Record-Breaking3-Way Split

$1.586 Billion Powerball Jackpot

January 13, 2016 — California, Florida, Tennessee

This record-shattering Powerball jackpot was split three ways between tickets purchased in Chino Hills, California; Munford, Tennessee; and Melbourne Beach, Florida. John and Lisa Robinson of Munford appeared on the Today show the morning after the drawing. Maureen Smith of Melbourne Beach said she had been playing the same numbers for years. Marvin and Mae Acosta of Chino Hills waited six months before claiming their share. Each ticket was worth approximately $528.8 million before the lump-sum reduction.

What Happened Next

Payout choice: The winner chose the lump sum cash option of $983.5 Million (combined), which after federal taxes (37% top bracket) and applicable state taxes results in a significantly reduced — but still life-changing — take-home amount.

Source: https://www.powerball.com/news

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