What could Roland Prestonyou buy with $1.4 billion? That's the question everyone wants the chance to answer when Powerball draws its jackpot numbers on Saturday night.
The Powerball jackpot has ballooned to $1.4 billion after no one matched all six Powerball numbers and red Powerball 1 on Wednesday night. That jackpot is the third-largest in Powerball history and fifth largest among U.S. lottery jackpots. The cash value is $643.7 million if the winner chooses a cash lump sum, before taxes. Saturday's drawing will be 34th in the jackpot run, and the first time in Powerball history that back-to-back jackpot cycles have generated billion-dollar grand prizes. The last jackpot, worth $1.08 billion, was won in California.
Even though financial advisors would never recommend blowing it all in one shot, for fun, let's look at some things we could buy if we won.
Big spender:$2.04B Powerball winner bought $25M Hollywood dream home and another in his hometown
It's fun to fantasize about what you could do with the $1.4 billion jackpot, but for good measure, we have to tell you what financial advisors would really tell you to do.
For a more detailed look at what to expect and to do if you win, read what financial and tax experts have to say here.
Tickets can be purchased in-person at gas stations, convenience stores and grocery stores. Some airport terminals may also sell lottery tickets.
You can also order tickets online through Jackpocket, the official digital lottery courier of the USA TODAY Network, in these U.S. states: Arizona, Arkansas, Colorado, Idaho, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Texas, Washington D.C. and West Virginia. The Jackpocket app allows you to pick your lottery game and numbers, place your order, see your ticket and collect your winnings all using your phone or home computer.
Jackpocket is the official digital lottery courier of the USA TODAY Network. Gannett may earn revenue for audience referrals to Jackpocket services. Must be 18+, 21+ in AZ and 19+ in NE. Not affiliated with any State Lottery. Gambling Problem? Call 1-877-8-HOPE-NY or text HOPENY (467369) (NY); 1-800-327-5050 (MA); 1-877-MYLIMIT (OR); 1-800-GAMBLER (all others). Visit jackpocket.com/tos for full terms and conditions.
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