News Summary
A winning Powerball ticket worth $1 million was sold at Broadway Food Store in Houston during the last drawing. The ticket matched all five white ball numbers, allowing the holder to claim the lump sum cash value. Meanwhile, the Powerball jackpot has soared to an estimated $750 million, drawing significant nationwide interest. The ticket buyer can enjoy a substantial prize amidst the growing frenzy surrounding the Powerball, which also features favorable odds for smaller prizes. Players should be mindful of tax implications on winnings.
Houston Powerball Ticket Worth $1 Million Sold at Broadway Food Store Amidst $750 Million Jackpot
A Powerball ticket worth $1 million was sold in Houston during the Monday night drawing. The winning ticket, purchased at Broadway Food Store located at 3602 Broadway Street, matched all five white ball numbers but did not match the Powerball.
The ticket holder now has the opportunity to take a lump sum cash value of $338.6 million as opposed to a payout over time through the annuity option. This comes as the Powerball jackpot reaches an estimated $750 million, closing in on a potential billion-dollar prize, drawing nationwide attention and participation.
During Monday’s drawing, the winning numbers were 16, 19, 34, 37, 64 and the Powerball was 22. The Power Play multiplier for this drawing was 3x, meaning winners of the five white balls, who did not match the Powerball, could see their prize amount rise to either $1 million or $2 million depending on whether they opted for the Power Play multiply feature.
Winning Odds and Prize Details
For those who play Powerball, it is essential to understand the odds involved. The odds of winning the Powerball jackpot are approximately 1 in 292.2 million. However, the odds of matching all five white balls to win the $1 million prize stand at 1 in 11,688,053. The overall chances of winning any prize within the Powerball game are better at 1 in 24.87.
Powerball drawing sessions occur live at 10:59 p.m. ET every Monday, Wednesday, and Saturday, drawing significant participation from players in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Tickets cost $2 per play, making it an accessible lottery option for many.
Tax Implications
Winners should also note that any prizes won through Powerball are subject to federal taxes, along with potential state taxes depending on the winner’s place of residence. This can significantly reduce the amount of winnings once taxes are deducted from the cash payout options or annuity payments.
Historical Context and Jackpot Rankings
Although the current Powerball jackpot is immense, it does not break into the top 10 largest Powerball wins in history. Higher jackpots have been recorded in previous drawings, which continue to attract eager players hoping for a life-changing win.
In conclusion, Houston’s Broadway Food Store has brought good luck to one player this week, awarding a $1 million prize from a ticket purchased during a significant Powerball drawing. With the current jackpot standing at $750 million, many players across the country are both hopeful and excited as they participate in the next upcoming drawing.
Deeper Dive: News & Info About This Topic
HERE Resources
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Powerball Jackpot Hits $526.5 Million in Anaheim
Additional Resources
- KHOU 11 News
- Wikipedia: Powerball
- Houston Chronicle
- Google Search: Powerball jackpot
- Star-Telegram
- Google Scholar: Powerball
- FOX 26 Houston
- Encyclopedia Britannica: lottery
Author: STAFF HERE HOUSTON TX WRITER
HOUSTON STAFF WRITER The HOUSTON STAFF WRITER represents the experienced team at HEREHouston.com, your go-to source for actionable local news and information in Houston, Harris County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Houston Livestock Show and Rodeo, Art Car Parade, and Chevron Houston Marathon. Our coverage extends to key organizations like the Greater Houston Partnership and Houston Area Urban League, plus leading businesses in energy and healthcare that power the local economy such as ExxonMobil, Schlumberger, and Houston Methodist. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREDallas.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
