Powerball payout breakdown: What a $716 million winner takes home after taxes

The Powerball jackpot for Wednesday night's drawing sits at an estimated $716 million. However, the actual amount deposited into the winner's bank account will be significantly lower once the IRS and state tax agencies take their cuts.

Maryland teen wins $4.2 million lottery jackpot

A 19‑year‑old Riverdale man won a $4.2 million Multi‑Match jackpot, stunning the recent high school graduate and electrician’s apprentice. He told officials he was shocked to learn his ticket had hit the top prize.

Lottery Powerball Jackpot: $1.040 billion winning ticket sold in Illinois

A single ticket sold in Illinois matched all six numbers in Wednesday night’s drawing to win a $1.040 billion Powerball jackpot, the eighth‑largest in the game’s history. 

Powerball jackpot hits $1 billion ahead of next drawing

The Powerball jackpot has reached an estimated $1 billion ahead of the next drawing, making it one of the largest in the game's history, according to lottery officials.

Powerball jackpot surges to $856 million

The Powerball jackpot has now climbed to one of the top 10 largest in the game's history.

Powerball jackpot climbs to $786M ahead of Wednesday drawing

The Powerball jackpot has climbed to an estimated $786 million after no ticket matched all six numbers Monday night.

Florida cashier stole elderly man’s winning lottery ticket, deputies say

A Florida woman landed behind bars after allegedly pocketing a winning lottery ticket that belonged to an elderly man who hit it big after playing the same numbers every day.