The Powerball jackpot soared to $1.25 billion for Wednesday night’s drawing after there were no grand prize winners on Monday night.
It’s now the sixth highest Powerball jackpot of all time, and there will be at least 44 drawings in between jackpot winners — a new record, according to Powerball operators.
The last grand prize was won on Sept. 6, when lucky winners in Missouri and Texas split a $1.787 billion jackpot. That was the second largest jackpot in Powerball history.
“This one has arrived just in time for the holidays,” said Matt Strawn, Iowa Lottery CEO and Powerball Product Group Chair. “While it’s exciting to see the jackpot climb to this level, please remember to play responsibly. A single $2 ticket gives you a chance to win.”
The odds of winning the jackpot are 1 in 292.2 million, allowing it to reach astronomical heights over time.
If someone wins Wednesday’s $1.25 billion jackpot, the immediate cash payout option will be $572.1 million, according to Powerball. The other option is an annual payout over 29 years, increasing by 5% each year. Both options are taxed.
The largest Powerball jackpot ever was $2.04 billion in November 2022. It was won by a single man, Southern California resident Edwin Castro.
Related Posts:
- Powerball jackpot hits $1.25 billion; Salinas player has 5-number ticket News The Powerball jackpot for Wednesday’s draw is estimated at $1.25 billion after no ticket matched all six numbers drawn Monday night. Related Articles Lotto ticket worth more than $170,000 sold at Santa Clara store Northern California ticket wins nearly $2 million as Powerball jackpot rolls on Tickets for 4 of…
- Powerball jackpot hits $1.25 billion; Salinas player has 5-number ticket News The Powerball jackpot for Wednesday’s draw is estimated at $1.25 billion after no ticket matched all six numbers drawn Monday night. Related Articles Lotto ticket worth more than $170,000 sold at Santa Clara store Northern California ticket wins nearly $2 million as Powerball jackpot rolls on Tickets for 4 of…
- Sacramento ticket wins nearly $2 million as Powerball jackpot rolls on News A Powerball ticket sold at a Sacramento liquor store won at least $1.975 million Saturday night after matching five numbers, but missing the Powerball, according to the California Lottery website. The winning numbers drawn were 1, 28, 31, 57 and 58, with Powerball number 16. No ticket matched all six…
- Sacramento ticket wins nearly $2 million as Powerball jackpot rolls on News A Powerball ticket sold at a Sacramento liquor store won at least $1.975 million Saturday night after matching five numbers, but missing the Powerball, according to the California Lottery website. The winning numbers drawn were 1, 28, 31, 57 and 58, with Powerball number 16. No ticket matched all six…
- Thriller film lauded as ‘an all-time classic of the highest order’ streaming on Netflix Entertainment Jodie Foster starred as young FBI agent Clarice Starling (Picture: Shutterstock) An iconic thriller deemed ‘the best ever made’ is streaming now on Netflix in the United Kingdom. Directed by Jonathan Demme in 1991, The Silence of the Lambs propelled iconic film villain Hannibal Lecter into the mainstream, redefining the…
(Visited 1 times, 1 visits today)