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Showing posts with the label jackpot

Monday night's $785M Powerball jackpot is 9th largest lottery prize. Odds of winning are miserable

The ninth-largest lottery jackpot will be on the line when numbers are drawn for a $785 million Powerball prize DES MOINES, Iowa -- The ninth-largest lottery jackpot will be on the line Monday night when numbers are drawn for a $785 million Powerball prize. The payout has grown so large because it has been building for more than two months, since a player in California matched all six numbers on July 19 and won $1.08 billion. That's 28 consecutive drawings without a big winner. That winless streak is due to the miserable odds of winning the Powerball jackpot , at 1 in 292.2 million. It's those long, long odds that result in such large top prize s, as they cause the jackpot to roll over week after week. The jackpot is the ninth- large st in the world, behind top prize s in the Powerball and Mega Millions Game s that all topped $1 billion. The biggest jackpot was a $2.04 billion Powerball prize won in November 2022 in California. Although the game highlights the $785 mill...

Powerball jackpot soars to $925 million ahead of next drawing

An estimated $925 million jackpot is up for grabs in the next Powerball drawing on Saturday night. An estimated $925 million jackpot is up for grabs in the next Powerball drawing on Saturday night. It's the fourth-largest purse in the American lottery game's history and the second-largest this year, according to a press release from Powerball. The grand prize, which has an estimated cash value of $432.4 million , ballooned passed the $900 million mark after no ticket matched all six numbers drawn on Wednesday night. However, four tickets -- purchased in California, Kansas, Maryland and New York -- matched all five white balls to win $1 million prizes, Powerball said. MORE: Powerball jackpot swells to $835 million ahead of next drawing The jackpot was previously won on July 19, when a ticket purchased in California matched all five white balls and the red Powerball to claim $1.08 billion. Since then, there have been 30 consecutive drawings without a jackpot winner. Jackpot wi...

Powerball jackpot tops $1 billion ahead of Monday's drawing

An estimated $1.04 billion jackpot is up for grabs in the next Powerball drawing on Monday night. An estimated $1.04 billion jackpot is up for grabs in the next Powerball drawing on Monday night. It's the fourth-largest purse in the American lottery Game 's History and the second-largest this year, according to a press release from Powerball. The grand prize, which has an estimated cash value of $478.2 million, ballooned above the $1 billion mark after no ticket matched all six numbers drawn on Saturday night. However, five tickets -- purchased in Maryland, Michigan, Pennsylvania and Florida, where there were two -- matched matched all five white balls to win $1 million prizes. Two other tickets -- sold in Indiana and North Carolina -- matched all five white balls and won $2 million prizes by including Power Play, a feature that allows a winner to multiply the original amount of non- jackpot prizes for an additional $1 per play, Powerball said. MORE: Powerball tops $1 billio...

Powerball jackpot climbs to $1.2 billion ahead of Wednesday's drawing

An estimated $1.2 billion jackpot is up for grabs in the next Powerball drawing on Wednesday night. An estimated $1.2 billion jackpot is up for grabs in the next Powerball drawing on Wednesday night. It's now the third-largest purse in the American lottery Game 's History and the biggest so far this year. It's also the seventh-largest U.S. lottery jackpot ever, according to a press release from Powerball. The grand prize, which has an estimated cash value of $551.7 million, continued its ascent through billion dollar territory after no ticket matched all six numbers drawn on Monday night, Powerball said. MORE: Powerball jackpot tops $1 billion ahead of Monday's drawing However, two tickets -- purchased in Delaware and Michigan -- matched matched all five white balls to win $1 million prizes. Two other tickets -- sold in New York and South Carolina -- matched all five white balls and won $2 million prizes by including Power Play, a feature that allows a winner to mu...

Ticket sold in California wins Powerball jackpot of $1.73 billion

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Winning Powerball numbers were drawn on Wednesday for $1.73 billion jackpot. The Powerball frenzy continued on Wednesday as numbers were drawn for the $1.73 billion jackpot. The winning numbers drawn for the jackpot prize were: 22, 24, 40, 52, 64 and red Powerball 10. The power play was 2. One ticket had all the numbers. It was sold in Frasier Park, California, which is located between Los Angeles and Bakersfield in Kern County. Powerball play tickets are seen on display at Blue Bird Liquor in Hawthorne, Calif. on Oct. 10, 2023. Jay L. Clendenin/Los Angeles Times via Getty Images The grand prize, which had an estimated lump sum payout of $756.6 million, continued its ascent through billion -dollar territory after no ticket matched all six numbers drawn on Monday night, Powerball said. MORE: Second biggest US lottery prize is up for grabs in Powerball drawing Monday's jackpot was the third-largest prize in Powerball History , officials previously said, making Wednesday's priz...

$1.4 billion Powerball jackpot prize up for grabs

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Saturday night's Powerball Jackpot prize has risen to $1.4 billion. The last jackpot prize won was won on July 19. The Powerball jackpot prize has grown to $1.4 billion , a cash value of $614 million, for Saturday night's drawing. This is the game's third largest prize ever, according to Powerball. The Powerball jackpot was last hit in the July 19, 2023 drawing. There have been 33 consecutive drawings with no jackpot wins. This is the first time back-to-back Powerball jackpot cycles have generated billion-dollar grand prizes. "This has become another top-charting jackpot in the Powerball game, and we’ve had several factors align at the right time to be able to support back-to-back billion-dollar jackpots in a matter of months," said Drew Svitko, Powerball product group chair and Pennsylvania Lottery executive director. MORE: Winning ticket for $1 billion Powerball jackpot sold in California "While dreaming about winning a billion -dollar Powerball jackpot...

Mega Millions jackpot jumps to $685 million ahead of Friday's drawing

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The Mega Millions jackpot has soared to an estimated $685 million ahead of Friday night's drawing. The Mega Millions jackpot has soared to an estimated $685 million ahead of Friday night's drawing. The prize is the largest Mega Millions prize ever offered in the final week of any year, according to the lottery. The cash prize option is estimated to be $347.8 million. Mega Millions lottery entry tickets are seen in New York, Oct. 23, 2018. Brendan McDermid/Reuters The jackpot has grown over the 21 drawings since the lottery's jackpot was last won on Oct. 14, when two ticket winners split a $502 million prize. It's continued to climb since the most recent drawing ; after no tickets matched all six winning numbers in Tuesday's drawing , the jackpot was estimated to reach $640 million . Only six Mega Millions jackpots have been won this year. Winning tickets were in California, Florida, New York, Minnesota, Illinois and Tennessee. The Mega Millions jackpot has soar...

$940M Mega Millions prize just latest of massive jackpots

Call it the Golden Age of lottery jackpots DES MOINES, Iowa -- Call it the Golden Age of lottery jackpots . Or to put it another way, what’s up with all the massive lottery prizes? The latest haul up for grabs is a $940 million Mega Millions jackpot, with a drawing set for Friday night. The prize ranks as the sixth largest in U.S. history. That comes less than two months after a player in California won a record $2.04 billion Powerball jackpot. Players also won lottery prizes topping $1 billion earlier in 2022 and in 2021. “It’s thrilling to see the Mega Millions jackpot grow throughout the holidays, and now, into the New Year," said Pat McDonald, the director of the Ohio Lottery who also leads the state lotteries overseeing the Mega Millions Game . But while it may seem the lottery gods are showering players with repeated chances at hard-to-fathom riches, the credit for the big prizes is actually due to math -- and more difficult odds. In the fall of 2017, lottery officials appr...