Powerball now up to $685M after no winners
The Powerball jackpot is now up to $685 million after no one won the top prize. Meanwhile, someone in Anaheim is $2 million richer after getting five of the six winning numbers.
According to California Lottery’s website on Christmas Day, someone purchased a ticket worth $2,085,363. That ticket was sold at the Donut Storr on South Knott Avenue in Anaheim, California Lottery announced on its website.
The next drawing – with the new top prize of $685 million – will be held Wednesday, December 27 at 8 a.m. PT. The latest jackpot figure broke $650 million after no winners were identified Christmas Day – when the initial jackpot was set to $638 million.
Winning numbers drawn for $638 million Powerball jackpot (Dec. 25)
There are 685 million reasons to dream, especially what you would do with the jackpot money. However, one thing all lottery winners have to take into account is the fact that their prizes will be taxed.
It depends on a couple of factors: do you have to pay state taxes where you live? Will you take the lump sum payment or the annuity payout?
RELATED: Powerball payout calculator: How much would you get after taxes if you won?
