Single winner of top prize to collect $421 million.
(Photo courtesy WLS-TV)
A winning lottery ticket was purchased in Tennessee yesterday, and while the winnings were not exactly a record, someone is the holder of a Powerball ticket worth $421 million, according to AOL.com.
As of this writing, the lucky winner had not yet come forward to claim the prize, which has been growing since September 17, the last time a ticket containing all six numbers was purchased.
The top prize jumped from $403 million to $420.9 million due to late ticket purchases on Saturday alone.
The Winning numbers were 17, 19, 21, 37, and 44, with the Powerball number 16.
Lottery officials said the prize could be paid out over a 30-year annuity, but included an option to take a lump sum, valued at about $254.7 million. Winners are subject to a 39.6 percent federal income tax as well as any state taxes.
Powerball is one of a group of games handled by the Multi-State Lottery Association, a non-profit group made up of member states’ lotteries. Tickets can be purchased in 44 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Those wishing to play can select their own numbers, or have a computer-generated set of numbers picked for them.
The drawings are held on Wednesday and Saturday nights at 10:59 ET. Officials say the odds of winning the top prize are 1:292,201,338, but add you cannot win if you don’t purchase a ticket.
The record prize is a winning set of numbers that were shared by ticket holders in California, Florida and Tennessee, initially worth $1.6 billion, on January 13, 2016.
A single winner in Florida recorded a prize of $590.5 million on May 18, 2013.