​$217 Million Jackpot Is Highest Powerball Payout

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February 16, 2013
Also: $217 Million, $217 Million Jackpot, Jackpot, Lottery, Powerball

The $217 million multi-state jackpot has become one of the highest Powerball payouts in state history. Dave and Nancy Honeywell are giving up their jobs after winning the lottery.

The winning numbers picked for the Feb. 6 lottery were 5, 27, 36, 38, 41, and the red Powerball number was 12.

Both Dave and Nancy, who work for the Department of Defense, plan to continue working, but Dave is toying with the idea of buying a new car.

Dave purchased the lucrative slip of paper at the Richmond International Airport before he left for a business trip.

“On February 14, the Honeywells returned to the spot where the winning ticket was bought to receive their check from Virginia Lottery Executive Director Paula Otto. They had a choice of taking the full jackpot in 30 annual payments or a one-time cash option of $136.4 million before taxes. They chose the cash option,” the Virginia Lottery website said.

The odds of winning the Powerball jackpot are 1 in 175 million. A person has a better chance of becoming an astronaut (odds: 12,100,000 to 1) or dating a supermodel (odds: 88,000 to 1).

A previous lottery in Connecticut awarded three co-workers $254 million. The three men worked at Belpointe Asset Management are winners of the $254 million Connecticut Lottery.

“These numbers are huge. This is going to benefit many people,” Jason Kurland, the group’s attorney said.

The men had chosen a one-time cash option of $103.6 million before taxes because a significant amount will go to charity.