Two winning tickets share record $588 million Powerball draw
Posted : Tuesday, 27 November 2012 02:29PM
PHOENIX (Reuters) - Winning tickets bought in Arizona and Missouri matched numbers drawn for a record Powerball lottery jackpot of $588 million, the Multi-State Lottery Association said.
Holders of the two winning tickets in the Wednesday night draw will share an estimated $385 million after tax if they opt to take it as a lump sum. Alternatively, the $588 million can be paid out as an annuity over three decades, the association said.
(Reporting by Tim Gaynor; Editing by Eric Walsh)
(c) Copyright Thomson Reuters 2012. Check for restrictions at: http://about.reuters.com/fulllegal.asp