Powerball Jackpot Soars to $1.4 Billion: Third Largest Prize in History

by time news

Powerball Jackpot Soars to $1.4 Billion, Third Largest in History

Lottery players across the country are eagerly awaiting the Saturday night Powerball drawing, as the jackpot has skyrocketed to an estimated $1.4 billion. This is now the third largest prize in Powerball history, making it an extremely exciting opportunity for potential winners.

After Wednesday’s drawing yielded no grand prize winner, the Powerball jackpot continued to grow, reaching this massive sum. The winning numbers for Saturday’s drawing are 47, 54, 57, 60, 65, with the Powerball number being 19.

According to the Powerball website, if someone is lucky enough to win the jackpot, they can choose to receive the prize in one lump-sum payment of around $614.0 million or in 30 graduated payments over 29 years. This gives winners the flexibility to decide which option suits them best.

If Saturday’s drawing produces a grand prize winner, they will join the elite club of individuals who have won the third largest jackpot in Powerball history. Additionally, this prize would also stand as the fifth largest lottery jackpot in the United States.

However, the chances of winning the Powerball jackpot are incredibly slim, with odds of 1 in 292,201,338.00, according to Powerball. Despite this, the excitement surrounding the drawing remains high. The drawing will be streamed live at 10:59 p.m. ET on Saturday, giving players across the country the opportunity to watch and see if they hold the winning ticket.

The last time the grand prize was won in Powerball was on July 19, when a single ticket sold in California secured a jackpot worth $1.08 billion. Since then, there have been 33 consecutive drawings without a jackpot winner, including Wednesday’s drawing, which produced the numbers 9, 35, 54, 63, 64, and Powerball 1.

The largest Powerball jackpot ever recorded stands at an astounding $2.04 billion, won by a fortunate individual holding a sole ticket in November 2022. With the current jackpot at $1.4 billion, there is still plenty of excitement surrounding the possibility of another record-breaking win.

As lottery players eagerly await the Saturday night drawing, hopes remain high that someone will be the lucky winner of this historic Powerball jackpot.

You may also like

Leave a Comment