Powerball jackpot soars, but what's the real payout? | FOX 10 Phoenix
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Powerball jackpot soars, but what's the real payout? | FOX 10 Phoenix
The Powerball jackpot has grown to an estimated $1.3 billion for Sept. 3's drawing, making it the fifth-largest jackpot in the game's history. The advertised jackpot amount is the total prize if a winner chooses to receive the winnings as an annuity, paid out in 30 graduated installments over 29 years. The cash value, which is the amount the ...
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