The world’s largest-ever lottery quantity has gotten even larger.
Saturday’s drawing of the record-setting $1.6billion Powerball jackpot produced no successful ticket, bumping up the grand prize to an estimated $1.9billion forward of Monday evening’s draw.
The Powerball quantity on Saturday broke ‘the world report for the most important nationwide lottery jackpot within the Guinness World Data’, in keeping with the California Lottery.
Greater than 10million gamers received payouts from Saturday’s drawing, together with one who matched 5 numbers and added the Energy Play possibility to attain $2million. However nobody matched all 5 digits in addition to the Powerball, boosting the jackpot to a brand new excessive.
Prime 10 Powerball jackpots of all time:
1. $1.9 billion (estimated) – drawing Nov 7, 2022
2. $1.586 billion – Jan 13, 2016 – California, Florida, Tennessee
3. $768.4 million – March 27, 2019 – Wisconsin
4. $758.7 million – Aug 23, 2017 – Massachusetts
5. $731.1 million – Jan 20, 2021 – Maryland
6. $699.8 million – Oct 4, 2021 – California
7. $687.8 million – Oct 27, 2018 – Iowa, New York
8. $632.6 million – Jan 5, 2022 – California, Wisconsin
9. $590.5 million – Might 18, 2013 – Florida
10. $587.5 million – Nov 28, 2012 – Arizona, Missouri
Odds of successful are one in 292.2million, and the subsequent drawing takes place on Monday at 10.59pm ET.
The money worth for the present jackpot is $929.1million if the winner chooses to take the lump sum as an alternative of annuity funds over 29 years. The take house quantity is considerably lowered after taxes. Federal tax on the $1.9billion annuity quantities to greater than $700million over about three a long time. For the lump sum, taxes can be near $345million.
Powerball ticket gross sales often finish one to 2 hours earlier than the drawing, however range by jurisdiction.
Drawings on Mondays had been added in August 2021, upping the variety of attainable days to win per week to a few. Additionally it is drawn on Wednesdays and Saturdays.
The Powerball jackpot was final hit on August 3 in Pennsylvania.
‘This Powerball sport is delivering precisely what our gamers need,’ said Powerball Product Group Chairperson Drew Svitko earlier than Saturday’s drawing.
‘We're witnessing historical past within the making with this $1.6billion jackpot! What’s additionally thrilling is that this run has already created tens of millions of winners, together with almost 100 gamers who've received prizes price $1million or extra.’
The largest Powerball jackpot ever received was in January 2016, when three gamers cut up the $1.586billion prize. All three winners picked the money worth, which was $983.5million whole.
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