Yes, someone did win the POWERBALL in Florida on October 28, 2020. The winning ticket was purchased in Estero, but the identity of the winner has not been released. This was the 27th Powerball jackpot to be won in Florida and the 11th won this year alone.
This ticket was estimated to be worth $150 million. The winning numbers were 28, 36, 41, 51, 58 and the Powerball was 12, making it the third largest Powerball jackpot to be won in Florida. All holders of this ticket will not only be getting the $150 million jackpot, but also a special prize of $90 million.
This special prize is only given to Florida residents due to the way Florida taxes lottery winners.
Where was the winner of the Florida POWERBALL?
The winner of the Florida Powerball was announced on Wednesday, January 22, 2020, and it was from Melbourne Beach, Florida. The ticket holder matched all five winning numbers, plus the Powerball, to win the estimated jackpot prize of $396.
9 million. The ticket was sold at a 7-Eleven convenience store in Melbourne Beach that was located at 2001 South A1A.
How long does it take to get POWERBALL winnings in Florida?
It typically takes two to three weeks for POWERBALL winnings in Florida to be processed and paid out. First, the winning ticket holder must sign the back of their ticket and complete a claim form. Once the ticket is validated, the Florida Lottery will process the payment and funds typically arrive within two or three weeks.
If the jackpot prize is over $500,000, the Florida Lottery may take up to sixty days to process the payment. However, Florida Lottery drawings and associated payouts are a part of the MUSL Powerball game, so it may take several months for large jackpot prizes from other states to be paid out.
In addition to the lag in payout times, winners in Florida are subject to state and federal taxes. On both the state and federal level, income taxes must be paid. Depending on the amount of the winnings, estate, gift and local taxes may also be imposed.
Players should consult a legal or financial advisor for advice on their personal taxes.
Can POWERBALL winners remain anonymous in Florida?
Yes, POWERBALL winners in the state of Florida have the right to remain anonymous if they so choose. The anonymity privilege is provided by a state law that was enacted in June of 2019. This allows winners to form an anonymous trust or other legal entity to collect the prize and avoid disclosing their personal information.
However, the state may still need to publish the winner’s name, city, and county upon request of the winner due to public record laws. A representative of the trust would complete and sign the ticket claim form and any other required forms, but keep the true identity of the winner from the public.
Even though the winner’s identity will not be disclosed, the state of Florida must still report the lottery winnings to the IRS for tax reporting purposes.
How many Powerball winners are there?
It depends on the date the question is being asked, as Powerball is a weekly draw and the number of winners fluctuates from week to week. Generally speaking, the average number of Powerball winners is approximately 85 to 90 for each drawing.
Winners are determined based on the number of winning tickets sold in the particular draw. Each ticket is unique and eligible to win only one of the nine lottery prizes which include the jackpot and eight other secondary prizes.
For each winning ticket, one person receives the prize. Therefore, overall there are typically 85 to 90 Powerball winners per draw, however this number may vary depending on the particular lottery draw.
What state has the most winners for Powerball?
The state with the most winners for Powerball is Florida. Florida has had a total of 111 Powerball winners, with the most recent win being in July 2020. Powerball is a popular multi-state lottery game which is played in 44 states, the District of Columbia, the U.
S. Virgin Islands, and Puerto Rico. It is the most popular lottery game in the United States, and Florida has consistently been one of the states that has the most winners.
In the last decade, Florida has had an astounding 81 winners alone; Winning numbers have come from all around the state, ranging from Miami to Jacksonville and everywhere in between. The largest ticket ever won was in January 2016 by Gloria Mackenzie, who opted for a lump sum payout of $327.
The popularity of the Powerball game in the state of Florida may be due to the fact that residents are given the option to claim the winnings as an annuity or a lump sum. This allows players to have more control over their winnings and the flexibility to use the money as they wish.
On top of that, Florida does not have an income tax on lottery winnings, which makes it even more attractive for Powerball winners.
How rare is it to win the Powerball?
Winning the Powerball is extremely rare. To win the Powerball jackpot, one must match all five white balls in any order and the red Powerball number. The odds of winning the jackpot are 1 in 292,201,338.
That means that you are 2. 92 million times more likely to get struck by lightning than you are to win the Powerball. Fortunately, the game has other prizes ranging from $4 to $2 million that can be won with different combinations of numbers.
The odds of winning any prize in the Powerball game are 1 in 24. 87.
Where is the Powerball mostly won?
The Powerball is a lottery game that is played in 44 states of the United States, Puerto Rico and the US Virgin Islands. The game is owned and administered by Multi-State Lottery Association (MUSL). Every Wednesday and Saturday the Powerball draws take place and millions of people staking their hopes on their chance of winning the jackpot.
The states where the Powerball is mostly won are Florida, Texas and California. These three states account for 37. 9% of all the lottery winning tickets alone. It is estimated that over the years, California has had 8.
6% of the total number of Powerball draw winners, while Florida and Texas have contributed 14. 6% and 14. 7% respectively.
In terms of the highest number of Powerball wins, the small state of Rhode Island has the highest number with 54 successes since 2007. Other states like North Carolina (50 wins), Minnesota (44), Pennsylvania (44), and New York (43) complete the list of the states where the Powerball is mostly won.
