Powerball Jackpot Hits $1 Billion | Panama City Beach News

Powerball just hit a jaw-dropping $1 billion jackpot—the eighth-largest in history—after no one won the previous drawing. The cash option? Around $422 million, but after taxes, your take-home could range from $500M to $600M depending on your state. Split winnings? Your share halves. Experts urge winners to stay quiet and surround themselves with legal and financial pros. Next draw is Wednesday night—small prizes are still possible even if you miss the big one. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e14ea0301fa0a5b8