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Who Won the $731 Million Powerball?

The winning ticket was sold at a convenience store in a former mining town in Maryland. “We don’t know for who,” the shopkeeper said, “but we are happy for somebody.”

  • Published Jan. 21, 2021 Updated Jan. 23, 2021

Someone in Maryland is suddenly $731 million richer.

A jackpot-winning Powerball ticket was sold at a convenience store in Lonaconing, Md., a down-on-its-luck former mining town in the virus-battered northwestern corner of the state. The ticket matched all six numbers during Wednesday evening’s Powerball drawing.

The $731.1 million jackpot is the fourth largest in Powerball’s 28-year history and the sixth largest lottery jackpot ever in the United States, Powerball announced on Thursday. The drawing was the highest the Powerball jackpot has been since March 2019, when it rose to $768 million.

Powerball did not immediately name the winner. Lottery winners in Maryland can choose to remain anonymous, and they have at least 182 days to claim the prize.

The winning ticket was sold at Coney Market, a convenience store that sells subs and pizza in Lonaconing, a small town — population 1,200 — in Allegany County, which has the most Covid-19 cases per capita in the state. About a quarter of the population of Lonaconing lives below the poverty line, according to census data.

“We were surprised and very happy,” Richard Ravenscroft, the store’s owner, said in an interview on Thursday. “We don’t know for who, but we are happy for somebody.”

The store will receive a $100,000 bonus from the Maryland Lottery for selling the winning ticket. The winning numbers in Wednesday’s drawing were 40, 53, 60, 68, 69 and a Powerball of 22.

According to Powerball, the winner can choose to have an estimated pretax annuity of $731.1 million paid in 30 payments over 29 years, or a lump sum of $546.8 million, also before taxes. The odds of winning a Powerball jackpot are one in 292.2 million.

Another national lottery closed in on a record jackpot this week: Before its drawing on Friday, Mega Millions estimates that its jackpot will reach $970 million, which would be the second-largest prize in the game’s history.

A lingering mythology holds that the winners of big jackpots become cursed after their strokes of good fortune. There are numerous accounts of winners who, unequipped to manage their newfound wealth, go on to struggle with substance abuse, ruined relationships and insolvency.

One influential study in 1978 found that lottery winners were not any happier than their neighbors or more optimistic about the future. But other studies have countered the notion of the so-called lottery curse, suggesting that the winners’ general psychological well-being bounces back over time after cashing in the prize.

Mr. Ravenscroft, who has owned Coney Market for six years, said he wished the winner luck. “I really think that they have quite an opportunity, and I hope they use good judgment,” he said.

The Powerball jackpot was last hit in New York in the Sept. 16 drawing. Since then, there had been 35 games in a row without a jackpot winner until Wednesday.

The next drawing will be on Saturday, when the Powerball jackpot resets to $20 million.

The winning ticket was sold at a convenience store in a former mining town in Maryland. “We don’t know for who,” the shopkeeper said, “but we are happy for somebody.”

Powerball Jackpot Analysis

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The tax information provided here is based on 2021 federal marginal rates and state tax rates. We show both the intial mandated federal withholding of 24% as well as the remaining federal taxes that will be due. The initial state withholding taxes are based on published guidance from each state lottery and the final state tax rates are from state government publications.

All annuity amounts shown are the average amounts a jackpot winner would receive. Powerball annuity payments are made on an annually-increasing rate schedule, so to see what the payments would be on a year-by-year basis for any state, click the Annual Payment Schedule link next to the state.

Important: Be sure to review the Important Notes section at the bottom of the page, which provide additional context about the numbers presented here.

Federal Filing Status:

