Half-Million Dollar Bay Area Powerball Ticket Sold

BAY AREA — A Powerball ticket purchased in the Bay Area matched the first 5 numbers but missed the Powerball in Wednesday's drawing. The ticket is worth $561,233.

It was purchased at a 7-Eleven store on South White Road in San Jose.

The winning numbers are:

• 13
• 22
• 29
• 43
• 58
• 22 (Powerball)

No one won the jackpot in the multi-state drawing, so it rises to an estimated $54 million for Saturday's drawing.

Friday's Mega Millions jackpot is $281 million.

Saturday SuperLotto Plus is $36 million.

If you win, the federal government takes a 24 percent cut of any prize worth $5,000 or more. Most jackpot winners take the lump sum.

If the jackpot were paid out in an annuity spread over decades, the IRS would claim 24 percent before the payments went out.

In either case, whether a cash payout or annuity, a jackpot winner would jump into the highest income tax bracket, and would pay the top federal rate of 37 percent.

California is one of just eight states that do not tax lottery winnings. The others are Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming.