That means nearly 80% of the possible combinations were not selected, so the odds were pretty good that there wouldn't be a winner. To put the immensity of that into context, note that for Monday's drawing players across the country chose just over 20% of those possible combinations. Those odds mean there are 292.2 million possible number combinations. The game's odds remain 1 in 292.2 million regardless of how big the jackpot is and the number of people buying tickets. DO POWERBALL ODDS CHANGE BASED ON THE NUMBER OF PLAYERS? Players who buy winning grand prize tickets in a state different from where they live will pay taxes based on where they bought the ticket. 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. Find out who the last Powerball winner was as soon as they come forward.Jamie Foxx sued over alleged sexual assault at NYC rooftop bar in 2015 HOW IS THE JACKPOT DETERMINED? See how much each win was worth and whether the lucky players took the cash option or the annuity. Use it to find out who has won the top prize, plus when and where the jackpots have been given away.

The table below shows all the Powerball jackpots to have been won since 2003. One was from a ticket purchased in Georgia, another from Indiana and a $16 million jackpot prize that went unclaimed in Florida. Three jackpots have gone unclaimed since the beginning of the game.

List of Powerball winners by State State:

Current jackpot for powerball