Powerball jackpot grows to record $1.9 billion as no tickets matched all winning numbers Saturday

[Omaha Steve]

Source: CNN

By Tina Burnside and Susannah Cullinane,

The Powerball jackpot has now grown to an estimated $1.9 billion after no winning tickets were sold in Saturday night’s drawing, according to the California Lottery Association.

The winning numbers were 28-45-53-56-69 and the Powerball was 20. The next Powerball drawing is set for Monday.

Saturday’s estimated $1.6 billion draw had been the “world’s largest lotto prize ever offered,” Powerball said.

But unfortunately for ticket buyers, the odds of winning the massive prize remain long – just 1 in 292.2 million.



A digital billboard advertises Powerball's jackpot in New York City.

Read more: https://www.cnn.com/2022/11/05/us/powerball-world-record-breaking-lottery-jackpot-saturday/index.html

[jimfields33]

1. Wow. I lost again!

This will be a first that I will buy tickets three drawings in a row.

[Lochloosa]

3. You didn't lose, you just haven't won yet.

[jimfields33]

4. You are so positive. I love it.

[CottonBear]

5. I like that positive attitude!

…I’m off to buy a Powerball ticket!

[FailureToCommunicate]

6. +1

[hlthe2b]

2. 'Don't know if it was my "little voice" or the inertia of laziness (likely) but I didn't participate

I guess I get another chance although Monday also feels unlikely for me to "catch the mojo' or at least abandon my laziness.

[Thunderbeast]

39. I have sadly discovered an online app to buy tickets

I still pay the "stupid tax" when jackpots break $300M ($2 at a time).

I moved, so the nearest convenience store is a half hour walk.

All of the fantasy and none of the work!

[SergeStorms]

7. I might have to buy a ticket for that.

With careful budgeting I could probably make that last the rest of my life.

[GreenWave]

8. If you do win...

expect the lotto to steal back about 1/3 and then come los federales looking for their 1/3. That is from your lump sum, not the jackpot.
Neither one of the above thieves gave you so much as a number either.
And when you lose, they are nowhere to be found. You cannot claim losses. They only claim your epic victories. When you win a dollar you are not worth their trouble. If they took 2/3 of that dollar after your lump sum of 33 cents, you can walk proudly away with 11 cents in change!

To get rich off the lotto: Own the lotto, don't play the lotto.

[ProudMNDemocrat]

10. Any lump sum from almost $2 Billion is MORE....

Than anyone has had at the onset of the day no matter what is deducted for taxes and fees.

[Marthe48]

11. I don't expect to win

but playing gives me a little something to look forward to. I usually play Mega Millions because they only have 2 drawings a week. I quit playing Power Ball when they added a 3rd drawing. Too expensive for my blood. But I'm playing Powerball for this big jackpot. If I won, I'd be richer than some of the Forbes richest, at least for awhile lol

[EarthFirst]

18. I'll give it a shot...

For the mere $2 chance I’ll take; I’ll give living off what’s left after taxes a shot…

[CrispyQ]

23. "The lottery is a tax for people who can't do math."

That said, you can't win if you don't play. I used to be religious about buying tickets, but after years of losing the fun wore off & it's been years since I've purchased a ticket.

[robbob]

34. I've heard it call a stupidity tax.

And yes, you can’t win if you don’t play, and what’s the harm of tossing them 5-10$ once in a while if you’re “feeling lucky”? But I think of those people who have their lucky numbers that they HAVE to play every time, because imagine how you’d feel if you didn’t play and your numbers finally come up? People who are spending hundreds of dollars that they can’t afford every month. People who, when asked what their retirement plan is will reply that they hope to win the lottery.

Now THAT’S stupid!

[CrispyQ]

36. I bought one ticket a game.

That was before they had games almost every night. I worked across the street from a grocery store so it was convenient.

I was in line one day & the lady a couple of people in front of me bought some scratch tickets, which I never bought. She scratched them off while others were being checked out & all of a sudden she started screaming, "I think I just won $50,000!" Sure enough, she had. They couldn't pay it there, but they verified it was a winning ticket & told her where she could go that afternoon to get a check. That was as close to a big winning ticket that I ever got.

[robbob]

37. Yeah, my bil who struggles with addictions

used to spend hours at the convenience store scratching tickets. And of course, EVERY scratch ticket is “almost” a winner. By design. So he’s throwing his money away thinking “I almost won that time…”.

