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Powerball Winning Numbers For Saturday, 5/7/16

The jackpot for Saturday’s Powerball drawing is $429.6 million, the ninth largest lotto jackpot in U.S. history. Did you win?

    Ryan Bonner , Patch Staff

Lines were long at New York Lottery retailers across the state Saturday as dreamers waited to purchase a chance at a massive Powerball jackpot.

The winning Powerball numbers for Saturday, May 7’s drawing were 5, 25, 26 44, 66 with a Powerball of 9. The jackpot rose to $429.6 million by the time of the drawing.

A sole jackpot winning ticket was sold in New Jersey.

It’s the ninth largest lottery jackpot in U.S. history and it comes just months after a Powerball jackpot climbed all the way up to a record $1.6 billion.

Two second prize winning tickets worth $1 million were sold for Wednesday’s $348 million drawing. One of those tickets was sold at a Long Island gas station.

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The folks at USAMega.com crunched the numbers for each of the states that participate in Powerball, including New York. After factoring in a 8.82 percent state tax and a 25 percent federal tax, the site’s analysts say if a New York resident happens to pick all of Saturday night’s numbers, he or she would be $178.5 million richer if a lump sum payout were selected. The annuity payout over 30 years would net a New Yorker an average of $9.2 million a year. The total payout over 30 years is estimated at $274.6 million.

Powerball is played in 44 states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

The odds of winning the Powerball jackpot are not great: just 1 in 292,201,338.

So, what if you only match a few numbers, what do you win? Here’s the deal:

  • Match 5 numbers and the Powerball number = Jackpot
  • Match 5 numbers, not including the Powerball number = $1 million
  • Match 4 numbers and the Powerball number = $50,000
  • Match 4 numbers, not including the Powerball number = $100
  • Match 3 numbers and the Powerball number = $100
  • Match 3 numbers, not including the Powerball number = $7
  • Match 2 numbers and the Powerball number = $7
  • Match 1 number and the Powerball number = $4
  • Match only the Powerball number = $4

In January, the Powerball jackpot climbed to $1.6 billion, the highest it has ever been. Three people from California, Tennessee and Florida split that big prize.

Powerball Winning Numbers For Saturday, 5/7/16 – Commack, NY – The jackpot for Saturday's Powerball drawing is $429.6 million, the ninth largest lotto jackpot in U.S. history. Did you win?

Powerball lottery jackpot 5/7/16: Winning numbers, live results for Saturday’s jackpot drawing

Gallery: 10 largest U.S. lottery jackpots

The winning Powerball numbers for Saturday evening’s $415 million jackpot drawing have been selected.

The numbers are: 25, 66, 44, 5, and 26.

The Powerball is: 9

PowerPlay: 2

The cash value of the drawing is $269.7 million should a lucky ticket holder want his or her Powerball winnings in a lump sum.

The Powerball winning numbers for Saturday night’s $415 million Powerball jackpot drawing will be drawn just before 11 p.m.

The drawing can be viewed on WABC-7 in the New York City and WPVI-6 in the Philadelphia market.

If someone overcomes the more than 292 million to 1 odds and wins the ninth-largest lottery jackpot in U.S. history, he or she can choose the cash option is worth $269.7 million.

Lottery players are hoping to buy the winning ticket for Saturday’s $415 million drawing.

Entering Saturday, 18 Powerball drawings have passed since someone hit the jackpot.

Judge James Stockas of Bethlehem, Pa. bough $10 of lottery ticket and a bag of ice in Marahon, Fla. while returning from a vacation in the Florida Keys and wound up winning a $291.4 million jackpot on March 2.

Stocklas learned he won two days later while eating at a Bethlehem diner and reading an article about the lottery on his smartphone. The divorced father of two adult children matched the numbers to the ticket in his wallet and then trembled for an hour.

Stocklas, who also has three grandchildren, chose to receive the winnings in a one-time, lump-sum payment totaling $191,470,307.58. Two friends with with whom he usually plays the lottery will share in the winnings.

While New Jersey lottery players haven’t been nearly as fortunate as Stocklas, two have won $1 million in the past several weeks by hitting five numbers but not the Powerball. One bought a ticket in Verona for the April 10 drawing and one made a purchase at a rest area on the Atlantic City Expressway in Hammonton for the April 13 game.

The odds of a Powerball ticket matching five numbers and winning but not the Powerball to win that amount are about 11,688,053 to 1.

Four New Jersey lottery players won $50,000 apiece on Wednesday by matching four numbers plus the Powerball.

Powerball is played in 44 states, Washington D.C., Puerto Rico and the U.S. Virgin Islands.

Pamela Sroka-Holzmann of LehighValleyLive.com contributed to this report.

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Powerball lottery jackpot 5/7/16: Winning numbers, live results for Saturday’s jackpot drawing Gallery: 10 largest U.S. lottery jackpots The winning Powerball numbers for Saturday evening’s ]]>