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  • Powerball jackpot climbs to $865 million as long winless drought continues

    Powerball jackpot climbs to $865 million as long winless drought continues

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    The Powerball jackpot increased to an estimated $865 million after no one won Monday night’s drawing, continuing a winless streak that dates to New Year’s Day.

    The numbers drawn were: 7, 11, 19, 53 68 and red ball: 23.

    Since the last winner on Jan. 1, there have been 36 straight drawings without a big winner. It’s tough to win the Powerball jackpot because the odds are so long, at 1 in 292.2 million.

    The top prize up for grabs Monday night was for an estimated $800 million.

    The $865 million prize on the line for the next drawing Wednesday night is for a sole winner who is paid through an annuity, with an initial payment and then 29 annual payments. Most winners choose a cash payout, which for Wednesday night’s drawing would be an estimated $416 million.

    The Powerball prize has mushroomed at a time when Mega Millions, the other nearly national U.S. lottery game, has become even bigger, with an estimated annuity payout of $1.1 billion. The next Mega Millions drawing will be Tuesday night.

    Both games are sold in 45 states as well as Washington, D.C., and the U.S. Virgin Islands. Powerball also is sold in Puerto Rico.

    Copyright © 2024 by The Associated Press. All Rights Reserved.

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  • Powerball jackpot climbs to $865 million as long winless drought continues

    Powerball jackpot climbs to $865 million as long winless drought continues

    [ad_1]

    The Powerball jackpot increased to an estimated $865 million after no one won Monday night’s drawing, continuing a winless streak that dates to New Year’s Day.

    The numbers drawn were: 7, 11, 19, 53 68 and red ball: 23.

    Since the last winner on Jan. 1, there have been 36 straight drawings without a big winner. It’s tough to win the Powerball jackpot because the odds are so long, at 1 in 292.2 million.

    The top prize up for grabs Monday night was for an estimated $800 million.

    The $865 million prize on the line for the next drawing Wednesday night is for a sole winner who is paid through an annuity, with an initial payment and then 29 annual payments. Most winners choose a cash payout, which for Wednesday night’s drawing would be an estimated $416 million.

    The Powerball prize has mushroomed at a time when Mega Millions, the other nearly national U.S. lottery game, has become even bigger, with an estimated annuity payout of $1.1 billion. The next Mega Millions drawing will be Tuesday night.

    Both games are sold in 45 states as well as Washington, D.C., and the U.S. Virgin Islands. Powerball also is sold in Puerto Rico.

    Copyright © 2024 by The Associated Press. All Rights Reserved.

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    AP

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  • Nearly $2 billion up for grabs as Mega Millions and Powerball jackpots soar

    Nearly $2 billion up for grabs as Mega Millions and Powerball jackpots soar

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    Lottery players have two opportunities to potentially strike it rich this week as the Powerball jackpot climbs to a colossal $800 million for Monday night’s drawing and Tuesday’s Mega Millions jackpot tops $1 billion.

    The Powerball jackpot was last won on January 1 by a ticket in Michigan with an estimated $842.4 million prize.

    If the prize is won Monday it would be the sixth-largest in the game’s history. A winner would have the option of receiving an estimated $800 million in annual payments or a lump sum payment of $384.8 million – both before taxes, according to Powerball.

    Monday night’s Powerball drawing will be held at 10:59 p.m. ET.

    There have been 35 consecutive Powerball drawings with no grand prize winner. The odds of winning any prize are 1 in 24.9, but the odds of snagging the jackpot are 1 in 292.2 million, according to the lottery.

    If the odds aren’t in your favor during Monday’s Powerball drawing, you can try again with Tuesday’s Mega Millions drawing, when $1.1 billion will be up for grabs.

    The lottery crossed the billion-dollar mark after there were no grand prize winners in Friday’s drawing.

    If the jackpot is won Tuesday, it would be the fifth largest prize in the history of the game, according to Mega Millions.

    Tuesday’s drawing will happen at 11 p.m. ET.

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