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