Powerball Winner in Florida Wins $450 Million Jackpot


Powerball Winner in Florida Wins $450 Million Jackpot

On Saturday, January 7, 2023, a fortunate ticket holder in Florida turned the only winner of a $450 million Powerball jackpot. That is the fifth-largest Powerball jackpot ever received within the state of Florida and the Eleventh-largest within the historical past of the Powerball recreation.

The profitable numbers had been 13, 19, 36, 39, and 59, with a Powerball variety of 13. The fortunate ticket was bought at a Publix grocery store in Melbourne, Florida.

The winner of the jackpot has but to return ahead, and the Florida Lottery has suggested the winner to seek the advice of with authorized and monetary advisors earlier than claiming the prize.

Powerball Profitable in Florida

Listed here are 9 vital factors concerning the Powerball profitable in Florida:

  • $450 million jackpot
  • Fifth-largest in Florida
  • Eleventh-largest in Powerball historical past
  • Profitable numbers: 13, 19, 36, 39, 59
  • Powerball quantity: 13
  • Bought at Publix in Melbourne, Florida
  • Winner but to return ahead
  • Seek the advice of authorized and monetary advisors earlier than claiming prize
  • Taxes: 24% federal withholding, state taxes could apply

The Powerball recreation is performed in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Drawings are held each Wednesday and Saturday at 10:59 PM ET.

$450 million jackpot

The $450 million jackpot received in Florida is the fifth-largest Powerball jackpot ever received within the state and the Eleventh-largest within the historical past of the Powerball recreation. The jackpot was received on Saturday, January 7, 2023, by a single ticket holder who matched all 5 white balls and the Powerball quantity.

The fortunate winner has but to return ahead, however the Florida Lottery has suggested them to seek the advice of with authorized and monetary advisors earlier than claiming the prize. The winner has 180 days from the date of the drawing to assert the prize.

The $450 million jackpot may be paid out in 30 annual installments or as a one-time lump sum fee of $284.1 million. The winner can even need to pay taxes on the winnings. The federal withholding tax fee for lottery winnings is 24%, and state taxes may apply.

Regardless of the big jackpot, the percentages of profitable the Powerball are very slim. The percentages of profitable the jackpot are 1 in 292.2 million. Nevertheless, somebody has to win, and it is at all times thrilling to dream about what you’ll do should you had been the fortunate winner.

The Powerball recreation is performed in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Drawings are held each Wednesday and Saturday at 10:59 PM ET.

Fifth-largest in Florida

The $450 million Powerball jackpot received on January 7, 2023, is the fifth-largest Powerball jackpot ever received within the state of Florida. The earlier file was set in January 2019, when a single ticket holder received a $390 million jackpot.

Florida has been a fortunate state for Powerball winners lately. In 2017, a single ticket holder in Melbourne Seashore received a $473 million Powerball jackpot. And in 2016, three ticket holders in Florida shared a $533 million Powerball jackpot.

Total, Florida ranks fourth amongst all states within the variety of Powerball jackpots received, with a complete of 15 jackpots received for the reason that recreation started in 1992. California is the luckiest state, with 17 Powerball jackpots received.

Whereas the percentages of profitable the Powerball jackpot are very slim, it is at all times thrilling to dream about what you’ll do should you had been the fortunate winner. Would you stop your job? Purchase a brand new home? Journey the world? The probabilities are infinite.

The Powerball recreation is performed in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Drawings are held each Wednesday and Saturday at 10:59 PM ET.

Eleventh-largest in Powerball historical past

The $450 million Powerball jackpot received in Florida on January 7, 2023, is the Eleventh-largest Powerball jackpot ever received within the historical past of the sport. The biggest Powerball jackpot ever received was a $1.586 billion jackpot received by three ticket holders in 2016.

The Powerball jackpot has been received over 700 instances for the reason that recreation started in 1992. The typical jackpot dimension is round $100 million, however there have been plenty of jackpots which have exceeded $500 million.

The Powerball recreation is performed in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Drawings are held each Wednesday and Saturday at 10:59 PM ET.

Whereas the percentages of profitable the Powerball jackpot are very slim, it is at all times thrilling to dream about what you’ll do should you had been the fortunate winner. Would you stop your job? Purchase a brand new home? Journey the world? The probabilities are infinite.

Here’s a checklist of the highest 10 largest Powerball jackpots ever received:

  1. $1.586 billion (2016)
  2. $768.4 million (2018)
  3. $758.7 million (2017)
  4. $730 million (2020)
  5. $699.8 million (2021)
  6. $687.8 million (2018)
  7. $590.5 million (2013)
  8. $587.5 million (2012)
  9. $564.1 million (2015)
  10. $533 million (2016)

Profitable numbers: 13, 19, 36, 39, 59

The profitable numbers for the $450 million Powerball jackpot received in Florida on January 7, 2023, had been 13, 19, 36, 39, and 59. The Powerball quantity was 13.

