Bay Area Heartbreak -- Powerball Jackpot Winning Ticket Worth $731.1 Million Sold In Maryland
SAN FRANCISCO (CBS SF/AP) -- Bay Area dreams of becoming a multi-millionaire have been dashed for now, at least through a Powerball jackpot, after a single winning ticket was sold in Maryland Wednesday worth an estimated $731.1 million.
But take heart you still have the Friday's MegaMillions drawing worth a life changing $970 million.
Thanks to math and bad luck, lottery players had another shot at a giant jackpot Wednesday night that earlier had been estimated at $730 million, but it grew even further based on final ticket sales. Following the win, the new jackpot drops to an estimated $20 million for the next drawing Saturday.
The winning ticket for Wednesday's jackpot was sold in Allegany County, located in northwestern Maryland, but additional details weren't immediately available, the Maryland Lottery said in a statement. Just who gets these riches may never be known: In Maryland, winners have the right to remain anonymous.
The Powerball jackpot was the fifth-largest U.S. lottery jackpot ever. Winning numbers for Wednesday night's Powerball drawing were: 40-53-60-68-69 and a Powerball of 22.
It was the first time both lottery jackpots topped $700 million. The biggest prize was a $1.58 billion Powerball jackpot won by three people in 2016.
No one had won either of the jackpots since mid-September, allowing the prizes to grow steadily for months. Such a long stretch without a winner is rare but also reflects the incredibly small odds of winning — 1 in 292.2 million for Powerball and 1 in 302.5 million for Mega Millions.
The prizes listed are for winners who choose an annuity option, paid over 30 years. Most winners opt for cash prizes, which for Mega Millions would be $716.3 million and $546.8 million for Wednesday's Powerball. After the Powerball win, the new jackpot has a $15 million cash value.
Those prizes also would be subject to federal taxes, and most states would take a cut as well.
Mega Millions and Powerball are both played in 45 states as well as Washington, D.C., and the U.S. Virgin Islands. Powerball also is offered in Puerto Rico.
