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Jan. 17—With a jackpot that just keeps on climbing, Californians and millions of other Americans were eagerly anticipating the results of Saturday's Powerball drawing.
Well, it was another day of busts for Powerball hopefuls, since no one has won the jackpot since Sept. 16.
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The winning numbers, drawn at 8 p.m. Saturday, were 14, 20, 39, 65 and 67, and the Powerball number was 2. The jackpot was worth $640 million and would have made it the fifth-largest in Powerball history. The highest jackpot of nearly $1.6 billion was split between three tickets on Jan. 13, 2016, with winners in California, Florida and Tennessee.
The top prize increases to Wednesday's draw and is now estimated at $730 million, which would be the fourth-highest jackpot in Powerball history and the sixth highest to be won in an American lottery game.
Wednesday's jackpot has an estimated cash value of $546 million, according to lottery officials. The lucky winner will still have to pay federal taxes, although California is one of only 10 states to exempt state income tax on lottery winnings.
With this amount of cash, even after taxes are taken out, you could afford to bankroll multiple NFL teams for a season and still have some change left over.
This year, you could pay the combined salaries for the Buffalo Bills and the Baltimore Ravens, having a cap of $174 million and $153 million, respectively, and still have some dosh left over.
Or, you could by all 81 homes listed above $1 million on the market in Sacramento County, worth a little more than $159 million, according to Zillow, and use the rest of your winnings to remodel them all.
Powerball tickets are $2 each and drawings are held Wednesdays and Saturdays. To play, you must select five numbers between 1 and 69, and a bonus 'Powerball' number between 1 and 26. Players have a 1 in 38.3 chance of winning a prize in a Powerball drawing, and a 1 in 292.2 million shot at winning the jackpot. Powerball tickets are sold in 45 states across the country, plus Washington, D.C., Puerto Rico and the Virgin Islands.
If you win less than $600, you can take your ticket to a retailer in exchange for cash, according to the California Lottery. If you win more than $600, download a claim form and deliver it to any lottery district office or mail it to 730 N. 10th St., Sacramento, CA 95811.
If you didn't win anything in Saturday's Powerball drawing, you can soon have another shot at riches. Tuesday's Mega Millions jackpot is estimated at $850 million, which would be the second-largest prize in that game's history.
The Bee's Noel Harris contributed to this story.
Both the Mega Millions and Powerball jackpots are worth the highest prize in years and it has a lot of people dreaming about what they would do with that kind of money.
'Why not. Like I said, somebody has to win,' said 60-year-old Keith Davidson of Havertown, Pennsylvania. He says he'd call a financial advisor if he won.
Workers at Beer Guys in Havertown opened a second register for the steady crowd coming in.
'I'm going to help everyone, including myself. Especially coming off the pandemic, we all could use some help, right?' said Brian Enverso from Drexel Hill.
Next door at Acme, lottery hopefuls bought their tickets along with their groceries.
SEE ALSO:No big winner in Saturday's Powerball drawing; jackpot grows to $550 million
'That's a lot of money,' said Najhee Grant from Havertown. 'I'd pay off my student loans. Pay off all the debt in my family.'
'I'll pay off all my siblings' houses, give them all money, take money, go on vacation to Captiva Island, Florida,' said Tara George from Havertown.
The jackpots for the Powerball and Mega Millions continue to grow after recent drawings failed to produce a winner.
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Saturday's winning numbers were: 14-26-38-45-46- Powerball:13
Friday's winning numbers were: 18, 3, 58, 16, 6 and a Megaball of 11.
It is the largest potential prize since March 2019. Wednesday's Powerball is worth $550 million. Tuesday's Mega Millions is $600 million.
'I don't know, maybe fix up where I am. Who knows. With that kind of money I don't know what I'll do,' said Walter Barnes from Havertown.
Barnes knows the odds are low, but why can't it be him?
'Anything. I'm not greedy. I'll take half,' he said.
The Mega Millions drawing is Tuesday and the Powerball drawing is Wednesday. Good luck!