Home post Powerball Jackpot Swells to $1.5 Billion, Third Highest in U.S. History –...

Powerball Jackpot Swells to $1.5 Billion, Third Highest in U.S. History – NECN NewsPipa

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The bad news is that no one won Wednesday night’s huge $1.2 billion Powerball jackpot. The good news is that the prize pool has grown to $1.5 billion before the next draw.

The Powerball jackpot ranks as the second-largest lottery prize in U.S. history, and could set a new lottery record by Saturday night as ticket purchases flood in. His highest ever lottery win was $1.586 billion, split among his three winners in California, Florida and Tennessee.

The numbers drawn on Wednesday night were 2, 11, 22, 35, 60 and a red Powerball 23.

The $1.5 billion prize is for the winner who chooses to make their fortunes through an annuity paid annually over 29 years. Nearly all winners opted for cash, with current estimates of him at $745.9 million.

These prizes are also subject to federal tax. Many states also tax lottery winnings.

No one has hit all six numbers since August 3rd. This is his 39th consecutive draw with no jackpot winners. The lack of a winning streak is due to a very low win rate of 1 in 292.2 million.

The longer the game goes on without a grand prize winner, the bigger the payout.

Powerball is played in 45 states, the District of Columbia and Puerto Rico. It costs $2 to play.

Drawing will take place every Monday, Wednesday and Saturday at 10:59 PM ET.

Top 10 Powerball Jackpots

1. $1,586 million – January 13, 2016 – California, Florida, Tennessee

2. $1.5 million (estimated) – November 5, 2022

3. $768.4 Million – March 27, 2019 – Wisconsin

4. $758.7 million – August 23, 2017 – Massachusetts

5. $731.1 million – January 20, 2021 – Maryland

6. $699.8 million – October 4, 2021 – California

7. $687.8 million – October 27, 2018 – Iowa, New York

8. $632.6 million – January 5, 2022 – Wisconsin, California

9. $590.5 million – May 18, 2013 – Florida

10. $587.5 Million – November 28, 2012 – Arizona, Missouri

Think you have a chance of winning the lottery? But it’s a very small chance. There are a few things that are likely to happen to you.

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