Winning $429M Powerball ticket sold in New Jersey

The New Jersey lottery announced on Sunday that the sole winning ticket for the $429 million Powerball jackpot was sold by a Mercer County retailer.  The exact location will be announced on Monday May 9th after security measures are in place, according to the NJ Lottery statement.

The winning numbers are 5, 25, 26, 44, 66 and the Poweball number is 9.

Read the rest of this entry »

• Tweet

Clock Ticking on $1 Million Powerball Ticket Sold in Tinton Falls

A Powerball ticket worth $1 million that was sold at the Kwik Farms on Shrewsbury Ave in Tinton Falls remains unclaimed and is set to expire on October 23.

The winning numbers on October 23, 2013 were 03, 23, 31, 34 and 47. The Powerball number was 13.

If you have the ticket, sign the back and have it validated at a New Jersey Lottery Retailer before midnight on October 23 .

• Tweet

$1 million Powerball ticket sold in Monmouth County

A Powerball ticket from Saturday night’s drawing matched 5 numbers and pays $ 1 million was sold in Monmouth County, according to a report on 94.3 The Point.

The ticket was sold at Soda King in Manalapan.

Township Committeeman Andrew Lucas has not returned a call asking if he was the winner.

“You know if I was the winner, I wouldn’t have called you back,” said Manalapan GOP Chairman Steve McEnery.  That wouldn’t have been conclusive, as McEnery only returns about half of our calls.  “I was in Soda King on Saturday, but already had tickets and didn’t buy any more,” the chairman mused.

• Tweet

Winners and Losers: Powerball edition

click for larger view

By Stuart J. Moskovitz

Well, yesterday the powerball numbers were drawn and no one in New Jersey had the winning ticket. In fact, no one I know had the winning ticket. Today the social media is filled with declarations of how the people who spent money on the tickets are “losers.” The people who are saying that, however, are wrong — dead wrong. Those people who bought a ticket had very little chance of winning a big prize. Realistically, the chances were very close to nonexistent. But, assuming that they didn’t bet the mortgage money on their lottery tickets, the people who bought those tickets weren’t losers, they were winners. The people who just said to themselves there was no chance of winning were, in reality, results notwithstanding, the people who lost. They lost because they failed to dream. They lost because they refused to believe in the seemingly impossible. They lost because they looked at overwhelming odds and declared defeat. They lost because they refused to reach for the unreachable star.

A potted plant goes through life without dreaming. It gets watered, or it doesn’t. It gets light, or it doesn’t. And it lives or dies according to whether or not it gets what it needs. That’s not the way humans are built. We are built to dream. We are built to strive. We are built to reach beyond ourselves. We are built to hope. Even if it is something as simple as $2.00 for a powerball ticket, those people who spent those $2.00 were winners. For hours or days before the numbers were drawn, they got to dream. They got to think about what they would do with the money they were realistically never going to see. They got to imagine. They got to hope. They got to reach.

In the end, the quality of life is never measured by what we have. The quality of each life is measured by the height of our dreams, the energy behind our reach, the willingness to suspend probability for the expectation that nothing great follows mathematical probability, that no great accomplishment in the history of mankind ever came by way of following the proven path.

• Tweet

450,781 Powerball Winners in New Jersey

The $579 million jackpot was won by two lucky bettors.  One from Arizona and one from Missouri.  Odds are they were Romney voters.

There were 450,781 winning tickets sold in New Jersey.  8 of those tickets matched five numbers but not the Powerball.  The prize is 1 million dollars.  If the bettors had bet an extra dollar on the Power Play, the prize would have been $2 million.  I wonder if those people are happy they won the million or kicking themselves for not betting the extra buck and doubling their prize.

31 New Jersey players matched 4 numbers and the powerball.  29 of them won $10,000.  The 2 that bet the power play won $40,000.

I’d bet the 29 who won $10K instead of $40K are kicking themselves harder than the 8 who won $1 million instead of $2 million.

• Tweet

How much is the Powerball Jackpot worth after tax?

Got your ticket(s) yet?

If you win, take the cash option.  Taxes are probably going up on the rich next year.

The jackpot is now up to $550 million.

Under current tax law, if you take the 30 year annuity your annual $18,333,333 will be taxed $4,583,333 by the IRS and $1,980,000 by the State if you live in New Jersey, for a net annual payment of $11,770,000.

If you take the $360,200,000 cash jackpot, the feds will take $90,050,000 and New Jersey will take $38,901,600, leaving you with a net payment of $231,248,400.

Source: USAMEGA.com

• Tweet