Powerball prize worth $50,000 bought at a grocery store remains unclaimed (2024)

LOTTERY lovers might find themselves in luck if they check their numbers for an unclaimed $50,000 prize.

The lucky Powerball player is sitting on a hefty win but it will expire.

1

Lottery players in Minnesota are being encouraged to check their tickets.

A whopping $50,000 prize has yet to be claimed.

The winning ticket was sold at a Hy-Vee grocery store.

It dates back to a January 27 drawing.

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The game was a Match 4 plusPowerballwin which happens when a player can correctly guess four numbers and the Powerball.

Winning numbers for the drawing include 07-38-65-66-68 and the Powerball number 21.

But don't worry, there's still time to get your bag.

Players have until January 27, 2025 to claim their prize.

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That's 230 days.

Like most states, Minnesota players have exactly a year from the drawing date to claim their cash.

Historic $560 Million Mega Millions Jackpot won

There is a one in 931,129 chance of winning the Match 4 Powerball lottery.

PLAYING THE POWERBALL

Powerball drawings happen three times a week.

With nine different ways to win, players must pick five numbers from 1–69 and one Powerball number from 1–26, per the Minnesota Lottery.

It costs an additional dollar to play thePowerPlay which can multiply non-jackpot prizes by 2, 3, 4, 5, or 10 times.

If you match five white balls and the Powerball for the jackpot, it's a one in 292,201,338 odds.

Lottery winnings: lump sum or annuity?

Powerball prize worth $50,000 bought at a grocery store remains unclaimed (8)

Players who win big on lottery tickets typically have a choice to make: lump sum or annuity?

The two payout methods can impact how much money you get from your prize.

Annuities pay out slowly in increments, often over 30 years.

Lump sums pay all at once but in a smaller amount, as taxes are withheld in one go. That means 24% of your prize goes to Uncle Sam right away. Many states tax winnings as well.

Annuities can provide winners time to set up the financial infrastructure required to take in a life-changing amount of money, but lump sums have the benefit of being taxed only once.

Inflation is also worth considering when making a choice, as payouts do not adjust with the value of a dollar. That means that you'll likely be getting less valuable money towards the end of an annuity.

Each state and game pays out prizes differently, so it’s best to check with your state’s lottery to confirm payment policies. A financial advisor can also help you weigh the pros and cons of each option.

Experts have varying opinions on whether to take the lump sum or take the annuity.

If you match five white balls, you can win $1 million, at a one in 11,688,053.52 odds.

For a prize like the aforementioned $50,000, winning chances are one in 913,129.18 odds.

Match four white balls and you win $100, for a one in 36,525.17 odds.

If you guess three white balls and the Powerball correctly, you will score the same $100 amount for one in 14,494.11 odds.

Players can win $7 if they match three white balls for one in 579.76 odds and the same amount if they match two white balls and the Powerball.

Matching one white ball and the Powerball will get you $4 and matching only the Powerball will earn you the same.

Powerball jackpots begin at $20million and continue to get bigger until someone wins.

Tickets are good for up to 14 draws.

If players choose to play more than one draw, your ticket will include a drawing date range instead of a single drawing date.

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A$450,000 prize is set to expirein a few weeks if the winner does not come forward.

Plus, California officials are advising players tocheck their Powerball ticketsfrom the drawing on June 5.

Remember to gamble responsibly
A responsible gambler is someone who:

  • Establishes time and monetary limits before playing
  • Only gambles with money they can afford to lose
  • Never chase their losses
  • Doesn’t gamble if they’re upset, angry, or depressed

If you or someone you know is struggling with gambling addiction, call the National Gambling Helpline at 1-800-522-4700 or visit the National Council on Problem Gambling online.

