Powerball Winner Matches Powerball Numbers: Georgia Lottery Sells $76M Winning Powerball Jackpot

Filed in Gather News Channel by on June 30, 2011 0 Comments

Congratulations! All six winning Powerball numbers were matched in Georgia on June 29, 2011. The Georgia Powerball winner—if indeed the lottery winner lives in Georgia, or bought the ticket passing through—is $77,100,000 richer this morning. What a way to wake up!

Photo credit: imelenchon from morguefile.com

Powerball Winning Numbers

The Powerball numbers for Wednesday, June 29, 2011, are 24, 30, 45, 57, 59, the Powerball is 26, and the PowerPlay number is X 3. The estimated Powerball jackpot was $76,000,000 on Wednesday. However, as the day wore on, the Powerball jackpot grew until it reached $77,100,000 annuity, or approximately $40,200,000 cash-value before taxes.

What if You Are the Powerball Winner? Now What?

The official Powerball website confirms the Georgia Lottery sold the winning Powerball ticket for $77,100,000. If you bought a Powerball ticket for Wednesday’s drawing, go check your tickets now. If you believe you’ve matched all six Powerball winning numbers, the Georgia Lottery suggests you sign the back of your ticket immediately, put it in a safe place, and call the Georgia Lottery headquarters as soon as possible to verify your ticket matched all six Powerball numbers. You have 60 days to decide if you want the annuity or cash option.

Decisions, Decisions: Powerball Annuity or One-Time Cash Option?

The newest Powerball winner now has some decisions to make. The lottery winner can choose the $77,100,000 annuity amount paid out over 30 annual payments, beginning with the first one now, or take the one-time cash-value amount. Both Powerball payout options are subjected to Georgia state income tax of 6 percent and federal income tax of 25 percent. Taxes are withheld from prizes of more than $5,000 when the prize is claimed.

See the article Mega Millions Winning Numbers: Jackpot Explodes to $105M, June 28 Lottery Results for the latest in Mega Millions lottery news.

Please Play Responsibly

Remember, playing the lottery should be fun, but sometimes too much lottery fun can be addictive and could ruin lives. Please play responsibly, and don’t spend more than you’re willing to lose.

See all Donna’s posts at Gather.com.

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