Ohio is one of 44 states, as well as the District of Columbia, U.S. Virgin Islands and Puerto Rico, that participate in Powerball.
Alaska, Hawaii, Alabama, Mississippi, Utah and Nevada do not participate.
3. The drawing
The Powerball drawing is held on Wednesdays and Saturdays at 10:59 p.m. in a lottery studio in Tallahassee, Fla.
4. Find a good accountant
Federal taxes will take 25 percent of the winnings, according to lottery officials. During tax season, another 14.6 percent will be deducted. This makes a grand total of 39.6 percent — the amount the IRS taxes the top income bracket.
The state will grab another 4 percent, while local taxes will also apply.
California and Texas don’t assess state taxes on lottery prizes, so winners in those states would hold on to more money.
5. Biggest jackpot ever?
A $1.6 billion Powerball jackpot was claimed by three winning tickets after the drawing on Jan. 13, 2016. It was the biggest in the Powerball jackpot’s history.