Powerball Numbers and Results Aug 29, 2015: Watch Live Stream of Drawing for $110 Million Jackpot
Saturday’s chance to make big money playing Powerball is here.
The grand prize is currently at $110 million, with a cash value of $71.7 million. Last Wednesday’s winning numbers were 2, 22, 32, 45, 56 and 12. There were 466,398 regular winners and $6,266,777 in non-jackpot money was won.
There are actually nine ways to play Powerball. Though the odds will likely change in October, currently there is a 1 in 175,223,510.00 chance in winning the grand prize and a 1 in 5,153,632.65 chance in winning $1,000,000.
So the odds of winning are slim, but people do win. The main thing a Powerball player has to do, outside of checking the numbers, is hold on to the ticket.
As reported by ABC’s Action News in Philadephia, someone in the city just won a $1 million Powerball prize. The winning ticket was sold in South Philadelphia at a place called Moore Mini Market. The store gets a $10,000 bonus just for selling the winning ticket.
So far the winner has not come forward, which might be the smartest thing to do in a situation of sudden wealth.
According Deborah L. Jacobs, a writer for Forbes, remaining anonymous is the first thing a person who wins a lottery should try to do -- providing that the state allows it.
As Jacobs writes, “Once people know you’re suddenly wealthy, you’ll be badgered by requests for handouts from everyone from charities to long-lost friends and relatives – not to mention all the financial ‘experts’ who will be vying for your business.”
Third on her list is avoiding big lifstyle changes. "For the first six months after you win the lottery, don’t do anything drastic, like quitting your job, buying a home in Europe, trading up for a luxury car or building a collection of Birkin handbags," she says.
Realistically you should set aside a fixed amount of cash for splurges because "it’s only natural to want to celebrate your windfall."
Be sure to check here for local stations broadcasting the Powerball drawing.
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