- by cnn
- 15 Aug 2024
What would you choose: A lump sum payment or 30 annual payments that get a little bigger every year?
Either way, the winner of tonight's Powerball drawing is going to be very, very rich.
After Wednesday's drawing became the 30th consecutive drawing without a grand prize winner, the Powerball jackpot has grown to $960 million, according to Powerball. That's a cash value of $441.4 million.
Depending on which state you live in, a one-time net payout would amount to approximately $278 million, on average, after taxes, according to USA Mega. With the growing annuity option, after taxes, you'd make about $20 million a year for 29 years, depending on the state.
But your odds of winning the grand prize are 1 in about 292.2 million, according to the lottery.
This is the Powerball's second-largest jackpot this year and fourth-largest jackpot in its history.
The drawing will be held at 10:59 p.m. ET Saturday from the Florida Lottery draw studio in Tallahassee. Drawings are also streamed online.
Union Square’s latest attraction, Madame Theodore’s Floral Academy for Wayward Travelers, is set to captivate visitors and art enthusiasts alike. Created by local artists Nicole Whitten and Carina Garciga Meyers in collaboration with the iconic Beacon Grand hotel, this floral-inspired installation transforms a historic corner of San Francisco into a must-see attraction. Blending the thrill of discovery with the beauty of botanical artistry, this installation offers travelers a unique glimpse into San Francisco’s artistic spirit.
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