Powerball Winning Numbers for July 6, 2016: Watch Live Stream of $257 Million Jackpot – Drawing Time and Results
UPDATE - July 6, 2016 - 11:00 p.m. ET - Winning numbers for Wednesday night are 2, 24, 31, 57, 66, and the powerball is 18. Powerplay is 3x.
The Powerball jackpot remained untouched last Saturday, July 2, 2016, so the current estimated jackpot has climbed to $257 million, with a cash value of $179.7 million for this Wednesday's drawing.
Winning Numbers for July 2, 2016.
According to the Powerball website, the winning combination for the previous draw was 10-34-39-59-63, Powerball 4 and Powerplay 2x.
Two players won the Match 5 Powerplay option, one from Colorado and one from Indiana. Each winner gets to bring home $2 million. Another player, who hails from Minnesota, won the Match 5, getting $1 million.
Across the United States, there are a total of 1,029,325 winners for the July 2 draw. The total amount of non-jackpot prizes won is $11,797,499.
Similarly, the Mega Millions draw has now reached $508 million, a jackpot that is about to enter record-breaking numbers if no winners appear anytime soon. The total jackpot prize for both Powerplay and Mega Millions now stand at a whopping $765 million.
How the game is played
Powerball draws occur every Wednesday and Saturday at exactly 10.59 P.M. During the draw, five white balls are taken from a group of 69 balls in a drum, while one red ball is taken from 26 in a drum.
This draw is a relatively new rule-changed; happened last October. The change was accompanied by a bigger jackpot prize. Players win the jackpot if all the white ball numbers match in any order plus the red ball match.
The second highest prize, known as the Match 5+0, is $1 million; given to a player who can get all five white balls in any order. There are other, smaller prizes as well. The probability of getting a prize while playing Powerball is 1 in 25.
Tickets are worth $2 each. Ticket sales stop 59 minutes, or earlier (depending on the state) from the day's draw.
Power Play Option
For an additional $1 on top of the $2 ticket, you can increase the original amount of the prizes, excluding the jackpot. For the Match 5+0, a winner that opted for Power Play will get $2 million instead of $1 million. For smaller prizes, Powerball representatives will draw a multiplier – 2x, 3x, 4x, or 5x.
Payment Options
A Powerball jackpot winner can choose between annuity or one-time pay option. For annuity, the winner will receive an immediate payment, which is then followed by annual payments for the next 29 years. Each payment is 5% bigger than the next; made possible through Powerball investments on the remaining winnings.