Powerball Winner in Florida Wins $450 Million Jackpot


Powerball Winner in Florida Wins $450 Million Jackpot

On Saturday, January 7, 2023, a fortunate ticket holder in Florida grew to become the only real winner of a $450 million Powerball jackpot. That is the fifth-largest Powerball jackpot ever gained within the state of Florida and the Eleventh-largest within the historical past of the Powerball recreation.

The profitable numbers have been 13, 19, 36, 39, and 59, with a Powerball variety of 13. The fortunate ticket was bought at a Publix grocery store in Melbourne, Florida.

The winner of the jackpot has but to return ahead, and the Florida Lottery has suggested the winner to seek the advice of with authorized and monetary advisors earlier than claiming the prize.

Powerball Profitable in Florida

Listed here are 9 necessary factors concerning the Powerball profitable in Florida:

  • $450 million jackpot
  • Fifth-largest in Florida
  • Eleventh-largest in Powerball historical past
  • Profitable numbers: 13, 19, 36, 39, 59
  • Powerball quantity: 13
  • Bought at Publix in Melbourne, Florida
  • Winner but to return ahead
  • Seek the advice of authorized and monetary advisors earlier than claiming prize
  • Taxes: 24% federal withholding, state taxes could apply

The Powerball recreation is performed in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Drawings are held each Wednesday and Saturday at 10:59 PM ET.

$450 million jackpot

The $450 million jackpot gained in Florida is the fifth-largest Powerball jackpot ever gained within the state and the Eleventh-largest within the historical past of the Powerball recreation. The jackpot was gained on Saturday, January 7, 2023, by a single ticket holder who matched all 5 white balls and the Powerball quantity.

The fortunate winner has but to return ahead, however the Florida Lottery has suggested them to seek the advice of with authorized and monetary advisors earlier than claiming the prize. The winner has 180 days from the date of the drawing to say the prize.

The $450 million jackpot will be paid out in 30 annual installments or as a one-time lump sum cost of $284.1 million. The winner may also should pay taxes on the winnings. The federal withholding tax price for lottery winnings is 24%, and state taxes can also apply.

Regardless of the massive jackpot, the percentages of profitable the Powerball are very slim. The percentages of profitable the jackpot are 1 in 292.2 million. Nevertheless, somebody has to win, and it is all the time thrilling to dream about what you’d do if you happen to have been the fortunate winner.

The Powerball recreation is performed in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Drawings are held each Wednesday and Saturday at 10:59 PM ET.

Fifth-largest in Florida

The $450 million Powerball jackpot gained on January 7, 2023, is the fifth-largest Powerball jackpot ever gained within the state of Florida. The earlier report was set in January 2019, when a single ticket holder gained a $390 million jackpot.

Florida has been a fortunate state for Powerball winners lately. In 2017, a single ticket holder in Melbourne Seashore gained a $473 million Powerball jackpot. And in 2016, three ticket holders in Florida shared a $533 million Powerball jackpot.

Total, Florida ranks fourth amongst all states within the variety of Powerball jackpots gained, with a complete of 15 jackpots gained because the recreation started in 1992. California is the luckiest state, with 17 Powerball jackpots gained.

Whereas the percentages of profitable the Powerball jackpot are very slim, it is all the time thrilling to dream about what you’d do if you happen to have been the fortunate winner. Would you stop your job? Purchase a brand new home? Journey the world? The chances are limitless.

The Powerball recreation is performed in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Drawings are held each Wednesday and Saturday at 10:59 PM ET.

Eleventh-largest in Powerball historical past

The $450 million Powerball jackpot gained in Florida on January 7, 2023, is the Eleventh-largest Powerball jackpot ever gained within the historical past of the sport. The most important Powerball jackpot ever gained was a $1.586 billion jackpot gained by three ticket holders in 2016.

The Powerball jackpot has been gained over 700 instances because the recreation started in 1992. The typical jackpot measurement is round $100 million, however there have been a lot of jackpots which have exceeded $500 million.

The Powerball recreation is performed in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Drawings are held each Wednesday and Saturday at 10:59 PM ET.

Whereas the percentages of profitable the Powerball jackpot are very slim, it is all the time thrilling to dream about what you’d do if you happen to have been the fortunate winner. Would you stop your job? Purchase a brand new home? Journey the world? The chances are limitless.

Here’s a listing of the highest 10 largest Powerball jackpots ever gained:

  1. $1.586 billion (2016)
  2. $768.4 million (2018)
  3. $758.7 million (2017)
  4. $730 million (2020)
  5. $699.8 million (2021)
  6. $687.8 million (2018)
  7. $590.5 million (2013)
  8. $587.5 million (2012)
  9. $564.1 million (2015)
  10. $533 million (2016)

Profitable numbers: 13, 19, 36, 39, 59

The profitable numbers for the $450 million Powerball jackpot gained in Florida on January 7, 2023, have been 13, 19, 36, 39, and 59. The Powerball quantity was 13.

