Updated 1w+ ago · Other
Powerball Winner Won't Receive Full $1 Billion After Taxes
A single ticket bought at a Hy-Vee gas station in Quincy, Illinois won Wednesday's $1.04 billion Powerball jackpot. The winning numbers were 4, 26, 66, 67, 69 and Powerball 9.
- $450.5 million lump sum is the alternative to the full annuity payout.
- 1-in-292.2 million were the odds of matching all six numbers.
- Eighth-largest Powerball jackpot ever awarded, per lottery organizers.
- More than 3 million tickets won smaller cash prizes in the same drawing.
Why it matters: The advertised jackpot overstates what the winner keeps. Taxes and payout structure cut the actual take-home substantially.
- 24% federal withholding reduces the $450.5 million lump sum to roughly $342.4 million upfront.
- Illinois's 4.95% state tax would remove an additional $22.3 million from the lump-sum payout.
How 37 sources split on this story
Source landscape
Factuality
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Political Bias
Coverage by lean
37 sources · 62 articles · 59% Center coverage
Center coverage, 22 sources: The center focuses on the practical details: where the ticket was sold, other prize winners in the same drawing, and upcoming drawing dates.
USA Today1w+Mega Millions jackpot hits $90 million for Friday, Aug. 14WSB-TV Atlanta1w+Powerball winners: 4 Georgia Lottery tickets win $50K; Illinois ticket hits $1.04B jackpotabc27 (WHTM)1w+What your Powerball ticket is worth, even if you missed the $1 billion jackpotPennLive1w+Mega Millions numbers: Are you the lucky winner of Friday’s $90 million jackpot?WFLA News Channel 81w+$1 billion Powerball jackpot won by someone in IllinoisWESH 2 News1w+Manager speaks out after $1 billion Powerball ticket sold at his store: What he saidWKBN Youngstown1w+$1 billion Powerball jackpot won by someone in IllinoisWPLG Local 101w+Illinois player wins $1.04 billion Powerball jackpot; Florida player wins $1 millionWTAJ1w+$1 billion Powerball jackpot winning numbers; winners in PennsylvaniaAssociated Press1w+Winning ticket for $1 billion Powerball jackpot was sold in IllinoisChicago Tribune1w+Winning ticket for $1 billion Powerball jackpot was sold in IllinoisCincinnati Enquirer1w+Single Powerball ticket hits $1.04 billion jackpot, 8th-largest everCTV News1w+Winning ticket for US$1 billion Powerball jackpot was sold in IllinoisForbes1w+Powerball Player From Illinois Wins $1 Billion Jackpot—Here’s What They Could Take HomeFortune1w+$1 billion Powerball jackpot won by single ticket sold in Illinois | FortuneNews4Jax1w+Powerball jackpot now at $1 Billion after no big winner in 3 monthsNewsweek1w+Powerball jackpot: why the winner won't actually get $1.04 billionScripps News1w+Illinois player wins largest Powerball lottery jackpot of the yearThe Columbus Dispatch1w+Powerball jackpot won by ticket sold in Illinois. See the winning numbersThe National Desk1w+Illinois person wins billion-dollar Powerball JackpotWGAL 81w+Winning ticket sold in Illinois for $1.04 billion Powerball jackpotYahoo News1w+We have a winner! $1.040B Powerball jackpot ticket sold in Illinois
Left coverage, 7 sources: The left emphasizes the historic scale of the jackpot and the structural changes — including U.K. expansion — that have made billion-dollar prizes more common.
NBC News1w+Single ticket bought in Illinois wins $1 billion Powerball jackpotThe Independent1w+Winning ticket for $1 billion Powerball jackpot was sold in IllinoisCleveland.com1w+Mega Millions numbers: Are you the lucky winner of Friday’s $90 million jackpot?ABC News1w+Powerball player in Illinois wins $1 billion jackpotBoston.com1w+Winning ticket for $1 billion Powerball jackpot was sold in IllinoisSan Francisco Chronicle1w+Northern California Powerball ticket wins $820,520The Washington Post1w+$1 billion Powerball jackpot has a winner
Right coverage, 8 sources: The right highlights the gap between the headline jackpot and the actual after-tax payout, walking through each layer of federal and state deductions.
New York Post1w+Gas station that sold $1B lottery ticket thinks they'll soon know who won: 'Like a murder mystery'Daily Mail1w+Powerball winner in Illinois scoops $1 billion jackpotFox News1w+Small town buzzing over identity of its $1B Powerball winner: ‘Like a murder mystery’Just the News1w+Winning $1.04 billion Powerball ticket sold in IllinoisNewsmax1w+Illinois Ticket Wins $1.04 Billion Powerball JackpotNTD1w+Powerball Ticket in Illinois Wins $1.04 Billion JackpotThe Epoch Times1w+Winning Ticket for $1 Billion Powerball Jackpot Was Sold in IllinoisThe Washington Times1w+Illinois gas station sells sole winning ticket for $1 billion Powerball jackpot
What’s next: The winner has not been identified. Illinois law allows full anonymity for prizes over $250,000.
- The next Powerball drawing is Saturday, Aug. 15, with the jackpot reset to $20 million.
- Will the winner choose the lump sum or the 30-year annuity?
- How quickly will the winner come forward, given Illinois's anonymity protections?
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