Michigan Resident Claims Historic $842.4 Million Powerball Jackpot on New Year’s Day
Someone in Michigan has clinched the massive $842.4 million Powerball jackpot, marking the first time the coveted prize has been won on New Year’s Day since the inception of the game in 1992.
Summary
The first time the $842.4 million Powerball Jackpot has been won on New Year’s Day since the game’s inception in 1992 was won by a player in Michigan in 2024. 12, 21, 42, 44, and 49 were the winning numbers selected; the red Powerball number was 1. The jackpot exceeded the $810 million initial projection due to the final ticket sales. The winning ticket holder will get a lump sum payment of $425.2 million or an annuitized prize of $842.4 million, payable over 30 years.
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The winning combination that changed the life of the fortunate individual consists of the numbers 12, 21, 42, 44, 49, and the red Powerball: 1.
As the anticipation reached its peak, final ticket sales surpassed initial estimates, elevating the jackpot from $810 million to an impressive $842.4 million at the moment of the drawing. This remarkable achievement now stands as the fifth-largest Powerball jackpot and the 10th-largest lottery jackpot ever won in the United States.
Before this monumental New Year’s Day triumph, the Powerball jackpot had been steadily growing since mid-October, creating a buzz of excitement and speculation among lottery enthusiasts.
The odds of securing the Powerball jackpot are an astounding 1 in 292.2 million, making this triumph an extraordinary feat for the lucky winner.
Now faced with a life-changing decision, the jackpot winner must choose between an annuitized prize of $842.4 million, payable over 30 years, or a lump sum payment of $425.2 million, both options subject to taxes.
In addition to the grand jackpot, other fortunate ticket holders celebrated substantial wins. Four tickets sold in California, Connecticut, Florida, and Maryland matched all five white balls, securing $1 million prizes. Two tickets, sold in Florida and Texas, not only matched all five white balls but also won $2 million each by opting for the Power Play option, which comes with an additional $1 per play.
Powerball, a widely popular lottery game, is played in 45 states, the District of Columbia, Puerto Rico, and the US Virgin Islands, captivating the dreams of countless participants across the nation.
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The Source : ibmot News
