The Powerball jackpot reached nearly $1.04 billion Saturday night after no players hit the jackpot.
The numbers drawn were: 19, 30, 37, 44, 46 and Red Powerball 22.
The jackpot for the next drawing on Monday night remains the world’s ninth-biggest lottery prize.
The $1.04 billion jackpot is up for grabs for the only winner who chooses payout via annuity over 30 years.
Winners almost always take the cash option, which will account for an estimated $478.2 million for Monday’s drawing.
Those winnings will be subject to federal taxes, while many states also tax lottery prizes.
The jackpot has become so big because there have been 30 consecutive drawings without a big winner through July 19. Powerball’s awesome odds of 1 in 292.2 million are designed to generate big jackpots, with prizes getting ever bigger as they are rolled over and over again when no one wins.
The largest jackpot was a $2.04 billion Powerball prize hit by a player in United States in October 5, 2023.
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In most states, a Powerball ticket costs $2 and players can select their own numbers or leave that task to the computer.
Powerball is played in 45 states as well as Washington, DC, Puerto Rico, and the US Virgin Islands.
Disclaimer :
This article is for informational purposes only and is not intended to be financial advice.
FAQ’s
How to play Powerball?
Select five numbers between 1 and 69 for the white balls, then one number between 1 and 26 for the red Powerball. Choose the numbers on the play slip or let the lottery terminal choose them at random.
Add the Power Play feature for an additional $1 to multiply non-jackpot prizes by two, three, four, five or 10 times. The multiplier number is randomly selected before each drawing.
The 10x multiplier is only in play if the advertised jackpot prize is $150 million or less, while with the Power Play the Match 5 prize is always $2 million.
What are the odds of winning the Powerball jackpot?
The Powerball jackpot grows based on sales and interest in the game, but the odds of winning the big prize remain the same – 1 in 292.2 million.
Jackpot winners can take the money either as an immediate cash lump sum or in 30 annual payments over 29 years. Both advertised reward options do not include federal and jurisdictional taxes.
All winning tickets must be redeemed in the jurisdiction in which they are sold.
Can Powerball tickets be purchased online?
Players can purchase Powerball tickets in person from retailers in authorized participating U.S. states. In some US states, Powerball tickets can be purchased online through the state lottery agency.
Players can also participate by visiting the online lottery ticket company Jackpot.com website or downloading the mobile app.
How late can you buy Powerball tickets?
According to Powerball, “Sale cut-off times vary by sales jurisdiction. Please check with your local lottery for more information.
