Major Lottery Winner Last Night in New York State

Someone is VERY happy in New York State this morning. A big winner in the lottery is in New York State and has some life changing money.

The winning Mega Millions numbers for Tuesday, July 18:

19-22-31-37-54 +18

At an estimated 720 million dollars, you can win the pot coming up on FRIDAY. This is the 5th biggest Mega Millions lottery jackpot in history.

Powerball

When it comes to the Powerball, there were 5 million-dollar winners and one of them was in New York State.

The last winning Powerball on Monday, July 17, 2023:

5-8-9-1-41 +21

Wednesday's Powerball drawing of 1 billion dollars will be the 7th largest overall lottery jackpot and third largest Powerball jackpot.

If you were to win the lottery, what do you think that you would do? Would you take one lump sum, or would you get paid out year after year? If you take the year after year option, your yearly payment goes up each time by 5%. According to Annuity.com:

Annuity payments may vary by state and lottery company. Powerball’s annuity option offers 30 payments over 29 years.  Mega Millions’ annuity option uses an annually-increasing rate schedule. There is an initial payment and 29 annual payments, each larger than the previous year’s payout.

Hopefully, there is a winner tonight for the big Powerball Jackpot. When the record-setting jackpot was drawn last year, there was one of the biggest delays in Powerball history. For all states, there is a two-step verification and balance system to make sure that everything is fair and proper. In Minnesota, one of the steps did not balance out the other checks-and-balances causing a 10 hour delay in the lottery drawing.