Powerball Jackpot Reaches Historic Heights
The Powerball jackpot, which is one of the greatest in the game’s history, and is one of the highest bidding Powerball games in history of the lotto and it may go even higher if someone does not match the right numbers. The current game has climbed even higher and is now projected to be worth $875 million.
4. The Latest Drawing: No Winners Match All Six Numbers
Nobody correctly matched all six winning numbers from Wednesday’s drawing, which were 23-35-45-66-67 and Powerball 20.
3. Saturday’s Drawing: Third Largest Jackpot in Lottery History
The new Powerball Jackpot reward is the third-largest in the game’s history, trailing only the $2.04 billion jackpot won last year and the $1.586 billion Powerball jackpot won in 2016.
If someone matches all six numbers and wins Saturday’s drawing, they will have the opportunity to claim the reward of $875 million paid out in annual payments or pick a lump sum option of $441.9 million before taxes.
A Look at Powerball’s Previous Record-Breaking Powerball Jackpots
According to game organizers, there have been a total of 36 Powerball Jackpot drawings without a huge jackpot winner so far. The previous jackpot was won on April 19 when a ticket sold in Ohio matched the winning numbers and earned a payout of $252.6 million.
2. The Implications of Winning Jackpot: Life-Changing Prizes Await
Research suggests that around 60% of the revenue earned by American state lotteries goes directly to the winners, while the states keep the remaining cash after paying out the jackpot rewards and covering certain expenses like advertising. However, for big lotteries like Mega Millions or Powerball, half of the ticket money goes into the prize pool.
1. Powerball Jackpot’s Wide Reach: Participating States and Exclusions
Powerball is played in 45 states, omitting five states—Alabama, Utah, Alaska, Hawaii, and Nevada—that do not sell lottery tickets.