After taxes, the $1.9 billion Powerball jackpot comes to about $555,360,115.
INDIANAPOLIS — It's the biggest Powerball ever at an estimated $1.9 Billion. The chances of winning it? One in 292 million.
Taxes
The estimated Powerball prize is $1.9 billion, but the cash value is $929 million.
But before you start your mental spending, Uncle Sam and a few others will want their shares first.
If you take the $929 million lump sum payment, federal taxes will knock your winnings down to $585,370,045 according to the USA Mega.
Then, Indiana will stick its hand in the pot bringing the amount down to $555,360,115.
Marion County resident? Subtract another 2.02%.
That leaves you with an estimated $536,592,295.
As for other taxes, the state's Department of Revenue said, "Lottery winnings would simply be taxed as income — there are no additional taxes collected on those earnings that wouldn’t apply to income earned from any other means."
Quick Pick vs. Picking Your Powerball Numbers
When it comes to quick pick tickets, or the machine picking your numbers, the Multi-State Lottery Association said:
“With the data available, roughly 80% of Powerball jackpot-winning tickets are quick picks. The reason the percentage is so high is because the majority of purchases are quick picks. If the majority of players selected their own numbers, we would expect to see a higher percentage of manual picks.”
If you want to pick your own numbers, the main numbers drawn most often since 2015 include 61, 32, 63, 21 & 69 according to lottonumbers.com.
The numbers drawn the least often since 2015 include 35, 26, 13, 4 and 24.
FAQs
The main number that has been drawn the least number of times during the last eight years is 13. The number had only been drawn 50 times. As for the red Powerball, one number holds the least-drawn spot: 15, drawn just 27 times in the past eight years.
What numbers hit the least in Powerball? ›
As for the least common numbers pulled, the least common white ball numbers have been 13, 34, 49, 26, 25, 4, 29, 46, 35, 60, 51, 65, 48, 7, 24, 43, 5, and 1. For the Powerball drawing, the least common winning red ball number is 15.
Which Powerball numbers hit the most? ›
Most common main numbers
- 21: Drawn 83 times.
- 36: Drawn 82 times.
- 23: Drawn 80 times.
- 63: Drawn 80 times.
- 69: Drawn 79 times.
- 39: Drawn 77 times.
- 62: Drawn 75 times.
- 59: Drawn 75 times.
Here are the least popular numbers for those contrarians in the crowd: 35, 65, 50, 51, and 49. The least popular Megaball number is 8.
What are the 5 most drawn Powerball numbers? ›
The most drawn Powerball numbers have been 4, 23, 3, 25, and 14. While there have been 36 consecutive drawings without a jackpot winner, some numbers haven't been drawn at all. That includes 8, 13, 14, 22, 27, and 40 from the main pool, and 9, 10, 15, 16, 21, and 22 for the red Powerball.
What are the 5 most common Powerball numbers 2023? ›
Here are the luckiest Powerball numbers of 2023
- Drawn 11 times: 2, 58.
- Drawn 10 times: 21, 24, 36, 47.
- Drawn 9 times: 31, 38, 68.
If you have some extra funds to spare, there is a simple way to improve your odds: buying more tickets. Buying 100 tickets, for example, would cut your odds to about 1 in 2.92 million instead of 1 in 292.2 million, Andrew Perry, a professor at Springfield College explained to Nexstar's WWLP.
Do quick picks ever win the Powerball? ›
Quick Pick vs.
When it comes to quick pick tickets, or the machine picking your numbers, the Multi-State Lottery Association said: “With the data available, roughly 80% of Powerball jackpot-winning tickets are quick picks. The reason the percentage is so high is because the majority of purchases are quick picks.
Is there a pattern to Powerball numbers? ›
There is no wrong way to choose Powerball numbers. There's also no magic formula to pick the winning numbers. But ... we went back and looked at the winning numbers for every drawing since the jackpot started at $20 million in April. We didn't find a particular pattern.
Is there a trick to winning the lottery? ›
“The only way to really increase the odds of winning any lottery is to buy more tickets. The more tickets you buy, the more chances you have to win,” Kapoor said. “I've seen it all and those tips are usually technically true but useless, or are just not true,” said Lesser, who maintains a website on lottery literacy.
Here are the white Powerball numbers that have been drawn the most in 2023:
- Drawn 12 times: 2.
- Drawn 11 times: 58.
- Drawn 10 times: 9, 21, 24, 36, 47.
- Drawn nine times: 17, 23, 31, 38, 43, 66, 68.
Being Killed by a Shark
Even though dying from a shark attack is rare, your chances of winning the lottery are even rarer. According to the International Shark Attack File, your odds of dying from a “Jaws” moment is 1 in 3.7 million.
What is the least picked Mega Ball number? ›
As for the Mega Ball, one number holds the least-drawn spot: 8, drawn just 16 times in the past six years. It's been more than 220 days since 8 was drawn as the Mega Ball.
Are most Powerball winners easy pick? ›
Picking Your Powerball Numbers. When it comes to quick pick tickets, or the machine picking your numbers, the Multi-State Lottery Association said: “With the data available, roughly 80% of Powerball jackpot-winning tickets are quick picks.
What are the 9 ways to win Powerball? ›
To win, match one of the 9 Ways to Win:
- 5 white balls + 1 red Powerball = Grand prize.
- 5 white balls = $1 million.
- 4 white balls + 1 red Powerball = $50,000.
- 4 white balls = $100.
- 3 white balls + 1 red Powerball = $100.
- 3 white balls = $7.
- 2 white balls + 1 red Powerball = $7.
- 1 white ball + 1 red Powerball = $4.