Annuity Cash
Powerball Jackpot for Sat, Jan 30, 2021 $30,000,000 $22,500,000
Gross Prize 30 average annual payments of $1,000,000 Cash: $22,500,000
– 24% federal tax – $240,000 – $5,400,000
– Add’l federal taxes due (37% final rate) – $94,072 – $2,889,072
Subtotal $665,928 $14,210,928
– State Tax:
Arizona: 4.8% state tax for in-state residents – $48,000 – $1,080,000
Your average net per year: $617,928 Your net payout: $13,130,928
After 30 payments: $18,537,840
Annuity Payment Schedule
Non-Arizona residents: 6% state tax – $60,000 – $1,350,000
Your average net per year: $605,928 Your net payout: $12,860,928
After 30 payments: $18,177,840
Annuity Payment Schedule
Arkansas: 6.6% state tax – $66,000 – $1,485,000
Your average net per year: $599,928 Your net payout: $12,725,928
After 30 payments: $17,997,840
Annuity Payment Schedule
California: No state tax on lottery prizes
Your average net per year: $665,928 Your net payout: $14,210,928
After 30 payments: $19,977,840
Annuity Payment Schedule
Colorado: 4% state tax withheld – $40,000 – $900,000
Add’l state taxes due (4.63% final rate) – $6,300 – $141,750
Your average net per year: $619,628 Your net payout: $13,169,178
After 30 payments: $18,588,840
Annuity Payment Schedule
Connecticut: 6.99% state tax – $69,900 – $1,572,750
Your average net per year: $596,028 Your net payout: $12,638,178
After 30 payments: $17,880,840
Annuity Payment Schedule
Delaware: 0% state tax withheld – $0 – $0
Add’l state taxes due (6.6% final rate) – $66,000 – $1,485,000
Your average net per year: $599,928 Your net payout: $12,725,928
After 30 payments: $17,997,840
Annuity Payment Schedule
Florida: No state tax on lottery prizes
Your average net per year: $665,928 Your net payout: $14,210,928
After 30 payments: $19,977,840
Annuity Payment Schedule
Georgia: 5.75% state tax – $57,500 – $1,293,750
Your average net per year: $608,428 Your net payout: $12,917,178
After 30 payments: $18,252,840
Annuity Payment Schedule
Idaho: 6.925% state tax – $69,250 – $1,558,125
Your average net per year: $596,678 Your net payout: $12,652,803
After 30 payments: $17,900,340
Annuity Payment Schedule
Illinois: 4.95% state tax – $49,500 – $1,113,750
Your average net per year: $616,428 Your net payout: $13,097,178
After 30 payments: $18,492,840
Annuity Payment Schedule
Indiana: 3.23% state tax – $32,300 – $726,750
Your average net per year: $633,628 Your net payout: $13,484,178
After 30 payments: $19,008,840
Annuity Payment Schedule
Iowa: 5% state tax withheld – $50,000 – $1,125,000
Add’l state taxes due (8.53% final rate) – $35,300 – $794,250
Your average net per year: $580,628 Your net payout: $12,291,678
After 30 payments: $17,418,840
Annuity Payment Schedule
Kansas: 5% state tax withheld – $50,000 – $1,125,000
Add’l state taxes due (5.7% final rate) – $7,000 – $157,500
Your average net per year: $608,928 Your net payout: $12,928,428
After 30 payments: $18,267,840
Annuity Payment Schedule
Kentucky: 5% state tax – $50,000 – $1,125,000
Your average net per year: $615,928 Your net payout: $13,085,928
After 30 payments: $18,477,840
Annuity Payment Schedule
Louisiana: 5% state tax withheld – $50,000 – $1,125,000
Add’l state taxes due (6% final rate) – $10,000 – $225,000
Your average net per year: $605,928 Your net payout: $12,860,928
After 30 payments: $18,177,840
Annuity Payment Schedule
Maine: 5% state tax withheld – $50,000 – $1,125,000
Add’l state taxes due (7.15% final rate) – $21,500 – $483,750
Your average net per year: $594,428 Your net payout: $12,602,178
After 30 payments: $17,832,840
Annuity Payment Schedule
Maryland: 8.95% state tax for in-state residents – $89,500 – $2,013,750
Your average net per year: $576,428 Your net payout: $12,197,178
After 30 payments: $17,292,840
Annuity Payment Schedule
Non-Maryland residents: 8% state tax – $80,000 – $1,800,000
Your average net per year: $585,928 Your net payout: $12,410,928
After 30 payments: $17,577,840
Annuity Payment Schedule
Massachusetts: 5% state tax – $50,000 – $1,125,000
Your average net per year: $615,928 Your net payout: $13,085,928
After 30 payments: $18,477,840
Annuity Payment Schedule
Michigan: 4.25% state tax – $42,500 – $956,250
Your average net per year: $623,428 Your net payout: $13,254,678
After 30 payments: $18,702,840
Annuity Payment Schedule
Minnesota: 7.25% state tax withheld – $72,500 – $1,631,250
Add’l state taxes due (9.85% final rate) – $26,0 00 – $585,000
Your average net per year: $567,428 Your net payout: $11,994,678
After 30 payments: $17,022,840
Annuity Payment Schedule
Mississippi: 5% state tax – $50,000 – $1,125,000
Your average net per year: $615,928 Your net payout: $13,085,928
After 30 payments: $18,477,840
Annuity Payment Schedule
Missouri: 4% state tax withheld – $40,000 – $900,000
Add’l state taxes due (5.4% final rate) – $14,000 – $315,000
Your average net per year: $611,928 Your net payout: $12,995,928
After 30 payments: $18,357,840
Annuity Payment Schedule
Montana: 6.9% state tax – $69,000 – $1,552,500
