$1.5 Billion Powerball helps break more than one record

TRI-CITIES, TN/VA (WJHL)- Many people are probably interested in finding out Wednesday night’s six Powerball numbers and for good reason. The Powerball lottery for tonight’s drawing has grown to $1.5 billion, but tonight’s win may not necessarily be the end to all your worries.

Since November, the Powerball jackpot has been steadily growing as no winning ticket has been chosen, but some folks think that’s all going to change tonight.1.5 bil

Sandy Hauswirth said, “This is the winning ticket … So, you might as well not buy anymore because I’ve got it right here.”

While your chances of winning are pretty slim … the chances of having a big winner tonight are seemingly greater, according to the Tennessee Lottery Association.

TLA President, Rebecca Hargrove, said, “Chances of having a winner, based on the amount of combinations that will be played, should be close to 97 to 98% … so, you would think that there would be a winner tonight.”

Hauswirth said she likes her odds. “Somebody has got to win it and I’m going to win some of it. It only takes one line,” she said.

Hargrove said, “I don’t think there’s ever been a drawing that’s had every lottery 2single number combination played but there’s also never been a drawing that was a billion and a half dollars before.” “Sales are going pretty crazy all across the country,” she said.

Some folks, like Hauswirth, already have plans for how they’d spend their new wealth. “I have a lot of family members that need help and they wouldn’t have to worry about anything for the rest of their lives,” she said.

Hargrove advises that the winner choose wisely. “If I won, I’d want to seek financial advice from someone I knew before I won as to what would be the best for my tax situation,” she said.

Russell W. Ingram is a financial advisor at Ingram Financial Services and said, “I wouldn’t suggest doing it alone.”

Ingram said that in addition to deciding if you want the lump sum of the jackpot or to be paid over thirty years … you’re also going to have a few other things to worry about.lottery

Ingram said, “Everybody is going to be coming in from the woodwork trying to get you to invest, saying ‘hey I’ve got this great idea, I’ve got this business.’ You’re going to have friends and family, everybody that’s going to want to be a part of your world.” Ultimately, it’s going to be up to you to decide what’s best for you,” he said.

Ingram said, “Talking to a good attorney and an accountant would help you so much.”

Last week the Tennessee lottery set a new weekly sales record of over $60 million in ticket sales.

The highest winning ticket in northeast Tennessee has been $1 million, with the most recent million dollar tickets being sold in Washington County back in 2014.

Copyright 2015 WJHL. All rights reserved.

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