The Powerball jackpot swelled to an estimated $1.55 billion for Monday night time’s drawing after weeks with no grand prize winner.
The brand new mammoth prize up for grabs Monday ranks because the third largest Powerball jackpot and fourth largest amongst US lottery jackpots, in accordance with Powerball’s web site.
If a fortunate participant matches all six numbers to win the jackpot, they’ll have the selection between an annuitized prize price an estimated $1.55 billion or a lump sum cost estimated at $679.8 million – each earlier than taxes, Powerball stated.
The grand prize grew Saturday after no ticket matched all six numbers drawn, 47, 54, 57, 60, 65 and pink Powerball 19.
There have been no Powerball jackpot winners since July 19, when a single ticket offered in California nabbed a grand prize price $1.08 billion.
The upcoming drawing would be the thirty fifth on this jackpot run. It’s the primary time in Powerball’s historical past that back-to-back cycles have generated billion-dollar grand prizes, Powerball stated in a information launch.
Whereas nobody scored the jackpot over the past drawing Saturday, there have been nonetheless some large wins.
Ten tickets matched 5 numbers to win $1 million prizes in California, Kansas, Louisiana, Massachusetts, Michigan, Ohio, Texas and Wisconsin.
One other two tickets, offered in Iowa and Maine, matched all 5 white balls and gained $2 million every as a result of their holders activated a “energy play” multiplier, Powerball stated.
Total, the chances of successful a prize are 1 in 24.9. However the odds of successful the jackpot are a lot slimmer, at 1 in 292.2 million, Powerball says.
The most important Powerball Jackpot ever gained was a $2.04 billion prize from November 2022, adopted by a $1.586 billion jackpot gained in January 2016.