Wednesday’s $1 Billion Powerball Jackpot
TALLAHASSEE – The bad news is that you didn’t win the Mega Millions jackpot on Tuesday’s draw. The good news is that no one else has done it.
This means you still have a chance to play the next draw on Friday when the estimated jackpot is $720 million.
The winning numbers drawn on Tuesday were 19-22-31-37-54 and the Mega Millions number was 18.
Although no one has won the jackpot, the ticket sold in Florida matches five numbers but not the Mega Millions number to win a million dollars.
Mega Millions draws take place on Tuesdays and Fridays, tickets cost $2. The odds of winning the jackpot are approximately 1 in 303 million.
If you want to increase your chances of becoming a multimillionaire instantly, you can always play the Wednesday Powerball game, which has an estimated $1 billion jackpot.
The jackpot is the third largest in Powerball history and the seventh largest in US lottery history.
The cash value in the lump sum is approximately $517 million.
Yes, it’s a lot of investment. Lots of possibilities, I love it,” said Deux James.
No one has won the Powerball jackpot since April.
“If I won $1 billion, personally I would put the community in order. What else could I do?
So what do you do if you win big?
We turned to experts to find out.
“It is very important to create a team of professionals around you. Probably the first two people I would like to hire would be a tax lawyer and an estate planning lawyer,” said Jonathan Barrett of Barrett Financial Solutions.
He said that protecting your assets and knowing who can help is important to maintaining your newfound wealth.
“So you have to be strategic about what you’re doing based on your goals, but the most appropriate thing would be to diversify buying many different investments across many different strategies,” Barrett said.
These tips are not just for the lucky few who win big, but anyone with any amount of money can take the advice, Barrett said.
“You also want to have a trusted person, you know a financial planner or advisor who can help you with this investment because obviously all investments come with different levels of risk. It’s not just winning the lottery. be an inheritance. It could be an attempt to give gifts while you are still alive,” Barrett said.
There is a billion at stake and everyone is looking at the prize and all fingers are crossed in the hope of a big win.
“You may not be able to see me in person anymore, but I will definitely be outside,” James said.
The odds of winning are 1 in 292 million, but you have about a 1 in 25 chance of winning some sort of prize.
Powerball tickets cost $2 and draws take place every Monday, Wednesday and Saturday.
Count on CBS News Miami to let you know the winning numbers as soon as they’re drawn during CBS News Miami at 11.
CBS News Miami your official Florida lottery station.