  • 13

    The quantity 13 is taken into account an unfortunate quantity in some cultures, however it was fortunate for the Florida lottery winner. Additionally it is the second-smallest prime quantity.

  • 19

    The quantity 19 is a chief quantity and can also be the atomic variety of potassium. Additionally it is the age at which many individuals in the US graduate from highschool.

  • 36

    The quantity 36 is an ideal quantity, which signifies that it is the same as the sum of its correct divisors (1, 2, 3, 4, 9, and 18). Additionally it is the variety of states in the US that permit Powerball.

  • 39

    The quantity 39 is a composite quantity and can also be the atomic variety of yttrium. Additionally it is the variety of books within the Previous Testomony of the Bible.

  • 59

    The quantity 59 is a chief quantity and can also be the atomic variety of praseodymium. Additionally it is the variety of seconds in a minute.

The Powerball recreation is performed in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Drawings are held each Wednesday and Saturday at 10:59 PM ET.

Powerball quantity: 13

The Powerball quantity for the $450 million Powerball ticket received in Florida on January 7, 2023, was 13. Which means the ticket holder matched all 5 white balls and the Powerball quantity.

The Powerball quantity is a single-digit quantity that’s drawn individually from the 5 white balls. The Powerball quantity may be any quantity from 1 to 69.

Matching the Powerball quantity isn’t essential to win a prize within the Powerball recreation. Nevertheless, matching the Powerball quantity will increase the worth of the prize. For instance, should you match all 5 white balls however not the Powerball quantity, you’ll win the second prize, which is usually value a number of million {dollars}.

Matching all 5 white balls and the Powerball quantity is the one approach to win the Powerball grand prize. The grand prize is usually value over $100 million, and it may typically attain over $1 billion.

The Powerball recreation is performed in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Attracts are held each Wednesday and Saturday at 10:59 PM ET.

Bought at Publix in Melbourne, Florida

The profitable Powerball ticket for the $450 million jackpot received in Florida on January 7, 2023, was bought at a Publix grocery store in Melbourne, Florida.

Publix is a well-liked grocery retailer chain within the southeastern United States. The shop the place the profitable ticket was bought is situated at 1900 West Eau Gallie Boulevard in Melbourne.

The Florida Lottery has not but launched the title of the winner, however they’ve stated that the winner is a single ticket holder.

The Publix retailer the place the profitable ticket was bought will obtain a $100,000 bonus from the Florida Lottery. This can be a commonplace bonus that the Florida Lottery provides to retailers that promote profitable lottery tickets value $1 million or extra.

The Powerball recreation is performed in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Drawings are held each Wednesday and Saturday at 10:59 PM ET.

Winner but to return ahead

The winner of the $450 million Powerball jackpot received in Florida on January 7, 2023, has but to return ahead. This isn’t unusual. Winners usually take a while to return ahead for a wide range of causes.

  • Shock

    Profitable a big lottery jackpot is usually a life-changing occasion. It’s not unusual for winners to expertise shock and disbelief within the rapid aftermath of their win.

  • Concern

    Some winners are afraid of the publicity that comes with profitable a lottery jackpot. They could even be afraid of being focused by scammers or criminals.

  • Authorized and monetary recommendation

    Winners are suggested to seek the advice of with authorized and monetary advisors earlier than claiming their prize. This course of can take a while.

  • Anonymity

    Some states permit lottery winners to stay nameless. This is usually a think about why some winners delay coming ahead.

The Florida Lottery has suggested the winner to return ahead as quickly as attainable. The winner has 180 days from the date of the drawing to assert the prize.

Seek the advice of authorized and monetary advisors earlier than claiming prize

The Florida Lottery advises all lottery winners to seek the advice of with authorized and monetary advisors earlier than claiming their prize. That is particularly vital for winners of huge jackpots, such because the $450 million Powerball jackpot received in Florida on January 7, 2023.

  • Authorized recommendation

    A lawyer can assist you perceive your rights and tasks as a lottery winner. They will additionally assist you create a plan for managing your winnings and defending your privateness.

  • Monetary recommendation

    A monetary advisor can assist you develop a plan for investing your winnings and ensuring that your cash lasts. They will additionally assist you keep away from making pricey errors.

  • Tax recommendation

    You will have to pay taxes in your lottery winnings. A tax advisor can assist you perceive your tax obligations and just remember to are paying the correct quantity of taxes.

