NEW YORK (PIX11) — An estimated $850 million is up for grabs on Wednesday night’s Powerball jackpot drawing. The cash value of the prize is an estimated $383.7 million.
The winning numbers for the Aug. 27 drawing were 09, 12, 22, 61, 41, the Powerball was 25, and the Power Play was 4X.
This was the seventh-largest Powerball jackpot in the game’s history, according to officials.
A New Yorker who wins this jackpot will pay a mandatory Federal tax of 24%, and a state tax withholding of 10.9%, which is the highest in the United States. If a resident of the five boroughs, there is a city tax of 3.876%, and 1.46% if the winner is from Yonkers.
Winners have one year from the drawing to claim their prize. Powerball drawings are on Mondays, Wednesdays, and Saturdays at 10:59 p.m.
Matthew Euzarraga is a multimedia journalist from El Paso, Texas. He has covered local news and LGBTQIA topics in the New York City Metro area since 2021. He joined the PIX11 Digital team in 2023. You can see more of his work here.
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