{"id":101640,"date":"2019-03-28T13:55:38","date_gmt":"2019-03-28T20:55:38","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=101640"},"modified":"2019-03-28T13:56:06","modified_gmt":"2019-03-28T20:56:06","slug":"powerball-only-winning-ticket-worth-768m-sold-in-wisconsin","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/powerball-only-winning-ticket-worth-768m-sold-in-wisconsin\/","title":{"rendered":"Only Winning Ticket for $768M Powerball Jackpot Sold in Wisconsin"},"content":{"rendered":"

One lucky individual will soon get to enjoy a life-changing jackpot, as lottery officials announced that the single winning Powerball ticket for Wednesday night\u2019s drawing was sold in Wisconsin.<\/p>\n

\"Powerball
The only winning ticket for Wednesday night\u2019s $768 million Powerball drawing was sold in Wisconsin. (Image: Time Magazine)<\/figcaption><\/figure>\n

With stronger than expected ticket sales pushing the jackpot above the initial $750 million estimate<\/a>, the winner will be claiming a prize worth $768.4 million.<\/p>\n

A King\u2019s Ransom, Even After Taxes<\/strong><\/h2>\n

If the lucky ticket holder decides to take the cash option, which is much more common than the 29-year annuity, they\u2019ll claim $477 million instead. And that number is before state and federal taxes kick in: with every dollar over $500,000 being taxed at 37 percent, the winner would pay nearly $176.5 million to the IRS on that cash option, barring some huge deductions.<\/p>\n

Throw in state taxes in Wisconsin, and America\u2019s latest millionaire might only<\/em> take home about $264 million or so. But it\u2019s hard to imagine anyone being too disappointed by that sum.<\/p>\n

\u201cIt\u2019s going to be a very green spring for our first Powerball jackpot winner of 2019,\u201d Powerball Product Group chairman David Barden said in a statement. \u201cA jackpot of this size can make many dreams come true.\u201d<\/p>\n

The winning numbers were 16, 20, 37, 44, and 62, with a Powerball number of 12. Nine other tickets were sold that matched five numbers but failed to hit the right Powerball number; seven of those players will win $1 million each, while two who paid for the \u201cPower Play\u201d option will double that to $2 million instead.<\/p>\n

Millions of other players will have won smaller prizes for matching fewer numbers.<\/p>\n

\u201cParticipating lotteries are reminding players to check their tickets for one of the nine ways to win,\u201d the Multi-State Lottery Association said in a statement. \u201cIn Wednesday\u2019s drawing alone, more than 5.4 million tickets won prizes ranging from $4 to $2 million.\u201d<\/p><\/blockquote>\n

Wire Act Interpretation Could Threaten Powerball<\/strong><\/h2>\n

The jackpot was the fourth-largest in American lottery history. The five largest jackpots have all come in the last three years, thanks to format changes in Powerball and Mega Millions that made the top prizes in both games more difficult to hit.<\/p>\n

However, the recent opinion by the Department of Justice\u2019s Office of Legal Counsel<\/a> which found that the Wire Act applies to all forms of interstate gambling could potentially jeopardize the future of these extraordinary jackpots.<\/p>\n

\n

That was a change from a 2011 DOJ opinion, which found that only sports betting was considered a prohibited interstate activity under the Wire Act. If enforced strictly, the new interpretation could disrupt a number of gaming activities, including interstate online poker networks as well as both Powerball and Mega Millions, which are both played in 44 states, Washington D.C., and the US Virgin Islands (with Powerball also being available in Puerto Rico).<\/p>\n<\/div>\n

Whether or not those lotteries would be targeted by the federal government remains an open question, however. The North American Association of State and Provincial Lotteries has argued vehemently against the new interpretation, and enforcement of the Justice Department\u2019s new stance has been postponed twice so far.<\/p>\n

Keith Miller, the vice-chair of the American Bar Association\u2019s Gaming Law Committee, told Casino.org <\/em>earlier this month that the delay in enforcement \u201csuggests that there is some rethinking\u201d happening when it comes to the new Wire Act interpretation, and that the new opinion could potentially be modified or even discarded.<\/p>\n","protected":false},"excerpt":{"rendered":"

One lucky individual will soon get to enjoy a life-changing jackpot, as lottery officials announced that the single winning Powerball ticket for Wednesday night\u2019s drawing was sold in Wisconsin. With stronger than expected ticket sales pushing the jackpot above the initial $750 million estimate, the winner will be claiming a prize worth $768.4 million. A […]<\/p>\n","protected":false},"author":42,"featured_media":101641,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13699],"tags":[],"acf":[],"yoast_head":"\nPowerball: Only Winning Ticket, Worth $768M, Sold in Wisconsin<\/title>\n<meta name=\"description\" content=\"The Powerball drawing on Wednesday resulted in just one winning ticket being sold to a lucky winner in Wisconsin who will take home a prize worth up to $768 million.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Powerball: Only Winning Ticket, Worth $768M, Sold in Wisconsin\" \/>\n<meta property=\"og:description\" content=\"The Powerball drawing on Wednesday resulted in just one winning ticket being sold to a lucky winner in Wisconsin who will take home a prize worth up to $768 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/powerball-only-winning-ticket-worth-768m-sold-in-wisconsin\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-28T20:55:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-03-28T20:56:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/03\/Powerball-Winning-Ticket-Wisconsin.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1012\" \/>\n\t<meta property=\"og:image:height\" content=\"569\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/powerball-only-winning-ticket-worth-768m-sold-in-wisconsin\/\",\"url\":\"https:\/\/www.casino.org\/news\/powerball-only-winning-ticket-worth-768m-sold-in-wisconsin\/\",\"name\":\"Powerball: Only Winning Ticket, Worth $768M, Sold in Wisconsin\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/powerball-only-winning-ticket-worth-768m-sold-in-wisconsin\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/powerball-only-winning-ticket-worth-768m-sold-in-wisconsin\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/03\/Powerball-Winning-Ticket-Wisconsin.jpg\",\"datePublished\":\"2019-03-28T20:55:38+00:00\",\"dateModified\":\"2019-03-28T20:56:06+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"The Powerball drawing on Wednesday resulted in just one winning ticket being sold to a lucky winner in Wisconsin who will take home a prize worth up to $768 million.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/powerball-only-winning-ticket-worth-768m-sold-in-wisconsin\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/powerball-only-winning-ticket-worth-768m-sold-in-wisconsin\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/powerball-only-winning-ticket-worth-768m-sold-in-wisconsin\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/03\/Powerball-Winning-Ticket-Wisconsin.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/03\/Powerball-Winning-Ticket-Wisconsin.jpg\",\"width\":1012,\"height\":569,\"caption\":\"The only winning ticket for Wednesday night\u2019s $768 million Powerball drawing was sold in Wisconsin. 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