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powerball 3/16/19

Powerball Winning Numbers For 3/16/2019 Drawing: $495M Jackpot

Here are the winning Powerball numbers for the jackpot drawing on Saturday, March 16, 2019.

By Deb Belt , Patch Staff
Mar 16, 2019 8:10 p m ET | Updated Mar 16, 2019 11:02 p m ET

The Powerball jackpot is barely under the half-a-billion-dollar mark; the prize has climbed to a whopping estimated $495 million for Saturday. The one-time cash payout for the March 16 Powerball drawing will be an estimated $300.2 million to the player who correctly picks all of the lottery numbers.

What time are the winning Powerball numbers drawn? Numbers are selected every Wednesday and Saturday at 10:59 p.m. Eastern time, with Powerball results typically posted within five minutes.

In most states, ticket sales stop at least an hour before the drawing, but a state may cut off sales earlier, such as Illinois, which ends sales three hours before the drawing. In Maryland and New Jersey, ticket sales end at 9:59 p.m.; in Virginia, they close at 10 p.m. Check with your state lottery for the sales cut-off time.

The winning Powerball numbers for Saturday, March 16, are: 30, 34, 39, 53, 67 and the Powerball of 11.

The largest Powerball jackpot in history was $1.586 billion, which was shared by winners in California, Florida and Tennessee in January 2016. Someone in South Carolina claimed the $1.6 billion Mega Millions jackpot on Oct. 23, 2018.

The Powerball game is played by matching all five white balls in any order and the red Powerball number. The odds of picking the correct Powerball grand prize numbers are one in 292,201,338. Powerball tickets cost $2 each, and are sold at thousands of Lottery retailers. Find out where you can buy your Powerball tickets here.

You have a better chance of hitting the jackpot if you let the computer pick your numbers, according to the Multi-State Lottery Association, which operates the Powerball game and reports that about 75 percent of winning tickets have numbers chosen by a computer.

The largest Powerball jackpots ever are as follows:

  • $1.586 billion, Jan. 13, 2016
  • $758.7 million, Aug. 23, 2017
  • $688 million, Oct. 27, 2018
  • $590.5 million, May 18, 2013
  • $587.5 million, Nov. 28, 2012
  • $564.1 million, Feb. 11, 2015
  • $559.7 million, Jan. 6, 2018
  • $487.0 million, July 30, 2016
  • $456 million, March 17, 2018
  • $448.4 million, Aug. 7, 2013
  • $447.8 million, June 10, 2017
  • $435.3 million, Feb. 22, 2017

When millions more players take part in the game at times there’s a huge jackpot, that doesn’t change your odds of winning, the lottery says. The odds of winning a prize are the same in every Powerball drawing — you have a 1 in 24.9 chance of winning a prize when the jackpot reaches $40 million or $1 billion.

The lottery game is played in 44 states plus the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Powerball drawings can be seen on 125 TV stations nationwide. They may also be available on cable or your mobile device. Drawing shows are also posted to Powerball.com under the video section and to YouTube.

Claiming, Safeguarding Winnings

So, what should you do if you are lucky enough to claim the Powerball jackpot? Many lottery winners hire an attorney, financial planner or both, since most people don’t exactly know what to do when they suddenly come into so much money. Some even bring their lawyer with them to claim their prize. The lottery does not offer counseling services or financial advice for winners.

You have two choices when you claim your prize: the full value paid in 30 installments over 29 years, or a one-time lump sum that is smaller than the actual total. Then there are the taxes. The federal tax on lottery winnings is 25 percent. Then, any extra income taxes like state or city would apply.

Financial experts suggest that if you can get more than a 3 or 4 percent return on an investment, the lump sum is actually the best way to go in the long-term.

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Powerball Winning Numbers For 3/16/2019 Drawing: $495M Jackpot – Annapolis, MD – Here are the winning Powerball numbers for the jackpot drawing on Saturday, March 16, 2019.

Powerball Results, Numbers for 3/16/19: Did Anyone Win The $495 Million Jackpot on Saturday (Last) Night?

The latest Powerball jackpot is worth $495 million with a cash option of $300.2 million. Did anyone win the jackpot prize on Saturday night?

The lottery drawing for Saturday night’s Powerball was held at 11 p.m. EST. The selected numbers were 30-34-39-53-67, Powerball 11, and Power Play 2X, according to the Powerball website. Although no one was able to win the jackpot prize, one Powerball player from North Dakota won two million dollars after matching five of the winning numbers and the Power Play, the lottery website states. There were also two winners from New Jersey and Pennsylvania who won one million dollars after matching the five selected numbers.

The next Powerball drawing will be held at 11 p.m. EST on Wednesday night. The jackpot is now worth $550 million with a cash option of $335 million, according to the Powerball website.

The lottery drawings for Powerball are held twice a week on Wednesday and Saturday nights at 11 p.m. EST. Powerball is played across 44 states in the U.S. and is one of the most popular lottery games played across the nation, according to the lottery website.

The last person to claim a Powerball prize was a father from Fremont, Nebraska. Zach Norenberg claimed his one million dollar jackpot prize on March 8 after purchasing a winning ticket for the March 6 Powerball drawing, according to a Powerball press release.

Norenberg told lottery officials he was dropping his daughter off before going to work when he stopped at the Hy-Vee Gas station in Fremont to fill up his truck and buy an energy drink. He said he decided to purchase a few lottery tickets and picked the numbers based on family members birthdays. The jackpot winner told lottery officials he was watching his local news station one night when the winning numbers popped up on screen and decided to check his ticket.

“I called and woke my parents,” he told lottery officials. “I said, ‘Dad, I just won $1 million.'”

Norenberg and his wife, Shelby, told lottery officials they will pay off their student loan debt, their mortgage, and will use the rest of the winnings to help with their one-year-old daughter and a new baby on the way. The soon-to-be father of two also decided to buy another lottery ticket on March 8 when they were heading to Des Moines, Iowa, for his brother’s wedding.

Powerball’s jackpot on Saturday night was worth $495 million with a cash option of $300.2 million. ]]>