Winning Powerball Numbers for Saturday, July 30, 2016

One ticket matched the winning Powerball numbers Saturday, according to lottery officials. The winning ticket was sold in New Hampshire.

The Powerball numbers on Saturday, July 30, were worth an estimated $478 million. The cash payout would mint an instant millionaire with $330.6 million in winnings.

There isn't just one new millionaire this morning. A $2 million ticket was sold in Pennsylvania, and there were $1 million tickets sold in 10 states.

Saturday's prize stacks up at No. 8 in the jackpot rankings, and the fifth largest Powerball drawing.

The winning numbers for Saturday, July 30, 2016 are:

• 11-17-21-23-32 and the Powerball is 5.

That's still far from January's record Powerball jackpot, which was worth nearly $1.6 billion. But it's enough to make Americans run to the nearest convenience store with dreams of cash.

The billion-dollar-plus prize won in the Jan. 13 drawing was the largest lotto jackpot awarded in U.S. history and was split by three winners.

More on Patch:

• Lottery Scams Increase as Jackpots Climb
• NH Lottery Outlet Sells Winning Powerball Ticket

When a highly unlikely windfall comes your way, there are tons of investment options: real estate, cars, business. A really bad investment? Meth. A Georgia man who won $3 million with a scratch-off lottery ticket pleaded guilty last week to using his winnings to buy and sell meth.

The Powerball game is played by matching all five white balls in any order and the red Powerball number.
Powerball drawings are held every Wednesday and Saturday at 10:59 p.m. Eastern time. Each ticket costs $2.

Find out where you can buy your Powerball tickets.

The odds of picking the correct Powerball grand prize numbers are one in 292,201,338.

If you still want to take a chance — someone has to win, right? — you have a better chance of hitting the jackpot if you let the computer pick your numbers. The Multi-State Lottery Association, which operates the Powerball game, says about 75 percent of winning tickets are selected when the numbers are chosen by a computer.

Powerball is played in 44 states plus the District of Columbia, Puerto Rico and the U.S. Virgin Islands.

Powerball draws can be seen on hundreds of TV stations nation-wide. It may also be available on cable or your mobile device. The draws are also posted on YouTube and on our site.

Where to watch the Powerball drawing on TV.

Claiming, Safeguarding Winnings

So, what should you do if you win the big prize?

Many lottery winners hire an attorney, financial planner or both, since most people don’t exactly know what to do when they suddenly come into so much money.

Some even bring their lawyer with them to claim their prize. The lottery does not offer any counseling services or advice for winners.

You have two choices when you claim your prize: the full value paid in 30 installments over 29 years, or a one-time lump sum that is smaller than the actual total.

Then there are the taxes. The federal tax on lottery winnings is 25 percent. Then, any extra income taxes like state or city would apply.

Financial experts say that if you can get more than a 3 or 4 percent return on an investment, the lump sum is actually the best way to go in the long-term.