Powerball Winning Numbers Drawn August 3: Lottery Jackpot Skyrockets to $160 Million

Filed in Gather News Channel by on August 3, 2011 0 Comments

Is August 3rd your lucky day? Tonight’s Powerball winning numbers are worth an estimated $160,000,000. After Wednesday’s Powerball lottery results are revealed, will you be the one set for life? Match all six winning Powerball numbers and it could be yours. As Dirty Harry said, “You’ve got to ask yourself one question: ‘Do I feel lucky?’ Well, do ya punk?”

Photo source: mconnors

This is the tenth Powerball drawing since someone won $77,100,000 from a ticket purchased in Georgia. It’s been over a month without a jackpot winner, and tonight is a big one. $160,000,000 smackeroos—if you take the annuity option paid out over 30 annual payments. The winnings drop to $85,200,000 if you take the one-time cash option. You also have to think about the 25% federal taxes, and/or state taxes if your state imposes taxes on lottery winnings.

Latest Powerball Winners

Although there were no Powerball jackpot winners in the last Powerball drawing, it did produce four $200,000 lottery winners that matched five Powerball winning numbers, but not the Power Ball number. The winning Powerball tickets were purchased in Arkansas, Kentucky, Massachusetts, and North Carolina. Sadly, none of these winners spent the extra dollar for a PowerPlay ticket. If they had, they would be instant millionaires.

There were also 48 Match 4 + Powerball winners for $10,000 each. Eight of those winners purchased PowerPlay tickets. When multiplied by the PowerPlay number of 2, the lucky winners doubled their winnings with $20,000 each. All in all, there were a total of 1,094,051 Powerball winners for the Saturday drawing.

Don’t Miss Tonight’s Powerball Drawing!

The Wednesday, August 3, 2011 Powerball drawing is worth $160,000,000 annuity, or a $85,200,000 one-time, cash-value prize. The Powerball winning numbers are drawn live each Wednesday and Saturday evenings at 10:59pm, and is played in 42 States, Washington D.C. and the US Virgin Islands. You can catch the live drawing on select TV stations around the country, or by viewing PowerBall Live online, also at 10:59pm ET.

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.

Make sure to check the comments section at the bottom of this page shortly after the drawing for tonight’s winning Powerball numbers.

It’s about time someone else won. It may as well be you!

See all Donna’s posts at Gather.com.

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