POWERBALL players have been urged to double check their tickets as one slip is worth $150,000.
The anonymous player in North Carolina struck gold as they came up trumps on the popular game of chance.
They bought their ticket at a Country Store in Hurdle Mills – located around 50 miles from the state capital Raleigh, per WNCN-TV.
The player matched four numbers and the Powerball, which would have normally seen them take home $50,000.
But, because they spent an extra dollar on the Power Play, their prize tripled.
The odds of matching four numbers and the Powerball are one in around 913,000, according to the lottery.
The gambler was only one number away from taking home the jackpot.
It now stands at an estimated $89 million after no player won the pot on Wednesday night.
The next Powerball draw takes place on February 1 and is an estimated $89 million.
It has a cash value of $39.6 million.
The $150,000 win was not the only Powerball success in North Carolina on Wednesday.
Another player won a $50,000 sum.
But, unlike the gambler who won $150,000, they did not spend an extra dollar on the Power Play.
Lotto chiefs revealed that the ticket was bought at a Smoker Friendly outlet in Sanford.
Players in North Carolina have 180 days from the date of the draw to claim their prizes.
Powerball is just one of the lottery games that Americans can play.
Lottery winnings: lump sum or annuity?
Players who win big on lottery tickets typically have a choice to make: lump sum or annuity?
The two payout methods can impact how much money you get from your prize.
Annuities pay out slowly in increments, often over 30 years.
Lump sums pay all at once but in a smaller amount, as taxes are withheld in one go. That means 24% of your prize goes to Uncle Sam right away. Many states tax winnings as well.
Annuities can provide winners time to set up the financial infrastructure required to take in a life-changing amount of money, but lump sums have the benefit of being taxed only once.
Inflation is also worth considering when making a choice, as payouts do not adjust with the value of a dollar. That means that you’ll likely be getting less valuable money towards the end of an annuity.
Each state and game pays out prizes differently, so it’s best to check with your state’s lottery to confirm payment policies. A financial advisor can also help you weigh the pros and cons of each option.
Experts have varying opinions on whether to take the lump sum or take the annuity.
Gamblers can also test their luck on Mega Millions, a game that has existed for almost 30 years.
It costs just $2 to buy a ticket, but the price of a slip will increase in the coming months.
From April, a ticket will cost $5.
The price hike is just one of the changes set to affect players.
Break even prizes will be axed and there will be larger prize pots, Mega Millions chiefs revealed.
Players will also have the chance to win bigger prize pots more frequently.
Mega Millions changes
Mega Millions is making eight crucial changes to its lottery game starting in April 2025. Each is listed below:
Bigger jackpots occurring more frequently Odds improved for jackpot wins Larger jackpot starting points Jackpots grow faster than before Tickets include a built-in multiplier that automatically adds 2X, 3X, 4X, 5X, or even 10X for wins Matching all five white balls now results in up to a $10 million win Wins are always more than the cost of the ticket The cost of a ticket is increasing to $5 GettyPowerball tickets cost just $2 but players have the option to try and multiply their winnings[/caption]Remember to gamble responsiblyA responsible gambler is someone who:
Establishes time and monetary limits before playing Only gambles with money they can afford to lose Never chase their losses Doesn’t gamble if they’re upset, angry, or depressedIf you or someone you know is struggling with gambling addiction, call the National Gambling Helpline at 1-800-522-4700 or visit the National Council on Problem Gambling online.
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