Explore the latest developments concerning Powerball winning numbers.
Powerball winning numbers live drawing tonight Dec. 8: $875 million jackpot up for grabs
Watch Powerball drawings streamed on ABC 7 New York on Monday, Wednesday and Saturday at 10:59 p.m.
NEW YORK (WABC) — The winning numbers have been drawn for Monday night's Powerball jackpot worth $880 million.
The jackpot has been growing since September 6 when two tickets in Missouri and Texas split $1.787 Billion dollars.
The odds of winning are 1 in over 292 million, according to Powerball.
Powerball tickets are $2 per play. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. More than half of all proceeds from the sale of a Powerball ticket remain in the jurisdiction where the ticket was sold. Since its first drawing in 1992, the Powerball game has helped generate more than $36 billion for good causes supported by U.S. lotteries.
Powerball Jackpot Climbs To $875 Million—But A Winner Would Get Much Less After Taxes
The Powerball jackpot rose to $875 million after no winners were drawn on Saturday night—but a player purchasing a winning ticket before the next drawing will take home substantially less after taxes.
No tickets were sold matching all six numbers drawn on Saturday (13, 14, 26, 28, 44 and Powerball number 7), meaning the jackpot is growing again before the next drawing scheduled for Monday night.
If a winner does purchase a ticket with six matching numbers for Monday’s drawing, they will get to choose between receiving $875 million in 30 annualized payments or taking a lump sum of $403.6 million immediately.
If the winner picks the lump sum, the more popular option, they will immediately face a 24% federal withholding tax, bringing the jackpot down to $306.7 million.
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