Billion-dollar desires are inside attain because the Powerball jackpot skyrockets to a staggering $1 billion after no successful tickets had been bought in Monday night time’s drawing for a $900 million prize.
The brand new jackpot is the third-highest within the nation’s historical past and can proceed to develop till a winner emerges. The following Powerball drawing is Wednesday. Individuals have the chance to win both $1 billion paid out over a number of years or a one-time lump sum of $516.8 million earlier than taxes.
The very best recorded Powerball jackpot thus far was $2.04 billion in November 2022. The successful ticket was bought in California. The second-highest jackpot was $1.6 billion in 2016, which was cut up amongst three winners — a pair in California, a girl in Florida and a pair in Tennessee.
Regardless of the excessive payouts, shopping for a successful Powerball ticket has remarkably low odds of 1 in 292.2 million, per NPR.
The newest Powerball jackpot victory occurred on April 19, with the grand prize amounting to just about $253 million. Nevertheless, since then, there have been 38 consecutive drawings with out a winner.
The Powerball jackpot was $900 million in Monday’s drawing. Michele Sandberg | Getty Photographs
Powerball is performed throughout 45 states, in addition to in Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
Earlier than the $1 billion Powerball drawing on Wednesday, Mega Tens of millions is drawing its $640 million jackpot on Tuesday. Winners will obtain an annual payout or a lump sum of $328 million money earlier than taxes.
Though there was no Mega Tens of millions jackpot winner within the newest drawing, South Carolina Lottery officers introduced on Monday that somebody bought a $2 million successful ticket in Orangeburg, South Carolina on the Gaz-Bah gasoline station for Friday’s drawing. The ticket was bought for $2.
The successful Mega Tens of millions ticket matched all 5 numbers on the white balls that had been drawn: 10, 24, 48, 51, 66 and the Megaball quantity 15. Moreover, the winner selected so as to add the Megaplier choice for an extra greenback, which doubled the prize as a result of the Megaplier quantity was 2. The lucky particular person now has 180 days to say their prize, lottery officers wrote within the launch.
