Two winners split the Powerball jackpot at $688 million

Do your parent's or adults you know buy lottery tickets? The most recent drawings were on Friday, October 26 and Saturday, October 27. The most recent Mega Millions lottery was at about 45 million dollars and the Powerball lottery was at about 688 million dollars. This Powerball jackpot is now the runner-up to the world record of the highest Powerball jackpot which was around 1.6 billion dollars.

The odds of winning the national lottery is 1 in 45,057,474. You have a better chance of being struck by lightning. For this most recent drawings, there were two winners for the Powerball. The winning numbers were 8, 12, 13, 19, 27 and Powerball of 04. Although their identities haven't been released yet, we do know the tickets were sold in Iowa and New York. The winners have two choices for methods of receiving their jackpot: they could choose to receive the cash on the spot or they could choose to receive annual payments over the next 30 years.

How does this have to do with our government? Well actually, from the total pot of the Mega Millions and Powerball, only 50% goes to prizes that we can win. The other half is given to states for their intended spending. For example, in Colorado, they funded new parks and in Florida, they funded new classrooms for public schools. In California, they fund public schools too. Since the Proposition 37 amendment in 1984, the California lottery has funded over $31 billion to public schools from ticket sales.
 


https://www.cnbc.com/2018/10/28/winning-numbers-for-powerballs-688-million-jackpot-drawn.html
https://www.calottery.com/win
https://abcnews.go.com/US/mega-millions-lottery-lottery-money-states/story?id=58661412
https://www.calottery.com/giving-back/education/mission