Winning Powerball Tickets Sold in Texas and Missouri for $1.8 Billion Jackpot
CBS NewsOctober 5, 20251 min7,994 views
6 connectionsΒ·7 entities in this videoβPowerball Jackpot Details
- π― Two winning tickets for the nearly $1.8 billion Powerball jackpot were sold over the weekend.
- π The winning tickets were purchased in Fredericksburg, Texas, and Missouri.
Payouts and Anonymity
- π° In Texas, the winner opted for the lump sum payout, which is valued at over $400 million.
- πΈ Texas has no state income tax, meaning the winner will retain more of the winnings.
- β The payout choice for the Missouri winner (lump sum or annuitized) is unknown, and Missouri does have a state income tax.
- π Winners in both Texas and Missouri have the option to remain anonymous.
Store Bonus
- π The store that sold one of the winning tickets in Texas will receive a $250,000 bonus.
- βοΈ This bonus is due to a law enacted on September 1st; had the ticket been sold before that date, the bonus would have been $1 million.
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Whatβs Discussed
PowerballLottery JackpotWinning TicketsTexasMissouriLump Sum PayoutAnnuitized PayoutState Income TaxAnonymityStore Bonus
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