Winning Powerball Numbers For Saturday, July 29, 2017: $239 Million Jackpot
The Powerball jackpot for Saturday, July 29, 2017, is estimated at $239 million. Do you have the winning ticket?
By Deb Belt , Patch Staff
Jul 28, 2017 8:00 a m ET | Updated Jul 29, 2017 11:04 p m ET
Since a California player won the $447 million prize on June 10, the Powerball jackpot has been rebuilding and stands at $239 million for Saturday night’s drawing. The cash payout on Saturday, July 29, will be an estimated $151 million.
Powerball drawings are held every Wednesday and Saturday at 10:59 p.m. Eastern time. The record in the game was a $1.6 billion drawing in January 2016, which was won by a group of Tennessee workers. And five months ago, on Feb. 22, a lucky player in Indiana won the $435 million Powerball jackpot, the 10th largest in the game’s history.
The winning Powerball numbers for Saturday, July 29. are: 01-28-40-45-48, Powerball: 12, Power Play: 2.
Each ticket costs $2. Find out where you can buy your Powerball tickets here. The Powerball game is played by matching all five white balls in any order and the red Powerball number. The odds of picking the correct Powerball grand prize numbers are one in 292,201,338.
Tonight’s jackpot is small when compared with the January 2016 record Powerball jackpot, which was worth nearly $1.6 billion. But Americans will still drop by the nearest convenience store with dreams of cash and buy a ticket.
The billion-dollar-plus prize won in the Jan. 13, 2016, drawing was the largest lotto jackpot awarded in U.S. history and was split by three winners. In the summer of 2016, a New Hampshire player won a $478 million prize; the June 10 win of $447 million was the eighth largest jackpot in the game’s history.
If you still want to take a chance — someone has to win, right? — you have a better chance of hitting the jackpot if you let the computer pick your numbers. The Multi-State Lottery Association, which operates the Powerball game, says about 75 percent of winning tickets are selected when the numbers are chosen by a computer.
The lottery game is played in 44 states plus the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Powerball draws can be seen on hundreds of TV stations nationwide. It may also be available on cable or your mobile device. The draws are also posted on YouTube and on our site. Where to watch the Powerball drawing on TV.
Claiming, Safeguarding Winnings
So, what should you do if you win the big prize? Many lottery winners hire an attorney, financial planner or both, since most people don’t exactly know what to do when they suddenly come into so much money. Some even bring their lawyer with them to claim their prize. The lottery does not offer any counseling services or advice for winners.
You have two choices when you claim your prize: the full value paid in 30 installments over 29 years, or a one-time lump sum that is smaller than the actual total.
Then there are the taxes. The federal tax on lottery winnings is 25 percent. Then, any extra income taxes like state or city would apply.
Financial experts say that if you can get more than a 3 or 4 percent return on an investment, the lump sum is actually the best way to go in the long-term.
»Patch file photo
Powerball results for 07/29/17; did anyone win the $242M jackpot?
LANSING, MI — The Powerball jackpot is worth more than a quarter of $1 billion as there was no winner of the $242 million jackpot drawing held on Saturday, July 29.
That means the drawing on Wednesday, Aug. 2 will be worth $261 million with a cash option of $162.4 million.
The Powerball Numbers (white) for July 29: 1-28-40-45-48
The Red Powerball Power Number: 12
The Power Play Number: 2
Powerball winners for July 29:
- Along with no grand prize winner, no one matched all five white numbers drawn to win $1 million either making this a relatively unexciting drawing.
- Overall, there were 872,562 winners in the drawing who won at least $4 each. In Michigan, there were 28,518 winners.
- In Michigan, one player matched four white balls and the Powerball and played the Power Play option to win $100,000. That was the largest prize won in the state.
Powerball is offered in 44 States, Washington D.C., Puerto Rico, and the Virgin Islands. Players select five white numbers from (1 to 69) and one red ball (1 to 26). Tickets cost $2 each.
In other Michigan Lottery news:
- The next Mega Millions drawing is Tuesday Aug. 1 with an estimated jackpot of $303 million and cash option of $186 million.
- The next Lotto 47 drawing is Wednesday, Aug. 2 at 7:29 p.m. with a jackpot of $1.25 million. Deadline is 7:08 p.m. that day.
- Sunday’s Fantasy 5 jackpot is an estimated $105,000. The drawing is at 7:29 p.m. Deadline is 7:08 p.m.
For the latest on Michigan Lottery, check out the official Michigan Lottery site, which also offers more information on instant tickets, raffles and other lottery games.
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