Latest news with #R68
The South African
27-05-2025
- Business
- The South African
PowerBall jackpot winner used Absa banking app to win R68 million
ITHUBA, operators of the National Lottery in South Africa, have announce that one participant has won the PowerBall jackpot of over R68 million. The winning ticket was purchased through the Absa banking app for Draw 1617 on Friday, 23 May 2025, with a R45 wager using the Quick Pick selection method. The winner is expected – hopefully – to contact ITHUBA to commence the claiming process any time now, as winners who play via banking platforms are notified of their winnings by the bank. The winning numbers were 1, 17, 18, 27, 49 and the Powerball itself was 15. The exact amount won was R68 123 103. ITHUBA CEO, Charmaine Mabuza, said: 'R68 million is a significant amount of money, truly life changing. The winner will be supported at every step, with complimentary trauma counselling and expert financial advice offered to them to help them navigate their new reality successfully. 'To help winner's enjoy lasting benefits from their winnings, ITHUBA offers access to certified financial experts who provide valuable financial insights for winners of R50 000 and above.' Mabuza added, 'Our objective is to empower winners to make informed decisions and secure their financial future, ultimately changing their lives forever through their winnings.' All winners have 365 days from the draw date to claim their winnings, and all National Lottery winnings are tax-free. Participants can check their tickets at retail stores or online through the National Lottery website or social media pages as there are more winners in other divisions. Players must be 18 years or older. Play responsibly. Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1 Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
The Citizen
27-05-2025
- Business
- The Citizen
PowerBall Offers R14 Million in Jackpot Tonight
The last PowerBall winner walked away with R68 million. The National Lottery aims to create new millionaires through the PowerBall and PowerBall Plus draws tonight. Tonight's total value of the estimated jackpot sits at an enticing R14 million. The draw takes place just after 9 pm. PowerBall and PowerBall Plus estimated jackpots: PowerBall: R5 million PowerBall Plus: R9 million The last draw made one lucky player R68 million richer. This PowerBall player, who has not claimed their prize, placed their lucky bet via the ABSA banking app. Players have 365 days to claim their prizes before tickets are deemed expired. Be sure to check your last ticket in case you won big. ALSO READ: Have you checked your PowerBall ticket? R68 million has been won How to play PowerBall? To play Powerball, a player chooses five numbers between 1 and 50, followed by a PowerBall number between 1 and 20. The system also provides a quick pick selection method where it randomly chooses all the numbers on your behalf, making PowerBall playing more convenient. Tickets are available on selected banking apps; terms and conditions apply. PowerBall tickets are available until 8.30pm on draw days. Tickets can also be bought on Monday, Wednesday, Thursday, Saturday and Sunday from 6am to 11.30pm. The national lottery also gives you a chance to win money every day from the daily lotto. The draw takes place every evening just after 9.30pm. Tickets for the Daily Lotto can be purchased every day until 8.30pm. How to play Daily Lotto in SA? If you are buying a ticket in-store: Pick up a betslip in any lottery store. Choose five numbers between 1 and 36, or select a Quick Pick. Entries cost R3 each. You can play a max of R150, but you are allowed to play multiple boards. Select how many consecutive draws you wish to enter, up to a maximum of 10. Leave blank for a single draw. Take your betslip to the teller to pay for your ticket. Write your details on the back of your ticket in case you need to claim a prize. If you do not sign your ticket and it is lost, anyone can use it to claim the prize. READ MORE: Daily Lotto results: Monday, 26 May 2025 If you are playing online: Set up a lottery account here and make a deposit to pay for tickets. Choose five numbers from 1 to 36 or select 'Quick Pick' to generate a random set. Repeat this on as many boards as you want to play. Decide whether to enter a single draw or multiple draws. Confirm and pay for your entry. What happens after winning? Winners receive an SMS from their respective banks with a reference number and further instructions on the documents they should bring when visiting Ithuba . When a player wins less than R250 000, they get their money directly deposited into their bank account if they had used a banking app to play. For the winners who win more than R250 000, they get referred to the lottery operator, Ithuba, for a payout. Free financial and trauma counselling is given to all winners who win above R50 000, tax-free. Players must be 18 years old.
IOL News
26-05-2025
- Business
- IOL News
Life-changing R68 million PowerBall win: what the winner can expect
The winning ticket was purchased through a banking app for Draw 1617 on Friday, May 23, with a R45 wager using the Quick Pick selection method. Charmaine Mabuza, the CEO of Ituba, the operator of the National Lottery, said: "R68 million is a significant amount of money, truly life changing. The winner will be supported at every step with complimentary trauma counselling and expert financial advice to help them navigate their new reality successfully. "To help winner's enjoy lasting benefits from their winnings, Ithuba offers access to certified financial experts, who provide valuable financial insights for winners of R50 000 and objective is to empower winners to make informed decisions and secure their financial future, ultimately changing their lives forever through their winnings."
