Powerball jackpot reaches $1 billion without a winner

Powerball jackpot reaches $1 billion without a winner

As people continue to lose, the Powerball jackpot continues to increase.

It occurred again on Saturday evening, as nobody matched all six numbers and won the projected $825 million jackpot. According to a statement from Powerball, this implies that Monday night’s drawing will be for a staggering $1 billion.

Saturday night’s winning numbers were 19, 31, 40, 46, 57, and 23 for the red power ball.

The augmented jackpot will be the second-largest in United States history. In 2016, three ticket buyers won a jackpot worth $1.58 billion in the Powerball game.

Although the stated grand prize is expected to be $1 billion, winners will receive their rewards through an annuity paid out over 29 years. Winners nearly usually choose cash, which for Monday’s drawing will amount to an estimated $497,3 million.

The $825 million jackpot for Saturday’s drawing grew from $800 million on Friday due to robust ticket sales, according to Powerball.

Those who did not win the most recent big prize in the 30-year-old lottery should not instantly discard their tickets.

A Florida ticket holder matched all five white balls in Saturday’s drawing and raised the prize amount to $2 million by using the “Power Play” option. Six tickets, two in California, two in Michigan, one in Maryland, and one in Texas, matched five white balls to win a $1 million reward.

Seventeen additional tickets earned a total of $150,000, while eighty tickets each won $50,000. Powerball reported that over $38 million was awarded to winners of over 3.8 million winning tickets.

A $206.9 million jackpot was won in Pennsylvania on August 3 by a player who matched all six numbers. It had been nearly three months since the last time this occurred. There have been 37 straight drawings without a jackpot winner due to the odds of one in 292,2 million in Powerball.

Powerball is played in 45 states, as well as in Washington, D.C., Puerto Rico, and the U.S. Virgin Islands.

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