KEY POINTS
  • The $750 million Powerball jackpot marks the third-largest prize in the game's history and the fourth-largest lottery jackpot ever.
  • While roughly half the size of the $1.537 billion Mega Millions jackpot that was won this week, the winner's take still would be a massive amount: $232.2 million after assuming a federal tax rate of 37 percent and a top state tax rate of 8.82 percent.
  • If the winner cannot remain anonymous when claiming their prize, there are still some things they can do to try protecting their privacy.

It's starting to look like deja vu all over again.

On the heels of the Mega Millions jackpot climbing for three months to $1.537 billion before someone nabbed the prize this week, Powerball's haul has surged to $750 million following no jackpot winners in Wednesday night's drawing. It marks the 21st straight drawing with no one picking all six winning numbers.