Winning Powerball Ticket for $2.04 Billion Jackpot Sold
Winning Powerball Ticket for $2.04 Billion Jackpot Sold

By Jack Phillips

jackpot-winning Powerball ticket was sold in Southern California for the record $2.04 billion prize, lottery officials announced Tuesday.

The Powerball prize has an estimated cash value of $997.6 million before taxes, California Lottery officials said. The winning ticket—which matches all six numbers—was sold at Joe’s Service Center in Altadena, an unincorporated area within Los Angeles County.

The winning numbers in Monday’s drawing are 10, 33, 41, 47, 56, and the Powerball number is 10. No tickets have been sold that match all six numbers since early August.

“This means #CALottery has made its FIRST EVER billionaire,” the California Lottery wrote on Twitter, although history has shown the winner will likely take the $997 million cash payout rather than the annuity spread over 30 years.

Officials did not reveal if the jackpot winner has come forward. It can take weeks or even months for the winner to claim the prize.

One Powerball ticket sold in Florida won the lottery’s Power Play Match that has a cash value of $2 million. Officials said that 23 other tickets sold across the United States won the Powerball Match, worth $1 million.

Monday night’s Powerball drawing was delayed for several hours until Tuesday morning due to issues with a participating lottery.

“Powerball has strict security requirements that must be met by all 48 lotteries before a drawing can occur,” a California Lottery spokesperson told NBC4.

The Powerball jackpot is by far the largest lottery jackpot ever, reaching the previous record of $1.586 billion in 2016. Three Powerball winners won that prize at the time.

Powerball is played in 45 states, Puerto Rico, the District of Columbia, and the U.S. Virgin Islands.

Taxes

The winner, should he or she take the cash payout option, will have a hefty tax bill. The winner will immediately owe 24 percent to the Internal Revenue Service in federal taxes and would then have to pay additional taxes when they file, according to a CNBC article on winners’ tax bill.

The highest federal tax bracket is 37 percent, applying to individuals who make $539,900 and $647,850 for married couples.

Winners also have to pay state taxes, although not in 14 states. Alabama, Alaska, California, Delaware, Florida, Hawaii, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Utah, Washington state, and Wyoming do not have additional taxes on lottery winnings, according to Fortune magazine.

The magazine’s analysis added that winners could have to pay as much as 8.82 percent in state taxes depending on where they live. The District of Columbia, meanwhile, levies a 10.75 percent tax on high earners.

Affiliate News Feeds

  • Reuters
  • Washington Examiner
  • The Federalist
  • The Epoch Times
  • The Guardian
  • The Gateway Pundit
  • Judicial Watch

By Tom Ozimek Protesters claiming voter disenfranchisement and a stolen election rallied near the Arizona state Capitol on Friday, demanding that the planned Nov. 28 certification of the 2022 election be halted and a… [...]

By Tom Ozimek Thin crowds of inflation-weary shoppers hunted for Black Friday deals, with foot traffic remaining sparse in many malls across the country as Americans instead flocked online, where… [...]

Custom website and graphic designer Lorie Smith doesn't want to be forced to create websites for same-sex weddings due to her Christian faith, an issue the Supreme Court will debate… [...]

You might be hard-pressed to come by Santa this year — just another long-term effect of the pandemic wreaking havoc on employee shortages. The average working Santa is of a… [...]

Advent draws us away from the spirit-stifling societal frenzy and into the quiet, where we can commune with God.  [...]

YouTube deleted the video comparing Trump's statements questioning the 2020 election results to Democrats questioning the 2016 contest. [...]

PHOENIX, Ariz.—They came. They sat. They protested, and they left. Few in attendance expected the disappointingly low turnout at a well publicized “sit-in” demonstration to demand a new midterm election… [...]

California Gov. Gavin Newsom talked about his plan for 2024 recently during an interview with Politico, as speculation circulated that he will run. Newsom, 55, reportedly told the White House… [...]

First such accord after leaving EU was predicted to bring £15bn boost but UK now lags rivalsThe first major free trade agreement signed by Britain after Brexit has been branded… [...]

Findings come amid mounting evidence that the poorest people in the UK are paying a ‘poverty premium’ for basic servicesMillions of households will be paying almost a third of their… [...]

Neoconservative war hawk John Bolton is trashing former President Donald Trump and championing Florida Governor Ron DeSantis for the White House in 2024. Trump has already announced his candidacy, while… [...]

A statue of Abraham Lincoln was vandalized in Chicago with red paint. Lincoln, of course, freed the slaves. The far-left vandals wrote messages like “colonizer” and “land back” along with… [...]

Happy Thanksgiving! Happy Thanksgiving! Each year I like to remind our supporters to recall what life was like for the Pilgrims who arrived on these shores in December of 1620.… [...]

From Washington Examiner: San Francisco’s district attorney has refused to release public documents and video of Paul Pelosi’s attack to conservative watchdog Judicial Watch, instead directing the group to a… [...]

NH Politician

NH POLITICIAN is owned and operated by USNN World News Corporation, a New Hampshire based media company specializing in the collection, publication and distribution of public opinion information, local,...