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Powerball prize up to $1.5 billion, 3rd-largest ever in US - Georgia Asian Times
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Powerball prize up to $1.5 billion, 3rd-largest ever in US

The good news is that means the prize has grown even larger to $1.5 billion ahead of the next drawing Saturday night. That is the third-largest lottery prize in U.S. history.

Georgia Asian Times by Georgia Asian Times
November 3, 2022
in Lifestyle
Powerball prize up to $1.5 billion, 3rd-largest ever in US
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Des Moines, Nov 3, 2022 — The bad news is that no one won Wednesday night’s huge $1.2 billion Powerball jackpot.

The good news is that means the prize has grown even larger to $1.5 billion ahead of the next drawing Saturday night. That is the third-largest lottery prize in U.S. history.

The numbers drawn Wednesday night were: 2, 11, 22, 35, 60 and the red powerball 23.

No one has won the top Powerball prize since Aug. 3, making for 39 consecutive drawings without anyone matching all six numbers.

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What’s behind three months of lottery futility? It’s simple math. The odds of winning the jackpot are an abysmal 1 in 292.2 million.

It is because of those long odds that the grand prize has grown so large.

The new $1.5 billion prize is actually for winners who opt for an annuity, paid out annually over 29 years. Nearly all winners choose cash, which for Saturday’s drawing would be $745.9 million.

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

Tags: Powerball
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