However, it must be noted that the Powerball has had various different ‘big’ winners from states like Arizona, Indiana, Maryland, Missouri and many more in the past. In fact, in 2016, the $1. 586 Billion Powerball Jackpot was won by three different winners from California, Florida and Tennessee.
Overall, Powerball is largely won in states like Florida, Texas, California, Rhode Island, North Carolina, Minnesota, Pennsylvania and New York. However, it is worth mentioning that the Powerball has various other ‘big’ winners from different states all over the United States.
When was the last time someone won the POWERBALL in Florida?
The last time someone won the POWERBALL in Florida was on Wednesday, October 16, 2019. A ticket purchased in Largo, Florida, matched all six numbers to win the game’s $2 million in cash. The winning numbers were 01-12-25-26-41 and POWERBALL 10.
It was Florida’s 20th POWERBALL jackpot win since the game began in 2009. This jackpot was the second-highest jackpot won in the state in 2019, with the largest jackpot for $146 million claimed in February by a West Palm Beach resident.
Which lottery game has the odds in Florida?
The Florida Lottery offers a variety of lottery games with different odds of winning. For example, the popular Florida Lotto game has jackpot odds of 1 in 22 million, while the lower-tier prizes have odds of 1 in 8.
The Cash4Life game has jackpot odds of 1 in 21. 8 million and the lower tier prizes are 1 in 32.
The JACKPOT TRIPLE PLAY game has the best jackpot odds of any Florida Lottery game, with jackpot odds of only 1 in 2. 6 million. The lower tier prizes have odds of 1 in 20. The FANTASY 5 game offers great jackpot odds of 1 in 376,992.
And lower tier prizes are 1 in 12.
For scratch-off games, the odds of winning vary by game and as the prizes are claimed. However, the average of all scratch-off game prizes is approximately 1 in 4.
Overall, the odds of winning a prize in any Florida Lottery game are generally from 1 in 4 to 1 in 22 million.
What are the odds of winning the Powerball in Florida?
The odds of winning the Powerball in Florida are determined by the total number of possible combinations, which is computed by multiplying the numbers of balls in one group by the numbers of balls in the second group.
In the case of the Powerball, there are 59 white balls and 35 red Powerballs. Therefore, the total number of possible combinations is 59 x 35 = 2,045.
To win the Powerball in Florida, you must match all five white balls and the red Powerball. Thus, your odds of winning the Powerball in Florida are 1 in 2,045, or approximately 0. 049%. However, the odds of winning any prize – including the Powerball jackpot or a lesser prize – are 1 in 24.
Are Florida Lottery winners public record?
Yes, Florida Lottery winners are public record and accessible for anyone to view. The Florida Department of Lottery is committed to providing transparency to its players, as well as being accountable for its operations by submitting monthly Sales and Regulatory Reports to the Governor and the Legislature.
The reports contain data on total ticket sales, prizes paid, unclaimed prizes, and other important information. Player information is also included in the report which is available on the Florida Department of Lottery website.
All winners’ names, town of residence, game won, and prize amount are posted on the website. The Florida Department of Lottery is also open to working with media in the event that they have questions and can provide additional information to them.
What states lottery winners can remain anonymous?
The specific laws of winning the lottery and remaining anonymous vary from state to state. In states where laws are in place to protect the identities of the winners, such as Delaware, Kansas, Maryland, North Dakota, Ohio, and South Carolina, lottery winners may remain anonymous.
However, keep in mind that even in states that protect lottery winners’ identities, their identities may be disclosed to state authorities. Additionally, laws and requirements for staying anonymous are different for each type of lottery, such as Powerball, Mega Millions, etc.
In some other states, such as Arizona and Florida, lottery winners who choose to remain anonymous may set up a trust fund where a third party holds the winnings for them. This is a strategy to protect their identity and privacy.
In all states, lottery officials may release the identity of winners to local media outlets and their hometowns with the winners’ consent. It is important to remember that the maximum anonymity possible will depend on the laws of the state in which the winner resides.
Why do lottery winners have to go public?
Lottery winners may be required to go public in order to prove that they are the legitimate winners of the lottery. This helps deter potential fraud and maintains the integrity of the lottery system.
Most states have laws that require some form of recognition for lottery winners, as this encourages other people to participate and builds public trust in the lottery system. Going public also gives winners the opportunity to spread their good fortune and to offer insight into how they plan to use their newfound wealth.
This can be a source of inspiration for others and can help to create a positive public perception of the lottery. Finally, publicizing the winners helps to ensure that the lottery system remains transparent, thus protecting the interests of all involved.
How much tax do you pay on a $10000 lottery ticket in Florida?
In Florida, lottery winnings are subject to both federal and state taxes. Federal taxes are typically taken out of lottery winnings prior to the payment being issued. However, for the state of Florida, lottery winnings are subject to the Florida Corporate Income Tax (CIT) at a rate of 5.
5%. Therefore, if you win a lottery prize of $10,000 in Florida, you will owe the state $550 in taxes. Furthermore, depending on your overall financial situation, you may also owe federal taxes on the winnings.
These taxes, as well as any applicable fees and withholding, will be taken into consideration once you have claimed the winnings.