Feeling lucky? Check the winning Powerball numbers for May 7 below and find out if you won Saturday night’s $415 million jackpot. The odds are slim that you will win the jackpot (1 in 292 million) but if your ticket is the big winner, you’ll be smiling all the way to the bank.
Scroll down to see tonight’s winning numbers. Match all five white balls and the red Powerball and you will become the lottery’s newest multi-millionaire.
With no winner since early March, many lottery players are wondering if we’re headed to another billion dollar jackpot like the one that created a frenzy in January. If there is no winner tonight, the jackpot will increase to at least $475 million for the next drawing on Wednesday, May 11.
The winning Powerball numbers for May 7 are: 5-25-26-44-66 PB 9 Power Play 2
Wondering how much you will take home if you win tonight’s $415 million Powerball jackpot? According to USA Mega, 25 percent of your lottery winnings will be immediately deducted for federal taxes. If you live in a state that taxes lottery winnings, expect a percentage to go to your state as well.
Winners who choose a one-time lump sump payment will get the cash value of the Powerball jackpot (currently $269.7 million). Taxes will be deducted from that amount in addition to any monies you owe the IRS for back taxes.
Prefer to get your payments over time? A 30-year annuity option is available and the total amount would be based on the full $415 million jackpot. Winners would get 30 annual payments of approximately $13,833,333 million each before taxes.
Powerball drawings take place at 10:59 p.m. ET every Wednesday and Saturday night. Find the results from tonight’s drawing below or download the official LotteryHub app and watch the drawings live on your iPhone, iPad, or Android devices.