$1.5 Billion Powerball jackpot winning numbers drawn Wednesday
January 13, 2016
Millions of people across the nation sat in anticipation, waiting for the winning Powerball numbers to be drawn for Wednesday’s $1.5 billion Powerball jackpot.
The winning numbers for the lottery were: 08, 27, 34, 04, 19 with a Powerball of 10.
A winner was reported in Chino Hills, California at 10:17 p.m. central.
Should the winner decide to take the lump sum amount, they’d receive $930 million before taxes. Should they decide to take the annuity option, the winner would receive 30 annual installments totaling $1.5 billion.
However, the riches that come from winning the lottery can be short lived. William Post won $16.2 million in the Pennsylvania lottery in 1988 and within a year was over $1 million in debt according to Forbes. He blew his cash on cars, boats, houses and even a plane which he didn’t have a license to fly. His former girlfriend was able to sue him, with success, for part of his winnings, and his brother even hired a hit man to try and kill Post.
The current jackpot had been building since Nov. 4, 2015, when the pot started out at $40 million.