![]() Wednesday's estimated jackpot ranks as the third largest in the Powerball game and seventh largest among U.S. The jackpot has a cash value of 551.7 million. If the cash value option is elected, the player will receive a single present. Double Play is a new multi-state add-on feature for Powerball. The Powerball jackpot now stands at an estimated 1.2 billion for the next drawing on Wednesday night. This can range from 24 to 37 of your winnings. including income from lottery prize money. We have both annuity and lump sum payouts calculated along with an annual breakdown of taxes by state and more. In such instances the dollars allocated to each prize level impacted will be divided equally among all winners of that prize. KY Powerball Jackpot, Winners, Numbers, Results, How to Play Powerball, How. Check out Lottery Critics very own Powerball Payout and Tax Calculator. Powerball officials may reduce prize levels for Powerball and/or Power Play (including the Match 5+0 prize), in the event that an unanticipated number of winner claims exceed the available prize fund for a given draw. ![]() ** Jackpot prize is estimated and will be divided equally among all winning tickets. *10X multiplier included when Powerball jackpot amount is between $40 million and $150 million (including $150 million).
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