Past powerball winning numbers 201811/8/2023 ![]() ![]() What are the odds of winning the Powerball? Did anyone win the Powerball last night?īefore the next Powerball drawing, it's important to be aware of the following information. The winning numbers for Saturday night's drawing were 11, 19, 29, 63, 68, and the Powerball was 25. Here's a look at the winning numbers for Saturday. If someone had won Saturday night they could have taken the cash option to go home with more than $241.8 million. Saturday night's winning numbers were drawn just after 11 p.m. For instance, if you buy the winning ticket in one state and then decide to move, you may have both states trying to collect taxes on your prize.The Powerball jackpot is heating up! No winning ticket drawn Wednesday means the Powerball jackpot is an estimated $500 million ahead of Saturday's drawing. Those three advisers should help point out other issues that may arise. “When is it truly a joint purchase or when is it one winner who is gifting over to others?” he said. To share your prize without paying additional taxes may require proof that you bought the ticket with those people, Mr. But it’s not that easy.ĭistributing some of your winnings to other people may be subject to numerous taxes, including the federal gift tax and the estate tax. An accountant can reduce what you might owe in federal, state and local taxes, as well as other surprise taxes you may encounter.īefore the drawing, as your mind raced about how you would spend the jackpot - maybe buy a boat, pay off student loans or move to the mountains - you might have considered sharing some with family members and friends. A wealth adviser will help you avoid spending all of your money too fast, a problem for some winners, and help you invest it so it lasts for years. In addition to hiring a lawyer, you should find a wealth adviser and an accountant, Mr. “Proper planning upfront is really beneficial,” he said. After all, it may take months to receive your winnings, he said. Siciliano, who has also helped winners of much smaller jackpots of around $1 million each, said he cautions people to resist their instincts. “The bottom line is that once someone discovers that they won the lottery, the first thing they should do is secure the ticket,” Mr. Siciliano, an estate and business lawyer in Independence, Ohio, helped the winner of a $52 million Mega Millions jackpot in August 2004, serving as the trustee of a blind trust created to keep the winner’s name private. Siciliano has given that critical advice to jackpot winners who have hired him to help them collect their prizes. ![]() Buy expensive things, or really anything at all, unless you can already afford itĭennis J.Will you take the lump sum? How about 30 years of annual payments? While you ponder that and browse islands for sale online, don’t do the following: ![]() You, on the other hand, facing odds of 1 in 88 quadrillion, turned several bucks’ worth of lottery tickets into $2 billion.Īfter the winning numbers are drawn in Mega Millions and Powerball, you’ll be holding the tickets and wondering what to do. The Mega ball number was 7.)Īlso: You are now the 1,650th-richest person in America! (Forget taxes for a moment we’ll get to that later.) You knocked Herb Chambers, a self-made billionaire who turned a $500 loan from his mother into an empire of car dealerships in Massachusetts, down one spot on the Forbes World Billionaires list. ![]() (In the unlikely event that you haven’t yet checked, the winning numbers for the Mega Millions were 15, 23, 53, 65 and 70. Over $2 billion! Congratulations you are about to hear from relatives of your ninth cousin twice removed who swear they haven’t seen the news and just want to know how you’re doing. The Powerball jackpot isn’t too shabby either: $470 million. The Mega Millions jackpot climbed to an astounding $1.6 billion on Saturday, the largest lottery prize in United States history, just hours after a drawing failed to produce a winning ticket. ![]()
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