The Citizen
26-05-2025
- Business
- The Citizen
PowerBall Player Wins R68 Million Jackpot
Could you be the millionaire we're waiting for? One lucky player became an instant millionaire on Friday night after winning a whopping R68 million from the PowerBall draw. The lucky player struck gold after matching five numbers and a powerball. The National Lottery operator is yet to release more information on this life-changing win when the winner comes forward. If you placed a bet for the PowerBall draw from Friday, be sure to check your ticket because you might be the winner. Ithuba is also on the search for a PowerBall Plus jackpot winner to won R2.2 million on 12 November 2024. The winning ticket was purchased in Mayfield Square in Johannesburg and has yet to be claimed. It expires on 12 November 2025. In case you missed it, here are Friday's winning numbers: PowerBall: 01, 17, 18, 27, 49. Bonus ball: 15 PowerBall Plus: 14, 17, 33, 43, 46. Bonus ball: 02 ALSO READ: PowerBall and PowerBall Plus results: Friday, 23 May 2025 While great care has been taken to ensure the accuracy of the results mentioned above, The Citizen does not take responsibility for any errors in the results. Players are advised to verify the numbers on the National Lottery website. What happens after winning? Winners receive an SMS from their respective banks with a reference number and further instructions on the documents they should bring when visiting Ithuba. When a player wins less than R250 000, they get their money directly deposited into their bank account if they had used a banking app to play. Winners who win more than R250 000 are referred to the lottery operator, Ithuba, for a payout. Free financial and trauma counselling is given to all winners who win above R50 000, tax-free. Players must be 18 years or older to participate. How to play PowerBall? To play Powerball, a player chooses five numbers between 1 and 50 followed by a PowerBall number between 1 and 20 prior to the draw. The system also provides a quick pick selection method where it randomly chooses all the numbers on your behalf. PowerBall tickets are also available on selected banking apps. Terms and conditions apply. Tickets are available for purchase until 8.30pm on draw days (Tuesday and Friday). Tickets can also be bought on Monday, Wednesday, Thursday, Saturday and Sunday from 6am to 11.30pm. The national lottery also gives you a chance to win money every day from the daily lotto. The draw takes place every evening just after 9.30pm. Tickets for the Daily Lotto can be bought every day until 8.30pm.
The Citizen
22-05-2025
- Business
- The Citizen
‘We pay too much': Public funds wasted on inflated government costs, says Zibi
The Scopa chair called for stricter financial discipline, and proposed benchmarks to curb excessive spending. Rise Mzansi leader Songezo Zibi has criticised the government for wasting public funds by overpaying for goods and services, and failing to hold officials accountable for wasteful spending. His comments came during a media briefing by parliament's finance cluster on Thursday, a day after South Africa's third national budget was tabled. The latest fiscal plan outlined R68 billion in spending cuts over the next three years. The reductions aim to address revenue losses caused by the government's decision not to increase the value-added tax (VAT) rate. 'Pro-poor' budget During Thursday's briefing, Joe Maswanganyi, chairperson of the Standing Committee on Finance, described the 2025/2026 budget as 'pro-poor'. 'The budget, we believe, will bring inclusive growth even under constrained conditions,' he said. 'The budget contains hard choices, but it protects the vulnerable and positions our economy for stability and reforms.' ALSO READ: Pressure on Sars to prevent tax increases in 2026 Maswanganyi also praised the R7.5 billion allocated to the South African Revenue Service (Sars), aimed at boosting revenue collection. 'This reinforces fairness in our tax system, ensuring that all citizens and companies, especially the wealthy, pay what they owe.' However, he raised a red flag over the country's debt costs, pointing out that South Africa spends R1.2 billion per day on servicing debt. 'That needs to be addressed.' Watch the briefing below: Budget should prioritise solving real problems Zibi, the chairperson of the Standing Committee on Public Accounts (Scopa), spoke of the positive elements in the budget process, especially the growing engagement of South Africans. 'Taxpayers finally said, 'No more money. We make do with what we already give you'. 'This is a very good thing because people can now appreciate that the government, and that means taxpayers themselves, do not have limitless resources. READ MORE: Sensible or underwhelming? Economists react to Godongwana's Budget 3.0 'Money does not fall from trees. So you cannot commit to do everything, pay for everything, and not have problems thereafter.' He argued that the controversy over VAT had detracted from the real purpose of a national budget, which is setting expenditure priorities. 'Budgets are meant to solve problems. The debate around budgets is supposed to be about the order of those priorities and whether these allocations are sufficient or to be spent in an efficient manner.' Government wasting money Zibi highlighted flaws in how the government allocates and manages expenditure, pointing out that over R820 billion is spent on salaries, R440 billion on social grants, and R424 billion on debt servicing. The Rise Mzansi leader criticised government inefficiency and overspending, particularly in the procurement of goods and services. 'We pay too much because some of them are poorly conceived, poorly planned, poorly managed and often there is corruption.' READ MORE: Budget 3.0: not austerity budget, but a redistributive budget He called for expenditure reviews to ensure that 'every rent goes as far as possible' and also questioned whether the government remains fit for purpose. 'Do we have the right number of civil servants doing the kind of work that needs to be done? Or are we trying to fit a square into a circle?' Zibi called for stricter financial discipline and proposed the introduction of benchmarks to curb excessive spending. 'We need to set benchmarks where the government does not spend more than 100% of planned project spend, and staff are incentivised for projects that are completed on time and within budget. 'We cannot have civil and construction projects lasting double or triple the time, at double or triple the cost that was initially planned. That is not value for money.' Budget expenditure review Zibi further recommended 'centralising' project management to improve oversight and reduce inefficiencies. 'Consulting engineers, we've learned, are a massive weakness, failing to ensure that the work is of the right quality, payments are only made when the work is done, and when those payments are made, they're in line with what we should be paying. 'Fighting corruption is a priority to the minister reaffirmed yesterday.' Zibi added that both National Treasury and the Government Technical Advisory Centre (GTAC) have done work in recent years to better understand public expenditure patterns. He revealed that he has invited Finance Minister Enoch Godongwana for further engagements on the matter. 'We will look at exploring a joint sitting between the finance committees where he will lay out for two days, the areas where the government since 2013-2014 has been spending money, where that expenditure has been efficient, whether that expenditure has not been efficient, and what some of the critical interventions that can be made are.' NOW READ: Godongwana cuts zero-rated food basket in Budget 3.0
