After the draw on Saturday, there weren’t any new winners of the Powerball jackpot to join the club of lucky ones. But this news is great for future participants since the value of the jackpot just increased.
Increased value of the jackpot:
After last weekend’s failure, the estimated value of the jackpot is $900 million. Since this is the third-largest prize in the whole history of the Powerball jackpot, the players who will participate in Monday’s drawing have a lot to hope for – and even more considering that the last jackpot was hit in April, with 37 drawings without the winner after that.
The lottery released the odds for the next drawing, and they are pretty small – 1:292.201.338.
On Saturday, the numbers that could lead someone to the win were 2, 9, 43, 55, and 57, and Powerball had the number 18 on itself.
Nobody won the grand prize, but nonetheless, three people have all the reasons to be happy with Saturday’s drawing. Three players, two from Texas and one from Colorado guessed all five white balls, which brought them the prize of $1 million.
But what will happen if the jackpot is drawn on Monday? The player will have to choose. The lottery officials gave the winner two options: the first one is getting the annuitized prize, whose estimated amount is $900 million, and the second will be choosing the lump sum prize of $465.1 million. The annuitized prize means that the total amount will be split so the winner will get one payment immediately, and the other ones will be divided into 29 parts paid annually, each one of them increased by 5% compared to the previous one.
The biggest jackpot ever hit was $2.04 billion worth. In November 2022, a player from California got very lucky and earned that impressive prize.
Tickets and drawings:
If you’re a newbie in the jackpot world, it’s good to know that you can buy tickets for $2 in 45 U.S. states, along with Washington, D.C., Puerto Rico and the U.S. Virgin Islands. At 10:59 p.m. EST on Mondays, Wednesdays, and Saturdays, as well as on Powerball.com, you’ll get a chance to check if you’re the lucky one.
Another jackpot that can change someone’s life is the Mega Millions jackpot. Its worth is currently estimated at $640 million, which is the largest amount to be won in the whole Mega Millions history, and the next chance to be the lucky winner will be on Tuesday.
The players who are interested in participating can buy tickets in 45 states, as well as Washington D.C. and the U.S. Virgin Islands. The ticket that will cost the player only $2 can bring an impressive prize.
The worth of the jackpot will continue to increase until someone wins, so don’t miss out on an opportunity to change your life!