Powerball jackpot: $842 million winning ticket sold in Michigan
By TOI Desk Report January 3, 2024 Update on : January 3, 2024
A single Powerball ticket sold in Michigan matched all six numbers to win an estimated $842.2 million on the first day of 2024, reports AP.
The first time it has been won on New Year’s Day since the game’s start in 1992 and it’s the fifth-largest Powerball jackpot and 10th-largest US lottery jackpot ever won, according to Powerball.
The winning ticket was bought for Monday night’s Powerball jackpot in mid-Michigan at the Food Castle in Grand Blanc Township, near Flint.
The winning numbers drawn were 12, 21, 42, 44, 49 and red Powerball is 1.
Final ticket sales increased the jackpot from an earlier estimate of $810 million to $842.4 million at the time of the drawing.
Food Castle has been a fixture in the community for nearly 40 years, according to WJRT.
The jackpot had been growing since mid-October before the big win on New Year’s. The Powerball jackpot has a one in 292.2 million chance of being won. One in 292.2 million is the chance of winning the Powerball jackpot.
The winner will have the choice between an annuitized prize of $842.4 million, payable over 30 years, or a lump sum payment of $425.2 million. Both prize options are before taxes.
Four more top-winning tickets, sold in California, Connecticut, Florida, and Maryland, matched all five white balls to win $1 million prizes.
By including the Power Play option for an extra $1 for each play, two tickets from Florida and Texas matched all five white balls and won $2 million jackpots.
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