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Powerball winning numbers for Wednesday, Dec. 19

Some of us have our thermostat set to happy. Some are set to depressed. How does winning the lottery swing that up or down? NorthJersey

Powerball will be a big draw again this week. (Photo: GNS)

The Powerball jackpot was an estimated $262 million. Were you Wednesday night’s big winner?

Here are the numbers for Wednesday, Dec. 19:

15 – 29 – 31 – 37 – 43 and Powerball: 16

The Megaplier was 2x.

The cash option for Wednesday’s drawing was $155.5 million, according to the Powerball website.

If you win the jackpot, get ready to do a few things. Call a lawyer to have them help them work out your finances and prepare yourself to tell a lot of people no. And unfortunately for anyone hoping to stay under the radar with their winnings is out of luck. In New Jersey, winners are required to be identified.

The Mega Millions and Powerball jackpots have been rising steadily since lottery fever gripped the nation earlier this fall.

No one won the Mega Millions jackpot Tuesday night and it has risen to $305 million for Friday night’s drawing. The cash option is $181.4 million, according to the Mega Millions website.

It’s a still a far cry from the near-record $1.5 billion Mega Millions jackpot that someone in South Carolina won in October.

The Powerball jackpot for Wednesday night's drawing was $262 million.

Powerball Numbers For 12/19/2018: $262 Million Jackpot

Here are the winning Powerball numbers for the $262 million jackpot in the Dec. 19, 2018, drawing.

By Deb Belt , Patch Staff
Dec 19, 2018 9:30 p m ET | Updated Dec 19, 2018 11:02 p m ET

Do you still need to wrap up your Christmas shopping? The player who captures Wednesday night’s $262 million Powerball jackpot could bring holiday cheer to a lot of people. The one-time cash payout for the Dec. 15 Powerball drawing is an estimated $155.5 million to the person who correctly selects all of the lottery numbers.

What time are the winning Powerball numbers drawn? Numbers are selected every Wednesday and Saturday at 10:59 p.m. Eastern time, with Powerball results typically posted within five minutes.

In most states, ticket sales stop at least an hour before the drawing, but a state may cut off sales earlier, such as Illinois, which ends sales three hours before the drawing. In Maryland and New Jersey, ticket sales end at 9:59 p.m.; in Virginia, they close at 10 p.m. Check with your state lottery for the sales cut-off time.

The winning Powerball numbers for Wednesday, Dec. 19, are: 15, 29, 31, 37, 43 and the Powerball of 16.

The largest Powerball jackpot in history was $1.586 billion, which was shared by winners in California, Florida and Tennessee in January 2016. Someone in South Carolina claimed the $1.6 billion Mega Millions jackpot on Oct. 23.

The Powerball game is played by matching all five white balls in any order and the red Powerball number. The odds of picking the correct Powerball grand prize numbers are one in 292,201,338. Powerball tickets cost $2 each, and are sold at thousands of Lottery retailers. Find out where you can buy your Powerball tickets here.

You have a better chance of hitting the jackpot if you let the computer pick your numbers, according to the Multi-State Lottery Association, which operates the Powerball game and reports that about 75 percent of winning tickets have numbers chosen by a computer.

The largest Powerball jackpots ever are as follows:

Annapolis, MD | News | 19h

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  • $1.586 billion, Jan. 13, 2016
  • $758.7 million, Aug. 23, 2017
  • $688 million, Oct. 27, 2018
  • $590.5 million, May 18, 2013
  • $587.5 million, Nov. 28, 2012
  • $564.1 million, Feb. 11, 2015
  • $559.7 million, Jan. 6, 2018
  • $487.0 million, July 30, 2016
  • $456 million, March 17, 2018
  • $448.4 million, Aug. 7, 2013
  • $447.8 million, June 10, 2017
  • $435.3 million, Feb. 22, 2017

When millions more players take part in the game at times there’s a huge jackpot, that doesn’t change your odds of winning, the lottery says. The odds of winning a prize are the same in every Powerball drawing — you have a 1 in 24.9 chance of winning a prize when the jackpot reaches $40 million or $1 billion.

Annapolis, MD | News | 19h

Butterball Turkey Talk-Line Experts May Dish Out Virus Comfort

As the coronavirus pandemic cancels big family Thanksgiving dinners, Butterball prepares to hear from first-time and, perhaps, lonely cooks.

The lottery game is played in 44 states plus the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Powerball drawings can be seen on 125 TV stations nationwide. They may also be available on cable or your mobile device. Drawing shows are also posted to Powerball.com under the video section and to YouTube.

Claiming, Safeguarding Winnings

So, what should you do if you are lucky enough to claim the Powerball jackpot? 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 counseling services or financial 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 suggest 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.

(For more news like this, find your local Patch here. If you have an iPhone, click here to get the free Patch iPhone app; download the free Patch Android app here.)

Patch file photo courtesy of Powerball

Powerball Numbers For 12/19/2018: $262 Million Jackpot – Annapolis, MD – Here are the winning Powerball numbers for the $262 million jackpot in the Dec. 19, 2018, drawing.