  • 13

    The quantity 13 is taken into account an unfortunate quantity in some cultures, nevertheless it was fortunate for the Florida lottery winner. It’s also the second-smallest prime quantity.

  • 19

    The quantity 19 is a main quantity and can be the atomic variety of potassium. It’s also the age at which many individuals in the US graduate from highschool.

  • 36

    The quantity 36 is an ideal quantity, which implies that it is the same as the sum of its correct divisors (1, 2, 3, 4, 9, and 18). It’s also the variety of states in the US that enable Powerball.

  • 39

    The quantity 39 is a composite quantity and can be the atomic variety of yttrium. It’s also the variety of books within the Outdated Testomony of the Bible.

  • 59

    The quantity 59 is a main quantity and can be the atomic variety of praseodymium. It’s also the variety of seconds in a minute.

The Powerball recreation is performed in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Drawings are held each Wednesday and Saturday at 10:59 PM ET.

Powerball quantity: 13

The Powerball quantity for the $450 million Powerball ticket gained in Florida on January 7, 2023, was 13. Which means that the ticket holder matched all 5 white balls and the Powerball quantity.

The Powerball quantity is a single-digit quantity that’s drawn individually from the 5 white balls. The Powerball quantity will be any quantity from 1 to 69.

Matching the Powerball quantity will not be essential to win a prize within the Powerball recreation. Nevertheless, matching the Powerball quantity will increase the worth of the prize. For instance, if you happen to match all 5 white balls however not the Powerball quantity, you’ll win the second prize, which is usually value a number of million {dollars}.

Matching all 5 white balls and the Powerball quantity is the one approach to win the Powerball grand prize. The grand prize is usually value over $100 million, and it may possibly typically attain over $1 billion.

The Powerball recreation is performed in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Attracts are held each Wednesday and Saturday at 10:59 PM ET.

Bought at Publix in Melbourne, Florida

The profitable Powerball ticket for the $450 million jackpot gained in Florida on January 7, 2023, was bought at a Publix grocery store in Melbourne, Florida.

Publix is a well-liked grocery retailer chain within the southeastern United States. The shop the place the profitable ticket was bought is situated at 1900 West Eau Gallie Boulevard in Melbourne.

The Florida Lottery has not but launched the identify of the winner, however they’ve stated that the winner is a single ticket holder.

The Publix retailer the place the profitable ticket was bought will obtain a $100,000 bonus from the Florida Lottery. This can be a commonplace bonus that the Florida Lottery offers to retailers that promote profitable lottery tickets value $1 million or extra.

The Powerball recreation is performed in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Drawings are held each Wednesday and Saturday at 10:59 PM ET.

Winner but to return ahead

The winner of the $450 million Powerball jackpot gained in Florida on January 7, 2023, has but to return ahead. This isn’t unusual. Winners typically take a while to return ahead for a wide range of causes.

  • Shock

    Profitable a big lottery jackpot could be a life-changing occasion. It’s not unusual for winners to expertise shock and disbelief within the instant aftermath of their win.

  • Concern

    Some winners are afraid of the publicity that comes with profitable a lottery jackpot. They could even be afraid of being focused by scammers or criminals.

  • Authorized and monetary recommendation

    Winners are suggested to seek the advice of with authorized and monetary advisors earlier than claiming their prize. This course of can take a while.

  • Anonymity

    Some states enable lottery winners to stay nameless. This could be a consider why some winners delay coming ahead.

The Florida Lottery has suggested the winner to return ahead as quickly as doable. The winner has 180 days from the date of the drawing to say the prize.

Seek the advice of authorized and monetary advisors earlier than claiming prize

The Florida Lottery advises all lottery winners to seek the advice of with authorized and monetary advisors earlier than claiming their prize. That is particularly necessary for winners of huge jackpots, such because the $450 million Powerball jackpot gained in Florida on January 7, 2023.

  • Authorized recommendation

    A lawyer may also help you perceive your rights and duties as a lottery winner. They will additionally provide help to create a plan for managing your winnings and defending your privateness.

  • Monetary recommendation

    A monetary advisor may also help you develop a plan for investing your winnings and ensuring that your cash lasts. They will additionally provide help to keep away from making expensive errors.

  • Tax recommendation

    You have to to pay taxes in your lottery winnings. A tax advisor may also help you perceive your tax obligations and just remember to are paying the right amount of taxes.

