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What are the winning Powerball numbers for May 21? Saturday night’s jackpot is now up to $70 million with a cash payout of $46.6 million coming your way if your ticket matches all five white balls and the red Powerball number.
Scroll down to see if your ticket is tonight’s big winner. If no one beats the 1 in 292 million odds, the jackpot will rise to at least $85 million for the next drawing on Wednesday, May 25.
The winning numbers will be posted below immediately after the 11 p.m. ET drawing.
Winning Powerball Numbers May 21: (PENDING)
Want to watch the live drawing on your mobile phone? Download the free LotteryHub app and watch both the Powerball and Mega Millions drawings live on your iPhone or Android device.
How much will you take home if you win the $70 million jackpot on Saturday night? The lump-sum payout is $46.6 million, but Uncle Sam will take his share before you can start spending (or saving) your windfall.
According to USA Mega, approximately 25 percent of the prize will be withheld for federal taxes, leaving the jackpot winner with $34,950,000. State taxes will also be deducted from the prize amount unless you live in one of the following states: California, Delaware, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming..
Don’t need your millions right away? The lottery offers a 30-year annuity that is based on the full jackpot amount — $70 million. The yearly payment using the annuity option would be approximately $2,333,333 before taxes.
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