With twelve rollovers under its belt, the Powerball jackpot has increased to a whopping $203 million for the drawing set to take place on Saturday, November 8th. The estimated cash value for this amazing prize is $126.7 million.
The last Powerball jackpot win took place on Wednesday, September 24th, when Vinh Nguyen of San Mateo, California snapped up a $228.5 million windfall. Nguyen purchased his Powerball entries at Dehoffâ€™s Key Market, which received a Â£1 million retailer bonus simply for selling him the jackpot-winning ticket. Nguyen chose to have his prize paid out in the form of an annuity, meaning that he will be receiving enormous paychecks for the next 30 years!
Nguyen isnâ€™t the only Powerball winner this year – on Wednesday, February 19th, B. Raymond Buxton won a $425.3 million prize, but didnâ€™t claim it until April 1st. He opted for the lump sum payment, which saw him net $242.2 million before taxes. Buxton plans to set up a charity that will focus on â€œareas of pediatric health, child hunger and education.â€
On March 1st, Joseph Saxer landed a $60 million prize. Later that month on March 22nd, John and Susan Brands of St. Charles, Missouri picked up a cool $96.5 million prize. On April 23rd, 2014, the FlaMass Family Lottery Joint Venture, consisting of three members, won $148.8 million and took a cash sum of $86.9 million.
In June, Roy Cockrum of Tennessee snapped up a $259.8 million prize after weeks of rollovers. He chose a cash sum of $153.5 million before taxes and immediately set out to donate money to good causes, including a food bank called Second Harvest.
On July 9th, Mary Ann Thompson of Ohio won a whopping $124.9 million and chose a lump sum payment. She received $51.9 million after taxes. Just days later on July 19th, John â€œJackâ€ Long won $60 million and took a lump sum payment of $35.9 million before taxes. On August 9th, Claude â€œAlâ€ G. of Colorado picked up a $90 million prize. Finally, Nguyen won his prize in September and the jackpot has been rolling over ever since.
Want to beat the odds, break the rollover streak and join these Powerball winners? You donâ€™t necessarily have to be living in California, but you do need to buy Powerball tickets, which can be purchased from any authorised retailer. To learn more about Powerball and how it works, visit the dedicated page at Lottery.net. Good luck!by
Updated March 30th, 2016