  • Property planning

    In case you win a big lottery jackpot, it is best to contemplate creating an property plan. It will assist be certain that your winnings are distributed in line with your needs after your dying.

Consulting with authorized and monetary advisors earlier than claiming your lottery prize is a crucial step in defending your winnings and making certain that you simply profit from your newfound wealth.

Taxes: 24% federal withholding, state taxes could apply

Lottery winners in the US are required to pay taxes on their winnings. The federal withholding tax fee for lottery winnings is 24%. Which means the IRS will withhold 24% of your winnings earlier than you obtain them.

  • Federal revenue tax

    Along with the federal withholding tax, additionally, you will must pay federal revenue tax in your lottery winnings. The federal revenue tax fee for lottery winnings is similar as the speed for different sorts of revenue.

  • State taxes

    Some states additionally impose a tax on lottery winnings. The state tax fee for lottery winnings varies from state to state. In Florida, the state tax fee for lottery winnings is 5.5%.

  • Native taxes

    Some native governments additionally impose a tax on lottery winnings. The native tax fee for lottery winnings varies from locality to locality.

  • Taxes on curiosity and investments

    In case you make investments your lottery winnings, you will want to pay taxes on the curiosity and capital features that you simply earn. The tax fee for curiosity and capital features varies relying in your revenue and different elements.

You will need to seek the advice of with a tax advisor to know your tax obligations as a lottery winner. It will assist you keep away from paying extra taxes than you owe.

FAQ

Listed here are some often requested questions concerning the $450 million Powerball jackpot received in Florida on January 7, 2023:

Query 1: What are the profitable numbers?
Reply: The profitable numbers are 13, 19, 36, 39, and 59. The Powerball quantity was 13.

Query 2: The place was the profitable ticket bought?
Reply: The profitable ticket was bought at a Publix grocery store in Melbourne, Florida.

Query 3: Has the winner come ahead?
Reply: No, the winner has not but come ahead.

Query 4: What ought to the winner do first?
Reply: The winner ought to seek the advice of with authorized and monetary advisors earlier than claiming the prize.

Query 5: How a lot will the winner pay in taxes?
Reply: The winner can pay 24% federal withholding tax and 5.5% state tax in Florida. The winner may need to pay native taxes.

Query 6: What’s one of the best ways to speculate the winnings?
Reply: The winner ought to seek the advice of with a monetary advisor to develop an funding plan that meets their particular person wants and targets.

Query 7: What ought to the winner do to guard their privateness?
Reply: The winner can stay nameless in Florida. They need to additionally contemplate making a belief to assist defend their privateness.

Closing Paragraph for FAQ: Do not forget that profitable the lottery is a life-changing occasion. You will need to take a while to plan for the long run and make smart choices about tips on how to use your winnings.

Listed here are some extra suggestions for lottery winners:

Ideas

Listed here are some sensible suggestions for lottery winners in Florida:

Tip 1: Signal the again of your ticket instantly.
It will assist to guard your ticket in case it’s misplaced or stolen.

Tip 2: Hold your ticket in a secure place.
It’s best to maintain your ticket in a secure place, similar to a secure deposit field, till you’re prepared to assert your prize.

Tip 3: Seek the advice of with authorized and monetary advisors.
Earlier than you declare your prize, it is best to seek the advice of with authorized and monetary advisors that can assist you perceive your rights and tasks as a lottery winner.

Tip 4: Think about making a belief.
Making a belief can assist you to guard your privateness and handle your winnings extra successfully.

Closing Paragraph for Ideas: Do not forget that profitable the lottery is a life-changing occasion. You will need to take a while to plan for the long run and make smart choices about tips on how to use your winnings.

Now that you’ve got a greater understanding of the Florida Powerball lottery, you can begin enjoying and dreaming of profitable the massive prize.

Conclusion

The $450 million Powerball jackpot received in Florida on January 7, 2023, is a life-changing occasion for the fortunate winner. The winner has but to return ahead, however they’ve 180 days from the date of the drawing to assert their prize.

The profitable ticket was bought at a Publix grocery store in Melbourne, Florida. The profitable numbers had been 13, 19, 36, 39, and 59. The Powerball quantity was 13.

The winner can pay 24% federal withholding tax and 5.5% state tax in Florida. The winner may need to pay native taxes.

Earlier than claiming the prize, the winner ought to seek the advice of with authorized and monetary advisors to assist them perceive their rights and tasks as a lottery winner.

Closing Message: Profitable the lottery is a dream come true for many individuals. Nevertheless, you will need to keep in mind that profitable the lottery can also be an enormous duty. The winner ought to take a while to plan for the long run and make smart choices about tips on how to use their winnings.