How much of the $820M Powerball jackpot a winner keeps after taxes
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The Powerball jackpot is once again on the rise, as no ticket managed to snag the winning numbers on Wednesday night. This development offers hopeful players another chance to vie for a prize that is inching closer to record-breaking territory. However, it’s worth noting that the fortunate winner will not pocket the full advertised jackpot amount.

The numbers drawn in the latest Powerball game were 1, 14, 20, 46, 51, and the red Powerball 26. The closest anyone came to hitting the jackpot was a player in Kentucky, who scored a $2 million prize by matching five numbers and opting for the Power Play feature.

As anticipation builds for the next drawing, scheduled for Saturday, lottery officials have announced the new estimated jackpot at a staggering $820 million, with a cash value option of $383.5 million. This prize ranks as the seventh-largest in Powerball history and the 17th-largest when considering both Powerball and Mega Millions jackpots.

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