal income tax. Yes, you can lower your effective tax rate with tax deductions like giving money to charity but keep in mind tax deductions will not lower your tax burden dollar for dollar like tax credits.
I would like to win this jackpot with a $3 ticket from Circle K or $2 million. Which ever comes first and I do not mind either way as long as I am a winner on saturday been in a dry spell for wins lately. But that would make up for it in a big way. Good luck to all!-weshar75
Thank U>>>>HRTX: (no one ever agree's with Psykomo)
Tell it to someone who cares like the politicians, it their jobs to care.
I hope to win anything. PB is one tough cookie. It's been weeks since my last win
Thanks, fixed.
brees2012,
"Saturday when I win this Powerball "......
But you told everyone you would win it this past Wednesday.
Anyone thinking about why Powerball jackpot soars so high each time... when the price of the ticket was increased by a $1.00 to decrease the odds. 11 draws and no one has won the jackpot... where is the extra dollar going and why the increase.
THINK ABOUT IT
I've already came up wth my numbers!! Ready to roll!!
Glad there's PB... Something to get excited about!
MM
hg:
gull's>>>>>>>>>>have "SEXY">>>>>eye'ssss!
What's the frequency, Kenneth?
You're so dang cute Piaceri!
"(no one ever agree's with Psykomo) "
I always agree with psykomo.
Give peas a chance.
If anyone whose reading your post wins even a small part of the PB Jackpot Cupcake10- l doubt they would be asking " where is the extra dollar going and why the increase."
THINK ABOUT THAT..
I didn't play lottery Wednesday .......
That could be the clue that solves the mystery.
"Lottery players seeking to check the winning numbers Saturday night are urged to use USA Mega"
DUH!!! Why would anyone go elsewhere for his/her lottery information?
Yeah, I agree. Always accurate and timely.
Wow $290 million is such a huge amount of prize. I wonder what the future winner will do to this prize. I should apply all the strategies I know to get this jackpot.