The Powerball jackpot has leaped to $950 million after there were no big grand prize winners in Wednesday’s drawing.

Wednesday’s winning numbers are 9, 12, 22, 41, 61 WITH A RED POWERBALL OF 25 AND A POWERPLAY MULTIPLIER OF 4. That resulted in three $1 million winners in Arizona, New York and Virginia and three $2 million winners in Mississippi, Ohio and Virginia.

The $950 million jackpot is for an annuity option, paid over 30 years. Winners almost always opt for the lump-sum cash prize, which for Powerball would be $4289 million cash.

The prize is subject to taxes, which includes an automatic withholding tax of 24% levied against the winnings, and another 13% in federal taxes when you file your 2025 return.

There are also state taxes in some jurisdictions, which range from 2.9% to 10.

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