There’s a new millionaire in Colorado as Powerball jackpot soars
Courtesy: Colorado Lottery
The third-largest jackpot in Powerball history is getting even bigger.
The Powerball jackpot rose from $1.2 billion to $1.4 billion overnight after Wednesday night’s drawing failed to secure a winner. The jackpot is now close to stealing the No. 2 spot, which currently sits at $1.586 billion.
But that isn’t to say there weren’t winners last night. In fact, 10 people became millionaires, including someone in Colorado.
Seven of the winning tickets are worth $1 million: two tickets in California, one in Colorado, another pair in New York and Pennsylvania, and two in Texas.
Colorado winners
A Powerball ticket worth $1 million was sold at the Shell gas station at 129494 S. Kipling in Littleton.
Other big Colorado Powerball winners include:
- $50,000 ticket: Kum & Go, 13802 Prominent Pt., Colorado Springs
- $50,000 ticket: Petro Stopping Centers, 2842 SE Frontage Rd., Johnstown
- $50,000 ticket: Circle K, 3040 N. Broadway, Boulder
- $50,000 ticket: Paisano Liquors, 139307 W. Bridge St., Brighton
Three more tickets chose the optional Power Play, meaning they’re worth a cool $2 million. Those tickets were sold in Kentucky, Pennsylvania and Texas.
It’s the first time in the game’s history that back-to-back cycles have generated billion-dollar prizes, according to Powerball.
The prize is also now the 7th-largest lottery jackpot in the U.S., behind earlier Powerball and Mega Millions prizes that all topped $1 billion. If won, it would be the second-largest Powerball prize this year.
The prize has grown so large because there have been more than 30 consecutive drawings without a big winner, dating to July 19. That streak without a jackpot winner is due to the game’s long odds, 1 in 292.2 million, that are designed to make winning rare so grand prizes can grow large.
The $1.4 billion prize is for a sole winner who chooses an annuity, with annual payments over 30 years. Winners almost always take the cash option.
Even with the smaller lump sum payout, federal taxes will eat into those winnings, and some states also tax big lottery prizes.
Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
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