jackpot. it was sold in brooklyn, new york. jacqui heinrich is live in our new york newsroom with more. are you the winner? do you know what? i would not be here. i would be in this chair. the powerball number resets to a measly $40 million after the one lucky person to calm the big jackpot. the winning numbers were 5, 25, 38, 62, and 7. the powerball, for $298 million. the big winner was sold on linden boulevard in brooklyn, new york. downside is of course the taxes. the biggest chunk of change takes 37% in federal income tax and new york has the highest state taxes in the country at 8.82%. still, a lot of dough for just one person. i come here every morning and i m like damn, you could have given me the ticket. but good luck, i wish everybody
i ve got $10. $10. unbelievable. the only reason is because it is as big as it is. i don t normally play, but it s a huge one. if i win, all my relatives are winning. well, even if you re lucky enough to win, you will be sharing that prize with uncle sam. if you take the cash paver sus installments pay versus installments over 29 years, you lose 37% in federal income tax, bringing that number down to 569 million and that is all before you get hit with the state tax. the highest state taxes are in new york. at 8.82%. despite all odds, studies show that 2/3 of americans play the lottery on average spending about $200 a year. the mega millions drawing is on tuesday. with powerball tonight measly 470 million dollars. jon? jon: only 470 million. that s it. jon: jackie in new york city,
the odds of winning but allowing the jackpot to reach record highs. the theory that bigger jackpots would draw more attention lead to more tickets sold. the chances of winning dropped from 1 in 259 million, to 1 in 302.5 million. it hasn t stopped people from playing. if you don t get a chance, so you have to play somehow. you have to. i never play so i thought well why not. i mean, if i can buy a candy bar, i can buy a ticket. even if you re lucky enough to win, you will be sharing that prize with uncle sam. if you take the cash paver sus installments pay versus installments over the years. you lose 37% in federal income tax bringing the number to 569 million. that s all before you get hit with the state tax. the highest state taxes are in new york at 8.82%. the drawing for that mega ball jackpot is next tuesday. but the powerball, that is tonight. that jackpot though is a measly
i ve got $10. $10. unbelievable. the only reason is because it is as big as it is. i don t normally play, but it s a huge one. if i win, all my relatives are winning. well, even if you re lucky enough to win, you will be sharing that prize with uncle sam. if you take the cash paver sus installments pay versus installments over 29 years, you lose 37% in federal income tax, bringing that number down to 569 million and that is all before you get hit with the state tax. the highest state taxes are in new york. at 8.82%. despite all odds, studies show that 2/3 of americans play the lottery on average spending about $200 a year. the mega millions drawing is on tuesday. with powerball tonight measly 470 million dollars. jon? jon: only 470 million. that s it. jon: jackie in new york city,