Powerball jackpot nears $1 billion mark at estimated $950 million after no one won grand prize of roughly $850 million
The Jackpot Powerball approaches the billions of dollars for the drawing on Saturday evening.
It was about $ 950 million after no tickets came from the winners for the Jackpot on Wednesday evening of around $ 850 million – the sixth largest in the match at the time. These winning figures were 9, 12, 22, 41, 61 with a PowerBall of 25.
The estimated cash value of the gold pot on Saturday evening is $ 428.9 million. On Wednesday, had an estimated cash value of $ 383.7 million, said PowerBall. All the totals are before taxes. Jackpots can develop because more and more tickets are swallowed up.
The $ 950 million Grand Prix will also rank as the sixth largest in Powerball – behind the last to exceed $ 1 billion – the $ 1.08 billion won on July 19, 2023 in California.
“Powerball ticket sales doubled in last week, while more and more players are joining a $ 2 ticket, while giving good causes in their communities,” said Matt Strawn, Powerball Product Group and CEO of Iowa Lottery said before Wednesday evening.
A single jackpot winner would have the choice to have a lump sum payment or opt for a payment via an annuity which would consist of an immediate payment followed by 29 annual payments which increase by 5% each year.
No one has won the PowerBall jackpot since May 31, when only one ticket in California claimed a jackpot of $ 204.5 million with a cash value of $ 91.6 million.
THE Chance to win the first prize are 1 out of 292.2 million, according to PowerBall. The drawings take place every Monday, Wednesdays and Saturdays at 11 p.m. HE.
In 2022, only one ticket sold in Altadena, California, claimed a jackpot of $ 2.04 billion, the the biggest in the history of powerball and lottery. The first Powerball drawing took place in 1992.
Powerball tickets cost $ 2 each and are sold in 45 states, the District of Columbia, Puerto Rico and the US Virgin Islands.
