It is a dream shared by many: to be lucky enough to have an unexpected receipt of cash.
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The Powerball jackpot has surpassed $2 billion for the first time in its history, CNBC reported, although take-home wins vary greatly by state.
But although the drawing was scheduled for last night, the lucky winner had to wait a little longer: a security problem delayed the results, powerball said in a statement.
Tonight’s Powerball® drawing has been delayed due to participating lotteries requiring additional time to complete required safety protocols. Powerball has strict security requirements that must be met by all 48 lotteries before a drawing can take place. (1/2) pic.twitter.com/jQZJQIPJXr
— California Lottery (@calottery) 8 November 2022
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According to the statement, none of the 48 participating lotteries have yet processed their sales and play data, and Powerball has “strong security requirements to protect the integrity of the game.”
But the winning numbers have since emerged: 10, 33, 41, 47, 56, 10.
It is unclear if anyone matched all the numbers – plus the Powerball – to take home the record jackpot. That news, along with the new Powerball jackpot total, should be revealed later on Tuesday.
Winning a jackpot requires choosing five numbers between 1 and 69 and a sixth number between 1 and 26 (these can also be generated automatically). That person or people who select all the numbers correctly will walk away with money – a probability of about one in 303 million per NerdWallet.
The amount of people who win big will actually determine the amount they take home by whether they choose to accept the prize as a 30-year annuity or a lump sum, which costs about 51% less. , per CNBC. But overall winnings will also largely depend on the winner’s state taxes.
There are only eight states that do not tax lottery winnings: California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming. Other states charge anywhere from 2.9% to 8.82% tax on the award.
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At the federal level, this huge jackpot will attract a 24% advance tax in addition to a 37% tax on income.