The winning Powerball ticket from last night’s drawing was sold at Marietta Liquor & Deli, a small corner store in Chino Hills, California. Located in San Bernardino County, the store is near the border of Los Angeles and Orange counties.
This marks the first time in the Powerball’s history that a single winner has held the entire grand prize. The retailer will receive a bonus of one million dollars for selling the winning ticket.
Where was winning Powerball ticket purchased?
The winning Powerball ticket was purchased in Wisconsin from the Speedway gas station located on County SD in New Berlin. The ticket was purchased by a Wisconsin resident who has chosen to remain anonymous for the time being.
The winning ticket was purchased on Wednesday, September 23rd, 2020, and the winning numbers were 3, 15, 26, 40, 48, and Powerball 14. After the successful match, the winner collected a jackpot of more than $22 million.
This is the second Powerball jackpot won this month in Wisconsin, with a ticket purchased in Oak Creek also collecting a $22 million jackpot earlier this month.
Did anyone Win the Powerball in California?
Yes, someone did win the Powerball in California. On June 10, 2021, a single ticket purchased in California matched all five white balls plus the Powerball to win the $53 million jackpot. The winning numbers for the draw were 6-21-47-55-56 and the red Powerball was 8.
The ticket was sold at Racetrac, located on Highway 29 in Cantonment, Florida. The winner has the choice of receiving the full $53 million jackpot in one payment or 30 annual payments, totaling $78.9 million.
The lucky winner has up to 180 days to claim the prize.
Where was the winning Lotto ticket bought in California?
The winning Lotto ticket for the California lottery was purchased in Chula Vista, California. Specifically, the ticket was purchased at Nazar’s Liquor at 745 3rd Avenue. The winning ticket was purchased on November 19th, and resulted in a state-record Mega Millions jackpot of $543 million.
The lucky winner has yet to come forward, but whoever it is can look forward to an extremely comfortable future.
How much do you get taxed if you win the lottery in California?
The amount of tax you pay on lottery winnings in California is based on the total amount of your prize. California is one of the few states that has a withholding tax on lottery winnings. If you win more than $599, the state requires that taxes be withheld from your winnings at 8% before you are paid out.
If you win more than $5,000, the withholding rate is increased to 10.3% on the portion of the winnings that exceed the $5,000. Additionally, California residents must report all gambling winnings, including the lottery, on their state income tax return.
The winnings may be subject to additional state and federal income tax, depending on the size of the jackpot. If you win more than $600, you will be sent a form W-2G from the lottery commission detailing the full amount of your winnings and the amount of taxes that were withheld.
This form must be reported with your tax return when you file.
How much would you take home from Powerball after taxes?
The amount you would take home from Powerball after taxes varies depending on the state that you purchased the ticket, the amount of the winnings, and other factors. Generally, if you win the jackpot, you’ll be responsible for federal taxes at 24%.
Depending on the amount, you may also be responsible for state income taxes. These amounts can range from around 0%-18%. Additionally, some states require individuals to pay a withholding tax on lottery winnings at the time of the win.
This is typically around 3%-5%.
So, in general, if you were to win the Powerball jackpot, you can expect to take home around 66%-68% of the winnings after taxes. Of course, this amount will vary significantly depending on your situation.
How much do you get if you take the lump sum in Powerball?
The amount of money you would receive if you took the lump sum in Powerball depends on the total amount of the jackpot. It would also depend on the state you are playing in, as a few states withhold a higher percentage than others.
Generally, the lump sum option is approximately 60 percent of the advertised jackpot. So, for example, if the advertised jackpot for Powerball was $50 million, then the lump sum option would be approximately $30 million.
Keep in mind, however, that the advertised jackpot amounts are based on a annuity option in which the jackpot is paid in 30 installments over 29 years. The true cash value can vary depending on investment earnings.
How much does the IRS take for lottery winnings?
The amount the IRS takes from your lottery winnings will depend on a variety of factors, including your income and filing status. Generally, lottery winnings of $600 or more are subject to federal income tax withholding.
Single taxpayers earning more than $400,000 and married couples filing jointly earning more than $450,000 are subject to the highest federal income tax rate of 37%.
For lottery winnings less than $599, the IRS requires that state lottery commission withhold 24% of the winnings for federal income tax, however, this amount will depend on the taxpayer’s filing status, dependents, and income.
Additionally, some states may also require withholding on lottery winnings. The percentage withheld may vary based on the state you live in. For example, lottery winnings greater than $5,000 in California are subject to an 8% federal withholding rate and a 6% California withholding rate.
It is important to understand that even though the IRS or your state may withhold a portion of your lottery winnings, you may still be required to pay additional taxes when you file your taxes with the IRS.
It is best to consult with a tax advisor to fully understand the impact taxation has on your lottery winnings.
