Winning Powerball Numbers for Saturday, Nov. 5, 2016: $217M Jackpot (Updated)
The Powerball jackpot has reached $217 million for the Nov. 5 drawing. Do you have the winning ticket?
By Deb Belt , Patch Staff
Nov 5, 2016 8:28 p m ET | Updated Nov 5, 2016 11:09 p m ET
The multi-state Powerball jackpot prize has climbed past the $200 million mark, Saturday’s drawing is estimated at $217 million.
The cash payout would be $142.7 million. Powerball drawings are held every Wednesday and Saturday at 10:59 p.m. Eastern time.
A $246 million Powerball prize was won Sept. 17 by someone who purchased a ticket at a Publix store in Brookhaven, Georgia.
The winning Powerball numbers for Saturday, Nov. 5, are: 31, 50, 69, 21, 51 and the Powerball of 8.
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 tiny when compared with January’s record Powerball jackpot, which was worth nearly $1.6 billion. But it’s enough to make Americans drop by the nearest convenience store with dreams of cash.
The billion-dollar-plus prize won in the Jan. 13 drawing was the largest lotto jackpot awarded in U.S. history and was split by three winners. And earlier this summer, a New Hampshire player won a $478 million prize.
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
Winning Powerball Numbers for Saturday, Nov. 5, 2016: $217M Jackpot (Updated) – Annapolis, MD – The Powerball jackpot has reached $217 million for the Nov. 5 drawing. Do you have the winning ticket?
Powerball results for 11/5/16 drawing; $217M jackpot up for grabs
The Powerball Numbers (white) for Nov. 5: 21-31-50-51-69. The Red Powerball Power Number: 8. The Power Play Number: 3.
LANSING, MI — There was no grand-prize winner for the $217 million Powerball drawing held on Saturday, Nov. 5.
That means the drawing on Wednesday, Nov. 8 will be worth $236 million and a cash option of $156.2 million.
The Powerball Numbers (white) for Nov. 5: 21-31-50-51-69
The Red Powerball Power Number: 8
The Power Play Number: 3
Powerball winners for Nov. 5:
- Along with no grand-prize winner, no one matched all five white balls drawn to win $1 million either.
- Overall, there were 879,234 winners in the drawing who won at least $4 each. In Michigan, there were 27,553 winners.
- Five tickets sold in Michigan won $300 in the drawing. 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, Nov. 8, with an estimated jackpot of $54 million and cash option of $35 million.
- The next Lotto 47 drawing is Wednesday, Nov. 9 at 7:29 p.m. with a jackpot of $9 million. Deadline is 7:08 p.m. that day.
- Sunday’s Fantasy 5 jackpot is an estimated $116,000. 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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Powerball results for 11/5/16 drawing; $217M jackpot up for grabs The Powerball Numbers (white) for Nov. 5: 21-31-50-51-69. The Red Powerball Power Number: 8. The Power Play Number: 3.