Powerball Bounces to $600 Million: Here's Your Lottery Lowdown
Cross your fingers: Saturday's Powerball drawing could win somebody $600 million or more. But before the numbers are drawn, let's review some real-world lottery facts.
Cross your fingers: Saturday's Powerball drawing could win somebody $600 million or more. But before the numbers are drawn, let's review some real-world lottery facts.
The second winner of the $587.5 million Powerball jackpot is a 37-year-old electronics industry professional who grew up in a modest home in Pennsylvania and moved to an affluent Phoenix suburb last year before striking it rich in the lotto.
A 52-year-old Missouri mechanic and his wife claimed their share Friday of the record $588 million Powerball jackpot. Mike and Cindy Hill are taking the lump sum option, which means that after taxes, they will receive about $136.5 million.
Two lucky tickets -- one sold in Arizona and another in Missouri -- will split the largest Powerball jackpot ever. The numbers drawn Wednesday night for the $587.5 million prize were 5, 16, 22, 23, 29. The Powerball was 6. Winners have not yet come forward with either ticket.
For the winners of the $500 million Powerball jackpot, past winners of mega-lottery drawings have some sound financial advice: Stick to a budget, invest wisely, learn to say no and be prepared to lose friends while riding an emotional roller-coaster of joy, anxiety, guilt and distrust.




