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Dream On: How Would You Spend $580 Million Powerball Jackpot?

The Associated Press is reporting that two winning Powerball tickets were sold for last night's drawing.

No one has stepped forward yet, but the Associated Press is reporting that two winning tickets were sold for last night's Powerball lottery. The AP says the winning Powerball tickets came from Missouri and Arizona.

The winning numbers are 5, 16, 22, 23, 29 with the Powerball number of 6, according to the Powerball website. 

Missouri Lottery officials say the winning ticket came from the Kansas City area. An exact store location will be released later today, according to spokeswoman Susan Goedde.

“It is so exciting to sell one of these Powerball tickets,” said May Scheve Reardon, executive director of the Missouri Lottery, in a press release. “In addition, we sold two tickets that matched all five white balls, which means they each win $1 million. Three millionaires in one night is a wonderful night!”

Reardon noted in the release that Missouri has had the second most Powerball jackpot winners, behind Indiana. “With last night’s jackpot winner, we are up to 27,” said Reardon.

The Powerball lottery drawing took place Wednesday night at 9:59 p.m. Central timeA live drawing was available on hundreds of TV stations and on YouTube.

Each Powerball ticket cost $2. Players chose five numbers plus a sixth Powerball number. Players matching all six numbers can select an annuitized amount paid out over 29 years or a lump sum payment. For complete details, visit the Powerball website.

In an article on the St. Louis Post-Dispatch, one St. Louis-area man is quoted as saying, “I’ve lost a lot of money on it. I could just throw it down the toilet, but I can dream just like the rest of them.”

Since the last drawing on Nov. 24, the Powerball jackpot has grown by over $100 million to a record $580 million. The estimated cash payout is $379.8 million. The last set of winning numbers was drawn on Oct. 16.

Did you buy a ticket? What would you do with $550 million? Let us know in the comments.

Doug Miner November 29, 2012 at 07:44 PM
I like the idea of handing out $1 million checks to friends. That's fraught with all kinds of danger, but it would be really fun.
PaulRevere November 29, 2012 at 08:27 PM
I would contribute it all to the Mehlville Public school system. That's when I might get a tax rate reduction. Let's see!? h-mmm!!! $500mil less $499.9mil for Teacher Raises = exactly 1 year No real estate taxes. Oh well, At least I created "JOBS" 700+teacher Multi-millionaires paying their fair share of 30% tax rates, all winding up in Obama's hands to give grants back to Public schools. (Although much less than the original $499.9mil) Just think how many "poor" people actually gave that $500mil to me as they were forced to pay $2 for nothing. Is there anyone who would give that money BACK to the "Poor"? Let's see who actually won it.
Ms Anne Thrope December 01, 2012 at 05:11 PM
I really liked Eric Bolling's idea to buy a thousand acre ranch for dogs (and cats) who are to be euthanized and hire a couple hundred people to look after them.

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