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powerball

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Articles tagged with powerball

KTSM•Dec 26

Understanding the Real Take-Home Amount for Powerball Winners in El Paso

El Paso residents are curious about the actual winnings from the recent $1.8 billion Powerball jackpot. While the headline figure is enticing, the amount a winner takes home can be significantly lower due to taxes and other deductions. Depending on the winner's choice between a lump sum or annuity payments, they could receive approximately $800 million after federal taxes. This information is crucial for potential winners to understand the financial implications of their lottery success.

Community taxes finance
1 min read
KTSM•Dec 26

Arkansas Ticket Claims Record $1.8 Billion Powerball Jackpot

A single ticket sold in Arkansas has won the staggering $1.8 billion Powerball jackpot, marking one of the largest lottery prizes in history. This win highlights the growing excitement around the lottery, as eight additional tickets matched all five white balls, each earning a $1 million prize. The jackpot's size has drawn attention nationwide, prompting many to consider their chances of winning. Residents are encouraged to check their tickets as the drawing results could impact them significantly.

Community lottery powerball
1 min read
KTSM•Dec 26

Arkansas Ticket Hits $1.8 Billion Powerball Jackpot, Other Winners Identified

A ticket purchased in Arkansas has won the staggering Powerball jackpot of $1.8 billion, marking one of the largest lottery prizes in history. Alongside this monumental win, eight additional tickets matched all five white balls, each securing a $1 million prize. This significant event highlights the life-changing potential of lottery winnings, affecting not just the jackpot winner but also those who matched the secondary prize. Residents are encouraged to check their tickets as the winning numbers could bring substantial financial gains.

Community lottery powerball
1 min read
KVIA•Dec 26

Arkansas Powerball Winner's $1.8 Billion Jackpot Sparks Anonymity Debate

A Powerball ticket sold in Cabot, Arkansas, has won an estimated $1.8 billion, marking the second-largest jackpot in U.S. history. The winner matched all six numbers in the recent drawing, but under Arkansas law, their identity can remain anonymous for up to three years. This law aims to protect winners from safety concerns and financial pressures that often accompany sudden wealth. Experts advise winners to seek financial and legal counsel to manage their newfound fortune wisely. The next Powerball drawing is scheduled for Saturday at 10:59 p.m. ET, continuing the excitement for lottery players.

Community lottery powerball
1 min read
KTSM•Dec 25

Powerball Jackpot Reaches $1.7 Billion: Winning Numbers Announced

The Powerball jackpot has soared to an impressive $1.7 billion, with the winning numbers recently revealed. This massive prize could change someone's life, especially with the draw taking place just before Christmas. The excitement surrounding the lottery is palpable, as many hope to celebrate the holiday season with newfound wealth. Residents are encouraged to check their tickets and stay updated on the latest lottery news.

Community christmas lottery
1 min read
KTSM•Dec 24

Understanding the Post-Tax Payout for El Paso's $1.7B Powerball Jackpot

El Paso residents are buzzing about the recent $1.7 billion Powerball jackpot, raising questions about the post-tax payout amounts. Depending on their state, winners can expect significantly different amounts after taxes are deducted. For Texas residents, the lump-sum payout is approximately $1.1 billion, which could allow for extravagant purchases or investments. This massive jackpot not only excites potential winners but also highlights the economic impact of lottery winnings in the community. Residents are encouraged to consider the tax implications before claiming any prizes.

Community taxes finance
1 min read
KVIA•Dec 24

Powerball Jackpot Reaches $1.7 Billion Ahead of Christmas Draw

The Powerball jackpot has soared to an estimated $1.7 billion for the upcoming drawing on Wednesday, following a vacant prize on Monday night. This amount marks the fourth largest jackpot in Powerball history and the second largest this year, with the previous record being $1.787 billion shared by winners in Missouri and Texas. Players can purchase tickets for $2, but the odds of winning the grand prize are 1 in 292.2 million. Winners can choose between an annualized payment plan or a lump sum, but taxes will reduce the total payout. The drawing occurs every Monday, Wednesday, and Saturday at 10:59 PM ET.

Community christmas lottery
1 min read
KTSM•Dec 23

Powerball Jackpot Reaches $1.7 Billion as No Winners Emerge

The Powerball jackpot has surged to an impressive $1.7 billion after the latest drawing yielded no jackpot winners. While there were no $2 million winners, several players across various states did secure $1 million prizes. This significant increase in the jackpot highlights the growing excitement and anticipation among lottery players, especially in El Paso, where residents are encouraged to participate in the next drawing. The next chance to win will be on Saturday, making it a prime opportunity for those hoping to strike it rich.

Community el-paso lottery
1 min read
KTSM•Dec 23

Powerball Jackpot Reaches $1.7 Billion Following Latest Draw

The Powerball jackpot has soared to an astonishing $1.7 billion after the latest drawing resulted in no winners for the top prize. While there were no $2 million winners, several players across different states did secure $1 million prizes. This massive jackpot is significant for El Paso residents, as it presents a rare opportunity for life-changing winnings. Players are encouraged to participate in the next drawing, which continues to build excitement and anticipation among lottery enthusiasts.

Community el-paso lottery
1 min read
KTSM•Dec 23

El Paso Residents Hopeful as $1.6 Billion Powerball Numbers Are Drawn

The latest Powerball drawing has revealed the winning numbers for a staggering $1.6 billion jackpot, igniting excitement among El Paso residents. This massive prize could significantly impact the lives of the winner, providing financial freedom and the ability to fulfill dreams. As the holiday season approaches, many are hoping to start it off with a life-changing win. Players are encouraged to check their tickets and stay tuned for any announcements regarding the jackpot's winner.

Community el-paso holidays
1 min read
KTSM•Dec 22

Powerball Jackpot Reaches $1.6 Billion: What It Means for El Paso Players

The Powerball jackpot has soared to an astounding $1.6 billion, but potential winners in Texas should be aware that they won't receive the full amount in cash. After taxes and deductions, the actual payout could be significantly lower, potentially around $1 billion. This news is crucial for El Paso residents considering their chances of winning and the financial implications of such a large prize. Players are encouraged to check their tickets and understand the tax liabilities associated with winning large jackpots.

Community el-paso finance
1 min read
KVIA•Dec 22

Powerball Jackpot Reaches $1.6 Billion Ahead of Monday's Drawing

The Powerball jackpot has soared to an estimated $1.6 billion for the upcoming drawing on Monday, following a recent accumulation. Winners can choose between an annual payout over 30 years or a lump sum of approximately $735.3 million before taxes. This jackpot marks the fourth largest in Powerball history and the second largest this year, following a $1.787 billion prize drawn on September 6. Players must match all six numbers—five white balls and one red ball—to win the jackpot, with odds of winning set at 1 in 292.2 million. Drawings occur every Monday, Wednesday, and Saturday at 10:59 PM Eastern Time.

Community lottery powerball
1 min read