Your average net per year: $596,928 Your net payout: $12,658,428
After 30 payments: $17,907,840
Annuity Payment Schedule
Nebraska: 5% state tax withheld – $50,000 – $1,125,000
Add’l state taxes due (6.84% final rate) – $18,400 – $414,000
Your average net per year: $597,528 Your net payout: $12,671,928
After 30 payments: $17,925,840
Annuity Payment Schedule
New Hampshire: No state tax on lottery prizes
Your average net per year: $665,928 Your net payout: $14,210,928
After 30 payments: $19,977,840
Annuity Payment Schedule
New Jersey: 8% state tax withheld – $80,000 – $1,800,000
Add’l state taxes due (10.75% final rate) – $27,500 – $618,750
Your average net per year: $558,428 Your net payout: $11,792,178
After 30 payments: $16,752,840
Annuity Payment Schedule
New Mexico: 6% state tax – $60,000 – $1,350,000
Your average net per year: $605,928 Your net payout: $12,860,928
After 30 payments: $18,177,840
Annuity Payment Schedule
New York: 8.82% state tax withheld † – $88,200 – $1,984,500
Add’l state taxes due (9.62% final rate) – $8,000 – $180,000
Your average net per year: $569,728 Your net payout: $12,046,428
After 30 payments: $17,091,840
Annuity Payment Schedule
North Carolina: 5.25% state tax – $52,500 – $1,181,250
Your average net per year: $613,428 Your net payout: $13,029,678
After 30 payments: $18,402,840
Annuity Payment Schedule
North Dakota: 2.9% state tax – $29,000 – $652,500
Your average net per year: $636,928 Your net payout: $13,558,428
After 30 payments: $19,107,840
Annuity Payment Schedule
Ohio: 4.797% state tax – $47,970 – $1,079,325
Your average net per year: $617,958 Your net payout: $13,131,603
After 30 payments: $18,538,740
Annuity Payment Schedule
Oklahoma: 5% state tax – $50,000 – $1,125,000
Your average net per year: $615,928 Your net payout: $13,085,928
After 30 payments: $18,477,840
Annuity Payment Schedule
Oregon: 8% state tax withheld – $80,000 – $1,800,000
Add’l state taxes due (9.9% final rate) – $19,000 – $427,500
Your average net per year: $566,928 Your net payout: $11,983,428
After 30 payments: $17,007,840
Annuity Payment Schedule
Pennsylvania: 3.07% state tax – $30,700 – $690,750
Your average net per year: $635,228 Your net payout: $13,520,178
After 30 payments: $19,056,840
Annuity Payment Schedule
Puerto Rico: No state tax on lottery prizes
Your average net per year: $665,928 Your net payout: $14,210,928
After 30 payments: $19,977,840
Annuity Payment Schedule
Rhode Island: 5.99% state tax – $59,900 – $1,347,750
Your average net per year: $606,028 Your net payout: $12,863,178
After 30 payments: $18,180,840
Annuity Payment Schedule
South Carolina: 7% state tax – $70,000 – $1,575,000
Your average net per year: $595,928 Your net payout: $12,635,928
After 30 payments: $17,877,840
Annuity Payment Schedule
South Dakota: No state tax on lottery prizes
Your average net per year: $665,928 Your net payout: $14,210,928
After 30 payments: $19,977,840
Annuity Payment Schedule
Tennessee: No state tax on lottery prizes
Your average net per year: $665,928 Your net payout: $14,210,928
After 30 payments: $19,977,840
Annuity Payment Schedule
Texas: No state tax on lottery prizes
Your average net per year: $665,928 Your net payout: $14,210,928
After 30 payments: $19,977,840
Annuity Payment Schedule
U.S. Virgin Islands: Unknown state tax rate
Your average net per year: $665,928 Your net payout: $14,210,928
After 30 payments: $19,977,840
Annuity Payment Schedule
Vermont: 6% state tax withheld – $60,000 – $1,350,000
Add’l state taxes due (8.75% final rate) – $27,500 – $618,750
Your average net per year: $578,428 Your net payout: $12,242,178
After 30 payments: $17,352,840
Annuity Payment Schedule
Virginia: 4% state tax withheld – $40,000 – $900,000
Add’l state taxes due (5.75% final rate) – $17,500 – $393,750
Your average net per year: $608,428 Your net payout: $12,917,178
After 30 payments: $18,252,840
Annuity Payment Schedule
Washington: No state tax on lottery prizes
Your average net per year: $665,928 Your net payout: $14,210,928
After 30 payments: $19,977,840
Annuity Payment Schedule
Washington, D.C.: 8.95% state tax – $89,500 – $2,013,750
Your average net per year: $576,428 Your net payout: $12,197,178
After 30 payments: $17,292,840
Annuity Payment Schedule
West Virginia: 6.5% state tax – $65,000 – $1,462,500
Your average net per year: $600,928 Your net payout: $12,748,428
After 30 payments: $18,027,840
Annuity Payment Schedule
Wisconsin: 7.65% state tax – $76,500 – $1,721,250
Your average net per year: $589,428 Your net payout: $12,489,678
After 30 payments: $17,682,840
Annuity Payment Schedule
Wyoming: No state tax on lottery prizes
Your average net per year: $665,928 Your net payout: $14,210,928
After 30 payments: $19,977,840
Annuity Payment Schedule

† New York imposes additional withholding if you live in one of the following jurisdictions: New York City (3.876%) and Yonkers (1.477%).

Powerball jackpot analysis shows the net amount a grand prize winner would receive after federal and state taxes are withheld. ]]>