The Powerball Jackpot Soars
Following a recent $1.13 billion Mega Millions jackpot win, the Powerball grand prize for Wednesday night went unclaimed, leading to an estimated pot of at least $1.23 billion up for grabs in the upcoming drawing on Saturday night. The jackpot amount continues to increase as ticket sales surge.
A Record-Breaking Jackpot
Saturday’s jackpot will mark Powerball’s fourth largest ever and the eighth largest in U.S. lottery history. The winning numbers for the previous drawing were 11, 38, 41, 62, 65, and Powerball 15.
The Prize Options
A potential jackpot winner could choose between receiving the money as annual payments over 29 years or opt for a single lump sum payment, estimated at $527.3 million before taxes.
Previous Jackpot Winner
The last Powerball jackpot victory occurred on New Year’s Day, where a ticket in Michigan secured the top prize of $842.2 million.
Odds and Prizes
To win the jackpot, players must match all five white balls and the red Powerball. The odds of hitting the jackpot stand at around 1 in 292.2 million, with smaller prizes also available. The likelihood of winning any prize, starting at $4, is 1 in 24.87.
Ticket Information
Powerball tickets are priced at $2 each and are available for purchase in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.
Read More of this Story at www.cbsnews.com – 2024-04-04 05:50:00
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