Joe Raedle state Florida Joe Raedle state Florida

Powerball: $416 million jackpot up for grabs Monday

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George Hollins buys a Powerball ticket at the Shell Gateway store on March 26, 2019, in Boynton Beach, Florida. (Photo by Joe Raedle/Getty Images) If you do beat the odds and win the jackpot, sign the ticket and return it to your state’s nearest lottery office.

There, you have a decision to make: cash or annuity.The cash option will give the winner a one-time lump sum payment equal to the value of the prize pool.

In Monday’s drawing, that equals an estimated $301.9 million.An annuity will give the winner 30 smaller payments over 29 years.

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