Colleagues Win $421 Million Powerball Jackpot

//Colleagues Win $421 Million Powerball Jackpot

COLLEAGUES WIN $421 MILLION POWERBALL JACKPOT

Powerball is a popular lottery that is played all around the US. The Multi-State Lottery Association (MUSL) runs and monitors this worldwide game. The minimum Powerball jackpot is a massive $40 million. This prize money is extended to the winner in 30 annual installments; however, the winner has an option to withdraw all the money in one lump sum. The money withdrawn as one bullet payment is less than the sum of money that a winner will receive over a 30 year period.

On Saturday, 26th November 2016, the Powerball jackpot was finally won by a group of twenty co-workers. The prize money of the jackpot was $420.9 million and had a cash value of $254.7 million. This means that each winner will get around $12 million if they all chose the cash value option. The winners were ecstatic and relieved that they wouldn’t have any financial problems for the rest of their lives.

All the twenty winners of Powerball jackpot are employed at North American Stamping Group. This is an auto parts factory, located at Portland in Tennessee. The winners of the jackpot told the reporters that they have been playing the lottery for years and on every Wednesday and Saturday they used to purchase Powerball tickets worth $120. They further said that they did so not in the hope of winning the jackpot but they did it to support educational institutions of the state.

The winning ticket of this lottery was sold by Smoke Shop Inc. The owner of the store Mr. Joyce Gregory said that he was tickled and was really hopeful that this money will help the town. Mr. Joyce Gregory will receive a cash prize of $25,000 for selling the winning ticket at his store. The winning numbers for the Powerball jackpot were 17, 19, 21, 37 and 44 and the Powerball number was 16.

If you too are planning to buy Powerball and participate in the next draw then wait no more, purchase a Powerball lottery ticket either online or from a nearby news agency and pray that you get all six lottery numbers matched in a draw that is held on every Wednesdays and Saturdays. The winning numbers of Powerball jackpot are broadcasted live at 10:59 PM EST (Eastern Standard Time) on various TV stations all across US.

2017-07-24T15:30:13+00:00