A Powerball player in Oregon won a jackpot worth more than $1.3 billion on Sunday, ending a winless streak that had stretched more than three months.
A Powerball player in Oregon won a jackpot worth more than $1.3 billion on Sunday, ending a winless streak that had stretched more than three months. The single ticket matched all six numbers drawn to win the jackpot worth $1.326 billion, Powerball said in a statement. The jackpot has a cash value of $621 million if the winner chooses to take a lump sum rather than an annuity paid over 30 years, with an immediate payout followed by 29 annual installments.
The prize is subject to federal taxes, while many states also tax lottery winnings. Until the latest drawing, no one had won Powerball’s top prize since New Year’s Day, amounting to 41 consecutive drawings without a jackpot winner, tying a streak set twice before in 2022 and 2021. The $1.326 billion prize ranks as the eighth largest in U.S. lottery history
Powerball Oregon Jackpot Winless Streak Cash Value Lump Sum Annuity Federal Taxes Lottery Winnings
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