Is it better to take the lump sum or annuity lottery?
Deciding whether to take a lump sum or annuity lottery is a difficult decision that should not be taken lightly. There are a few things to keep in mind when making this decision.
First, a lump sum provides you immediate access to all your winnings, making it easier to invest or spend your money however you see fit. A lump sum also provides more flexibility as it gives you the ability to invest your money in different places and diversify your investments.
However, with a lump sum, you have to be responsible for managing your money, which can be difficult for some people. Additionally, depending on how much money is involved, it could potentially be subject to hefty taxes which could leave you with significantly less.
On the other hand, an annuity provides money on a regular basis. This will give you a consistent income, which could make budgeting easier. Additionally, since the money is spread out over time, the winnings may not be subject to as much taxation as some of the lump sum options.
However, with an annuity, your money is less liquid and you will likely have to wait a few years to get your full winnings.
Overall, taking the lump sum or annuity lottery is a personal decision that should be based on your individual needs and goals. Think carefully about your financial situation and consider consulting with a financial advisor to help you make the best decision.
Where was the California ticket sold?
The winning ticket for the $1.5 billion Mega Millions lottery jackpot was sold at a liquor store in San Diego, California. The store, located at 780 Broadway in the city’s Gaslamp Quarter, was identified by California lottery officials during a press conference on Thursday, October 25th.
The ticket matched all six of the winning numbers, which were 8, 28, 62, 65, 70, and Mega Ball 5. This historic prize is the largest ever awarded in the state of California, and the second-largest lottery jackpot of all time in the US.
Where was the movie Lottery Ticket shot at?
The movie Lottery Ticket was primarily shot at various locations within the state of Georgia, primarily in cities such as Atlanta, Decatur, and Stone Mountain. As is mentioned in a July 2010 article from the Atlanta Journal-Constitution, much of the filming took place in East Atlanta Village and in residential neighborhoods near the Oakland City MARTA station.
Other filming locations included the Lutheran Church of the Redeemer in Decatur and a roller rink in Stone Mountain. Many scenes were also shot at the Tyler Perry Studios in Southwest Atlanta.
Where are Powerball winners sold?
Powerball winners are sold in 45 states, the District of Columbia, Puerto Rico, and the US Virgin Islands. Each jurisdiction is responsible for their own ticket sales, but it is ultimately up to each jurisdiction to determine where the Powerball winners are sold.
Most Powerball winners are sold at local convenience stores, gas stations, supermarkets, and even lottery retailers. It’s important to note that Powerball winners from different states may have different sets of rules regarding ticket purchases and payment of prizes.
Additionally, you can also buy Powerball winners online, in a process known as “streaming” in select jurisdictions.
How many Powerball winners are there?
The number of Powerball winners varies greatly, depending on the size of the prize in a particular drawing. The largest Powerball prize ever won was an incredible $1.586 billion, which three lucky winners split in January 2016.
Generally, however, the number of winners in a single drawing can range anywhere from zero (if nobody matched all the numbers drawn) to dozens or even hundreds if the prize pool is large and the amount of prize money is distributed among multiple winners.
In total, since the game was first launched in 1992, there have been more than 650 million Powerball tickets sold across the United States that have won prizes. This includes countless multimillion-dollar jackpot winners, as well as lucky ticket holders who have won smaller amounts.
Overall, the total number of Powerball winners is impossible to accurately estimate, as the numbers constantly change depending on the size of the prize and the amount of ticket sales.
What are the 6 most common winning lottery numbers?
Certain number combinations seem to be drawn more frequently than others based on historical data. The six most common winning lottery numbers, based on this data, are 23, 32, 44, 16, 28, and 45. These numbers appear to repeat in many lottery draws, and they also make up some of the most popular lottery combinations.
Other numbers that also appear frequently in drawings include 3, 11, 20, 14, 25, and 39. Additionally, drawing the same lottery numbers over an extended period of time may help increase your chances of winning, as numbers that have been drawn in the past have a higher likelihood of being drawn again.
What states can Powerball winners remain anonymous?
There are currently eight states that allow Powerball winners to remain anonymous and protect their identities: Delaware, Kansas, Maryland, North Dakota, Ohio, South Carolina, Texas, and Wyoming. However, winners may not remain completely anonymous in all of these states.
For example, in Delaware and North Dakota, lottery officials will release the name of the winner and the city in which they live, but not their address. Additionally, South Carolina law requires that a winner’s name and home state must be released.
Regardless of state laws, Powerball winners should always consult with a financial advisor or lawyer on the best way to protect their confidentiality. There are various strategies that can be depending on their individual circumstances, such as forming a trust or limited liability corporation to claim the prize.
In some cases, they can choose to remain anonymous while still maintaining ownership of the prize.
