NOW: Powerball jackpot estimated $301M

Posted at 6:50 PM, Sep 30, 2015
and last updated 2015-09-30 21:50:10-04

The Powerball jackpot has climbed to $301 million, making Wednesday night's drawing the highest it has been in seven months.

Lottery officials report that since the jackpot run began in August, over 163,000 Arizona winners have received cash prizes. 

According to Mega Millions, in Arizona, a single winner of the Powerball jackpot (electing the cash option) will receive $133,980,000 after taxes. This reflects a 25 percent federal tax and a 5 percent state tax on the $191M cash option. You will pay about $57 million in taxes.

The last drawing had eight lucky tickets to win the $1 million Match 5 prize. These eight were sold in Florida, Massachusetts, Missouri, New Jersey, New York, Oklahoma and Virginia. 

More detailed winning information can be found on the Powerball website