[Thunderbeast]

40. Oregon is a high income tax state.

I am old enough that a 20 year payout is not attractive.

The combination of lump-sum adjustment and income taxes result in a net 31% payout.

How am I expected to get by on $589 Million

[MissB]

42. I think that'd be a little less in Multnomah County

Depending on how the lottery is treated in terms of income.

[brooklynite]

47. The Federal Government are "thieves"?

You shouldn’t have to pay income tax?

[electric_blue68]

48. Wait... What's wrong-o about paying taxes? ...

I sure love if the Very Well Off, Big Corps would pay their fair share right now.

[ripcord]

56. The lottery doesn't steal any money from you

What a ridiculous statement, you have the option of taking the full amount over 30 years or choose not to wait 30 years and take the cash payout. The cash payout is the amount that the lottery has to put up to make the full jackpot over 30 years with interest, you are making the choice to forgo the interest.

[Lonestarblue]

9. Imagine what we could all do with several million dollars after taxes!

What would you do first? I’d pay off my mortgage, then set up a college fund for kids from poor families. After that would probably fighting off long-lost relatives for a loan!

[ProudMNDemocrat]

14. I have siblings who wrote me off, a sister.

My brother, I would help. He needed $20k last year. I did not have it. I know not where he is or what condition his health is in. I do pray for him.

My only sister, she made her bed. In a cold hearted letter 4 1/2 years ago, she stated she was not interested in a relationship with me due to our brother. I last heard her voice 5 years ago.

My children and grandchildren would be cared for, our bills paid, our house renovated to sell, the rest of our lives, comfortable after donations to Charities near and dear to us were we to win. But I am not holding my breath.

[Marthe48]

15. With that much money

You could do anything you wanted and more.

If I ever hit, I'd split it evenly with my kids. I'd endow the local humane society. The organization I volunteer for would benefit, all of my friends and relatives, and libraries, UNCF, ACLU, just to name a few.

If I did something for myself, I would try to buy back the property where I grew up and recreate my grandparents' house and grounds. Even if I can't go home again.

[TexasBushwhacker]

28. That's what I don't get about the billionaires of the world

There is so much good they could do with their money and still be very, very wealthy.

[electric_blue68]

49. True, it's not they'd even be living an Upper Middle Class life!

(which is a nice thing since I've have had a few friends like that)

[James48]

12. I WON! I WON!

Should I take my $4 in a single lump sum? Or should I spread it out over 20 years?

[2naSalit]

13. Well, I got...

3 of the numbers last night so I won $7!!

[Emile]

16. Wow, that's worth another two bucks for a dream!

[doc03]

17. I am going to win again tonight. I don't waste my money on the lottery.

When the lottery started in Ohio the winner got $250,000. They have the odds set so high now nobody hits
for months. It would be better if 1900 people won $1 million rather than one winner with $1.9 billion.
I get a kick out of those that say you only would have $1 billion after taxes, $1 billion after taxes is not enough!
If I won that kind of money I keep maybe keep a million and give what few relatives I have a million each. Then create
a foundation with the other $995 million to help people in need. Greed has f---d up this country.

[Karma13612]

50. Finally!!!!

Another person who believes the payout should be split over more people.

Thank you!!!!! These sums that go to one or two winners are obscene. And no matter what naysayers are claiming, if MORE people knew they could win, then MORE would play. And that would result in higher jackpots.

If I was blessed with a couple million (net after taxes), I would easily make that last the rest of my life. At 68 years I just want to be safe, warm/cool, and dry. So sick of worrying about losing what little I have, and so fearful of crime, and Republicans beating the drums over SS and MCR.

[doc03]

53. I think the majority of us would rather have

more winners. I used to buy lotto all the time but since
the odds are so astronomical now I never buy. Most all my friends have said the same. Even our state lottery the prize is like $1 million I think but they have the odds set so it goes nearly a year between payouts. The odds on the Powerball 1 in over 290.000,000 and people take food off the table thinking they will win. To quote former Congressman Jim Trafacant "Beam me up".

[Karma13612]

54. But, oddly enuf, when

I make comments to others about our shared theory, they look at me and say, you’re just bitter because you didn’t win.

Scream!

Have a great day!

[Xipe Totec]

19. If the odds are 292.2 million, it means you can buy every possible number for 292.2 million

And walk away with the jackpot.

