Today, Saturday, November 5, 2022, the Powerball draw was held. The prize money is $1.6 billion dollars
Here you can find all the results of the latest Powerball draw:
How can you participate in the Powerball draw?
You must choose five numbers from 1 to 69 for the white balls. Then a number from 1 to 26 for the red Powerball.
If you match all six numbers you win the jackpot.
How to get your cash prize?
“Prizes must be claimed in the state where the winning ticket was purchased. Players can generally claim a prize of up to $600 at any authorized lottery outlet in the geographic location where the ticket was purchased.
Prizes over $600 can be claimed at the main lottery headquarters in each case. There are also some authorized establishments, whose address should be duly consulted as appropriate.
You have time to collect your prize between 90 days to a year, depending on the restrictions of the jurisdiction in which the ticket was sold. The expiration date is usually listed on the back of the ticket. If the expiration date is not listed, you should check with your state lottery.
If you win the Powerball jackpot, you can collect the prize in two possible ways: as an annuity -in 30 payments over 29 years-, or a single lump sum cash payment. For the annuity, each payment increases by 5% each year.
The cash option is the amount of money that is required to be in the jackpot fund on drawing day to fund the jackpot. “
When is the Powerball drawn?
Powerball drawings take place on Mondays, Wednesdays and Saturdays at 10:59pm ET.
$1.6 billion dollars
Melissa Galbraith is the World News reporter for Globe Live Media. She covers all the major events happening around the World. From Europe to Americas, from Asia to Antarctica, Melissa covers it all. Never miss another Major World Event by bookmarking her author page right here.