$900 million Powerball jackpot: Here’s what you need to know
Following yet another failed jackpot, the US Powerball total has rocketed to US$900 million (AUD$1.31 billion).
Powerball jackpot
Powerball hits $1.31 billion—here’s how much the winner would actually take home after taxes
The Powerball jackpot has climbed to an estimated $US900 million—the seventh largest in U.S. history—after no ticket matched all six numbers drawn on Saturday, the lottery said, but because of taxes, the winner of the next jackpot will take home significantly less.