[GreenWave]

20. Unless by bad luck several win!

[CrispyQ]

29. Several years ago we had a lotto in Colorado that had reached about $15 million.

There were 10 winners. Turns out they all played the same design on the number grid.

We also had a guy who won the lotto twice.

[LonePirate]

21. Double that actually as tickets are $2 apiece

[robbob]

35. I was wondering about that.

How would you even go about buying that many tickets? Any why hasn’t some billionaire done it already. Seems like a pretty good bet.

[Mr. Evil]

22. These hyper-inflated jackpots seem to occur more and more frequently.

Sometimes I think that they do this by design. All they would have to do is have a program to analyze all combinations that have been purchased, then have it spit out combinations that have not been issued. So, the jackpot grows and grows along with the interest in the game and money spent by players.

It probably isn't done but, it surely wouldn't surprise me if it was. I would rather see a game that only costs $1 per play and pays out something like $10M to several players instead of one occasional mega-jackpot to just one. That being said, I'll go buy some tomorrow... again... as usual.

[Karma13612]

51. Agree! eom

[CousinIT]

24. Winner Of $1.28 Billion Lottery Gets $433.7 Million After Tax

https://www.forbes.com/sites/robertwood/2022/07/30/winning-128-billion-lottery-ticket--gets-4337-million-after-tax/

[ColinC]

26. So the jackpot would have to be at like 3 billion to actually get 1 billion?

[Marthe48]

30. Sure but you still get to say

"I'm a billionaire!" Because that one small time period between realizing you won, to the few minutes later that the taxes are deducted, you are a billionaire. Then you are a multimillionaire!

[ColinC]

32. I'll wait till it's at 3 billion.

1 billion dollars just isn’t enough

[ColinC]

25. Can somebody tell me what the lump sum of that would be?

Decided I don’t wanna play again until it comes to a whole billion dollars after taxes.

[keithbvadu2]

27. When the jackpot was several hundred million, my sister and some coworkers had me buy 50 tickets for

When the jackpot was several hundred million, my sister and some coworkers had me buy 50 tickets for them. I bought 52 (two for myself).
52 * 6 numbers equals 312 numbers. We hit eight out of 312, none of them together.

[hamsterjill]

31. I make my donation.

I usually buy one ticket per week. I’ll probably get one for Monday’s Powerball drawing.

I think it’s interesting when one is contemplating what they would do if they were to win. I believe that exercise helps one learn what they want and would do to give back to the world. It’s fun to dream.

[GreenWave]

33. OK I just spent my annual allowance on two picks.

I got lotto mania from this thread.

Plans are:

Buy Nasa
Switch from Mars focus to Venus (our sister planet)
I got a lot more plans other than watch our sister stew in the heat.

On edit: Sorry Hamsterjill, I meant to reply to the main thread. Please forgive!

[hamsterjill]

38. No worries!!!

Good luck!!!

[Thunderbeast]

41. They deliberately LOWERED the odds of winning in order to generate these huge jackpots.

The buzz had a huge impact on ticket sales.

[Marthe48]

44. But then, since Covid

they changed the minimum amount of a new jackpot to reflect ticket revenue instead of guaranteeing $20 million. For Mega Millions, anyway.

[Marthe48]

43. Wish they could tally votes cast as fast as they check for winners

I also wish we could get the same detailed printed readout on our ballot rect. as we do our grocery rects.

[honest.abe]

45. We only play when the jackpot is over 1 billion.

Got to make the effort worthwhile.

[Tom Rinaldo]

52. Same here

Money is tight but we can afford to lose $6 or so a year. Very cheap thrill I figure, and it's probably the only times when there's a good chance that the total payout will exceed the total revenue taken in by a single drawing. I figure I'm just playing the odds

[Uncle Joe]

46. I'm buying power bill ticket tomorrow,

every current member here at D.U. gets a thousand dollars if I win.

Thanks for the thread Omaha Steve

[Emile]

55. I had to make another trip into town, but I'm fired up

and ready to win.

[tonekat]

57. In a rare text with my stupid older sister today

I said I bought tickets so I can; 1) Retire (I'm 68), and 2) Buy Canadian Citizenship.

Didn't get a rise out of her. Enjoyed doing it.

[Emile]

58. Powerball drawing delayed for security reasons.