Powerball prize worth $50,000  bought at a grocery store remains unclaimed (2024)

FAQs

Powerball prize worth $50,000 bought at a grocery store remains unclaimed? ›

A LUCKY lottery player is oblivious to the fact they are $50,000 richer as the prize goes unclaimed. The winning third-prize Powerball ticket was drawn in New Jersey on April 29. According to lottery officials, it was purchased at a Quick Mart convenience store in Somerset.

How long can you collect Powerball winnings? ›

Your draw game ticket must be postmarked or received by Lottery offices within 180 days of the winning draw date, except that, in the case of Mega Millions and Powerball Jackpots, the tickets must be postmarked or received within one year from the winning draw date.

How many numbers to win on Powerball? ›

In order to win the Powerball jackpot you need to guess all six numbers correctly. However, you can still win some cash with just a few. The jackpot is now at $95 million for Wednesday's drawing after nobody claimed the prize on Monday. #Powerball was not hit tonight.

How much is the Powerball drawing? ›

The Powerball costs $2 per play. In Pennsylvania, you can buy tickets online: www.pailottery.com/games/draw-games/. Tickets can be bought online as well in New Jersey: njlotto.com. To play, select five numbers from 1 to 69 for the white balls, then select one number from 1 to 26 for the red Powerball.

Does Powerball have to be bought with cash? ›

There are 23 states where it's allowed to buy lottery tickets with a credit card, according to NerdWallet. The other 22 states that offer the lottery can vary in what they accept for payment, from only cash to debit cards, gift cards and more. If you're unsure, check the rules for your specific state or territory.

What happens if Powerball is not claimed? ›

If a winner of a Powerball or Mega Millions grand prize doesn't come forward, the money is returned to the state lotteries in proportion to their sales. For smaller prizes of these games or for state lottery games, the states have different rules for unclaimed prize winnings.

How do lottery winners deposit their money? ›

If you chose to pick up your first Lottery payment from a California Lottery District Office, your first Lottery prize payment will be available for pickup within six to eight weeks of your claim. Future payments can be mailed directly to your home address or to your financial institution for deposit into your account.

What do two numbers on Powerball get you? ›

Match 2 white numbers + Powerball — $7. Match 1 white number + Powerball — $4. Powerball only — $4.

What is double play on Powerball? ›

Double Play is an add-on feature that gives players in select jurisdictions another chance to match their Powerball numbers in a separate drawing with a top cash prize of $10 million. Players can add the Double Play feature to their Powerball ticket for an additional $1 per play.

What happens if you get all 5 numbers but not the Powerball? ›

Matching three main numbers and the Powerball or four main numbers, that's a $100 payout. To land a $50,000 prize, you'll have to match four main numbers and the Powerball. If you match five main numbers but not the Powerball, your ticket is worth $1 million.

What happens if a tourist wins the lottery in the USA? ›

If you are a non-U.S. resident, then you will end up paying 30 percent of the winning amount in taxes. You might have to pay extra taxes, as well. The tax rules also vary from state to state.

What is the difference between a $2 and a $3 Powerball ticket? ›

Powerball Costs: The Bottom Line

The Powerball ticket price is $2 per play. You can add Power Play for $1, bringing the total to $3 per ticket. The Double Play add-on also costs an additional $1 for a total of $3 per ticket. You can add both Power Play and Double Play for a total of $4 per ticket.

How long after Powerball drawing can you claim prize? ›

A claim period is set for both Mega Millions and Powerball, though length varies per jurisdiction. Ticket expiration dates typically vary from 90 days to one year form the draw date depending on the selling jurisdiction, per the Mega Millions and Powerball websites.

Is Powerball paid out over 20 years? ›

Jackpot winners may choose to receive their prize as an annuity, paid in 30 graduated payments over 29 years, or a lump-sum payment.

Are lottery annuity payments guaranteed? ›

It is true that lottery annuities are generally guaranteed, backed by the state or insurance companies that issue them. They offer a steady income over a period, typically 20-30 years, reducing the risk of spending all winnings at once. However, consider inflation and your financial goals before choosing an annuity.

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