Home Feature News $1.55 billion Powerball Jackpot is up for grabs in Monday evening’s drawing...

$1.55 billion Powerball Jackpot is up for grabs in Monday evening’s drawing | CNN Enterprise

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CNN
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The Powerball jackpot swelled to an estimated $1.55 billion for Monday evening’s drawing after weeks with no grand prize winner.

The brand new mammoth prize up for grabs Monday ranks because the third largest Powerball jackpot and fourth largest amongst US lottery jackpots, in response to Powerball’s web site.

If a fortunate participant matches all six numbers to win the jackpot, they may have the selection between an annuitized prize price an estimated $1.55 billion or a lump sum fee estimated at $679.8 million – each earlier than taxes, Powerball stated.

The grand prize grew Saturday after no ticket matched all six numbers drawn, 47, 54, 57, 60, 65 and purple Powerball 19.

There have been no Powerball jackpot winners since July 19, when a single ticket bought in California nabbed a grand prize price $1.08 billion.

The upcoming drawing would be the thirty fifth on this jackpot run. It’s the primary time in Powerball’s historical past that back-to-back cycles have generated billion-dollar grand prizes, Powerball stated in a information launch.

Whereas nobody scored the jackpot over the past drawing Saturday, there have been nonetheless some large wins.

Ten tickets matched 5 numbers to win $1 million prizes in California, Kansas, Louisiana, Massachusetts, Michigan, Ohio, Texas and Wisconsin.

One other two tickets, bought in Iowa and Maine, matched all 5 white balls and gained $2 million every as a result of their holders activated a “energy play” multiplier, Powerball stated.

Total, the chances of profitable a prize are 1 in 24.9. However the odds of profitable the jackpot are a lot slimmer, at 1 in 292.2 million, Powerball says.

The biggest Powerball Jackpot ever gained was a $2.04 billion prize from November 2022, adopted by a $1.586 billion jackpot gained in January 2016.

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