{"id":33597,"date":"2016-01-14T16:30:01","date_gmt":"2016-01-15T00:30:01","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=33597"},"modified":"2016-01-14T16:31:28","modified_gmt":"2016-01-15T00:31:28","slug":"1-6-billion-powerball-lottery-prize-split-three-ways","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/1-6-billion-powerball-lottery-prize-split-three-ways\/","title":{"rendered":"$1.6 Billion Powerball Lottery Prize Split Three Ways"},"content":{"rendered":"
\"Three
Powerball to the third power: three winners will split the biggest lottery jackpot ever, but expect more dizzying jackpots to come, thanks to recent rule changes. (Image: kron4.com)<\/figcaption><\/figure>\n

The record $1.6 billion Powerball Lottery jackpot will be split between three winners.<\/p>\n

Lottery officials said this morning that three winning tickets had been sold respectively in Tennessee, California, and Florida, although as of Thursday morning, none of the winners had come forward.<\/p>\n

The winning numbers, incidentally, were 08 27 34 04 19 and Powerball 10. They seem so obvious now, don\u2019t they?<\/span><\/p>\n

Thousands of people lined up outside the convenience stores of America on Wednesday as lottery fever gripped the nation. <\/span><\/p>\n

Meanwhile, Lottoland, a company that sells domestic lottery tickets abroad, reported that its website crashed, after 107,000 Australians signed-up to the site and overwhelmed its servers. <\/span><\/p>\n

The company had just this week received its license to operate in Australia. \u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n

Crowds Gather<\/b><\/h2>\n

According to the California Lottery<\/a>, a crowd gathered last night at the 7-Eleven store in Chino Hills, where one of the winning tickets had been sold, cheering and taking pictures. The store itself will receive a bonus of $1 million. \u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n

The fact that we have three winners, of course, means that we\u2019re not looking at the biggest-ever payout in the history of the lottery, but it\u2019s close. That record remains the $590 million windfall that befell one lucky Floridian in May 2013.<\/strong> <\/span><\/p><\/blockquote>\n

Each winner from yesterday\u2019s draw will take home $528.8 million before taxes (federal tax is 39 percent, but there will be state and local taxes to pay as well), and substantially less if they want to take a lump sum, rather than receive the money in annual installments over the next 29 years after the initial payout. <\/span><\/p>\n

The lump sum prize, incidentally, would be a paltry $310 million.<\/span><\/p>\n

Fiddling with Their Balls<\/b><\/h2>\n

And if you think $1.6 billion is an insane amount of money for a lottery win, you\u2019d better get used to it. <\/span><\/p>\n

This staggering jackpot is no accident: it\u2019s all thanks to a rule change enacted by the Multi-State Lottery Association\u00a0in October that sneakily made the jackpot harder to win, while simultaneously increasing public interest. \u00a0<\/span><\/p>\n

The association increased the number of white balls from 59 to 69, which makes it easier to win a small prize ($4 and $7), but reduced the number of Powerball options from 36 to 26. In doing so, it stretched the odds of winning the jackpot from roughly 1 in 175\u00a0million to about 1 in 292\u00a0million.<\/span><\/p>\n

\u201cPowerball has been revamped seven other times in its 23-year history so that the game can continue\u00a0to be attractive to players by delivering the big jackpots that players want, and these new changes will\u00a0do just that,\u201d Gary Grief, executive director of the Texas Lottery, said recently.<\/span><\/p>\n

In short, expect the lottery jackpot to climb to even dizzier heights soon, just don\u2019t expect to win it. \u00a0Although somewhere in California<\/a>, Florida, and Tennessee, three lucky folks just beat the craziest gambling odds around.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The record $1.6 billion Powerball Lottery jackpot will be split between three winners. Lottery officials said this morning that three winning tickets had been sold respectively in Tennessee, California, and Florida, although as of Thursday morning, none of the winners had come forward. The winning numbers, incidentally, were 08 27 34 04 19 and Powerball […]<\/p>\n","protected":false},"author":42,"featured_media":33598,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[],"acf":[],"yoast_head":"\n$1.6 Billion Powerball Lottery Prize Split Three Ways<\/title>\n<meta name=\"description\" content=\"Powerball jackpot to be shared by three winners, but expect more crazy jackpots to come\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$1.6 Billion Powerball Lottery Prize Split Three Ways\" \/>\n<meta property=\"og:description\" content=\"Powerball jackpot to be shared by three winners, but expect more crazy jackpots to come\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/1-6-billion-powerball-lottery-prize-split-three-ways\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2016-01-15T00:30:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-01-15T00:31:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/01\/powerball.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"635\" \/>\n\t<meta property=\"og:image:height\" content=\"476\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/1-6-billion-powerball-lottery-prize-split-three-ways\/\",\"url\":\"https:\/\/www.casino.org\/news\/1-6-billion-powerball-lottery-prize-split-three-ways\/\",\"name\":\"$1.6 Billion Powerball Lottery Prize Split Three Ways\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/1-6-billion-powerball-lottery-prize-split-three-ways\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/1-6-billion-powerball-lottery-prize-split-three-ways\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/01\/powerball.jpg\",\"datePublished\":\"2016-01-15T00:30:01+00:00\",\"dateModified\":\"2016-01-15T00:31:28+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"Powerball jackpot to be shared by three winners, but expect more crazy jackpots to come\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/1-6-billion-powerball-lottery-prize-split-three-ways\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/1-6-billion-powerball-lottery-prize-split-three-ways\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/1-6-billion-powerball-lottery-prize-split-three-ways\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/01\/powerball.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/01\/powerball.jpg\",\"width\":635,\"height\":476,\"caption\":\"Powerball to the third power: three winners will split the biggest lottery jackpot ever, but expect more dizzying jackpots to come, thanks to recent rule changes. 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