![]() State taxes will vary as some states don't tax lottery winnings at all and others tax the money at different rates. State lotteries will immediately deduct 24% of jackpot winnings for federal taxes, and additional federal taxes may be required when filing federal tax returns. If a winner dies before collecting all their money, the remainder would go to the winner's estate. Players also can choose an annuity, in which that $551.7 billion would be paid to a company that would guarantee a return over 30 years of $1.2 billion. That's why the cash prize - which most winners take - would be $551.7 billion. However, even though the current jackpot is advertised as $1.2 billion, the lottery has less than half that amount available for the top prize. The jackpot is based on revenue from ticket sales, so the more people who play the game, the faster the top prize grows. We do our best to post the results as accurately as possible, but the National Lottery is the only source you can use to 100% verify the results.Jury awards $148 million in damages to Georgia election workers over Rudy Giuliani's 2020 vote lies HOW IS THE JACKPOT DETERMINED? You must always confirm the official winning numbers on the National Lottery website. Saturday: Daily Lotto + Lotto, Lotto Plus 1 and Lotto Plus 2įor more details and to verify the winning numbers, visit the National Lottery website. Wednesday: Daily Lotto + Lotto, Lotto Plus 1 and Lotto Plus 2įriday: Daily Lotto + PowerBall and PowerBall Plus Tuesday: Daily Lotto + PowerBall and PowerBall Plus If you are buying tickets from a lottery outlet, they close at 20:30 on the day of a draw ELIGIBILITY At the same time, winnings are paid tax-free directly into the winner’s accounts. Winners who win R50 000 and above receive free trauma counselling from professional psychologists and financial advice from accredited financial advisors absolutely free. HOW TO BUY TICKETSīuy your tickets now at your nearest participating retailer, on our website by visiting national .za using your computer or mobile site, via the National Lottery Mobile App, or participating banks, namely FNB, ABSA, Nedbank, Standard Bank, Capitec, TymeBank and African Bank otherwise dial 1207529# for USSD. It was introduced on 28 November 2015 by the National Lottery of South Africa. Odds are the same, while prizes are usually slightly lower. When buying a PowerBall ticket, players can pay an extra R2.50 per board to enter the PowerBall Plus draw. PowerBall Plus is exactly the same as PowerBall, but gives players a second chance to win. The record prize for any lottery game in South Africa came in the PowerBall when one winner scooped an incredible R232 131 750.69 in the draw held on 19 February 2019. The PowerBall jackpot draw requires players to pick five main numbers from 1 to 50 and one ‘PowerBall’ number from 1 to 20 for an entry fee of R5.00 per board. The PowerBall and PowerBall Plus draws take place every Tuesday and Friday at 20:58 (SA time).ĪLSO READ: LIVE UPDATES: Daily Lotto and Powerball results POWERBALL PowerBall Plus: 06, 15, 31, 41, 43 PowerBall: 08Ĭheck out previous South African PowerBall results here WHEN DO THE DRAWS TAKE PLACE? The numbers drawn will appear below as soon as they are available. The South African website brings you the Powerball results as soon as they happen.
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