  • Property planning

    When you win a big lottery jackpot, you need to contemplate creating an property plan. This may assist make sure that your winnings are distributed based on your needs after your dying.

Consulting with authorized and monetary advisors earlier than claiming your lottery prize is a vital step in defending your winnings and guaranteeing that you just benefit from your newfound wealth.

Taxes: 24% federal withholding, state taxes could apply

Lottery winners in the US are required to pay taxes on their winnings. The federal withholding tax price for lottery winnings is 24%. Which means that the IRS will withhold 24% of your winnings earlier than you obtain them.

  • Federal earnings tax

    Along with the federal withholding tax, additionally, you will have to pay federal earnings tax in your lottery winnings. The federal earnings tax price for lottery winnings is identical as the speed for different kinds of earnings.

  • State taxes

    Some states additionally impose a tax on lottery winnings. The state tax price for lottery winnings varies from state to state. In Florida, the state tax price for lottery winnings is 5.5%.

  • Native taxes

    Some native governments additionally impose a tax on lottery winnings. The native tax price for lottery winnings varies from locality to locality.

  • Taxes on curiosity and investments

    When you make investments your lottery winnings, you will want to pay taxes on the curiosity and capital features that you just earn. The tax price for curiosity and capital features varies relying in your earnings and different components.

It is very important seek the advice of with a tax advisor to know your tax obligations as a lottery winner. This may provide help to keep away from paying extra taxes than you owe.

FAQ

Listed here are some incessantly requested questions concerning the $450 million Powerball jackpot gained in Florida on January 7, 2023:

Query 1: What are the profitable numbers?
Reply: The profitable numbers are 13, 19, 36, 39, and 59. The Powerball quantity was 13.

Query 2: The place was the profitable ticket bought?
Reply: The profitable ticket was bought at a Publix grocery store in Melbourne, Florida.

Query 3: Has the winner come ahead?
Reply: No, the winner has not but come ahead.

Query 4: What ought to the winner do first?
Reply: The winner ought to seek the advice of with authorized and monetary advisors earlier than claiming the prize.

Query 5: How a lot will the winner pay in taxes?
Reply: The winner pays 24% federal withholding tax and 5.5% state tax in Florida. The winner can also should pay native taxes.

Query 6: What’s one of the simplest ways to take a position the winnings?
Reply: The winner ought to seek the advice of with a monetary advisor to develop an funding plan that meets their particular person wants and objectives.

Query 7: What ought to the winner do to guard their privateness?
Reply: The winner can stay nameless in Florida. They need to additionally contemplate making a belief to assist defend their privateness.

Closing Paragraph for FAQ: Keep in mind that profitable the lottery is a life-changing occasion. It is very important take a while to plan for the long run and make smart selections about tips on how to use your winnings.

Listed here are some extra suggestions for lottery winners:

Ideas

Listed here are some sensible suggestions for lottery winners in Florida:

Tip 1: Signal the again of your ticket instantly.
This may assist to guard your ticket in case it’s misplaced or stolen.

Tip 2: Preserve your ticket in a secure place.
It’s best to preserve your ticket in a secure place, similar to a secure deposit field, till you might be prepared to say your prize.

Tip 3: Seek the advice of with authorized and monetary advisors.
Earlier than you declare your prize, you need to seek the advice of with authorized and monetary advisors that will help you perceive your rights and duties as a lottery winner.

Tip 4: Think about making a belief.
Making a belief may also help you to guard your privateness and handle your winnings extra successfully.

Closing Paragraph for Ideas: Keep in mind that profitable the lottery is a life-changing occasion. It is very important take a while to plan for the long run and make smart selections about tips on how to use your winnings.

Now that you’ve got a greater understanding of the Florida Powerball lottery, you can begin taking part in and dreaming of profitable the massive prize.

Conclusion

The $450 million Powerball jackpot gained in Florida on January 7, 2023, is a life-changing occasion for the fortunate winner. The winner has but to return ahead, however they’ve 180 days from the date of the drawing to say their prize.

The profitable ticket was bought at a Publix grocery store in Melbourne, Florida. The profitable numbers have been 13, 19, 36, 39, and 59. The Powerball quantity was 13.

The winner pays 24% federal withholding tax and 5.5% state tax in Florida. The winner can also should pay native taxes.

Earlier than claiming the prize, the winner ought to seek the advice of with authorized and monetary advisors to assist them perceive their rights and duties as a lottery winner.

Closing Message: Profitable the lottery is a dream come true for many individuals. Nevertheless, you will need to do not forget that profitable the lottery can be an enormous duty. The winner ought to take a while to plan for the long run and make smart selections about tips on how to use their winnings.