The Powerball jackpot has swelled to an estimated $1 billion ahead of Saturday night\u2019s drawing, marking one of the largest prizes in history. <\/p>\n
No tickets matched all six numbers drawn on Wednesday: white balls 10, 16, 29, 33, 69 and the red Powerball 22.<\/p>\n
The pot now ranks as the seventh-largest Powerball jackpot and the second to reach the billion-dollar mark this year, after a $1.787-billion prize \u2014 the second largest in lottery history \u2014 was split by winners in Missouri and Texas on Sept. 6.<\/p>\n
Saturday\u2019s drawing will be the 42nd in the current jackpot run, tying the April 2024 record for the most consecutive drawings without a six-number winner. Three tickets sold in Maryland, Michigan and New Jersey matched five white balls Wednesday to win $1 million, but fell short of the full jackpot.<\/p>\n
If someone wins on Saturday, they can choose between an annuitized prize of $1 billion or a lump sum payment of $461.3 million, before taxes, according to a Powerball news release. If the winner picks the annuity option, they receive one payment immediately and then 29 annual payments, increasing by 5% each year.<\/p>\n
The odds of winning the jackpot are 1 in 292.2 million, and the overall odds of winning any prize are 1 in 24.9.<\/p>\n
Two Southern Californians have won the Powerball jackpot so far this year. One ticket worth $515 million was sold in Anaheim in March, and another worth $205 million was purchased two months later in Arleta.<\/p>\n
California has been home to the first and third biggest Powerball payouts on record. In November 2022, Altadena resident Edwin Castro claimed a $2.04-billion prize. Less than a year later, in October 2023, Theodorus Struyck and a Frazier Park lottery pool secured a $1.765-billion jackpot.<\/p>\n
Other notable jackpot wins include: <\/p>\n
A $1.586 billion jackpot in January 2016, won by three people, in California, Florida and TennesseeA $1.326 billion jackpot in April 2024A $1.08 billion jackpot in July 2023 in CaliforniaAn $842.4 million jackpot in January 2024 in MichiganA $768.4 million jackpot in March 2019 in WisconsinA $758.7 million jackpot in August 2017 in MassachusettsA $754.6 million jackpot in Feb, 2023 in WashingtonA $731.1 million jackpot in January 2021 in Maryland<\/p>\n
Tickets are sold in 45 states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands, with drawings broadcast every Monday, Wednesday and Saturday.<\/p>\n","protected":false},"excerpt":{"rendered":"The Powerball jackpot has swelled to an estimated $1 billion ahead of Saturday night\u2019s drawing, marking one of…\n","protected":false},"author":2,"featured_media":344141,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[6484,28,2356,12497,172246,473,86484,172247,8640,57219,17164,51611,36310,6601,54212,2394],"class_list":["post-344140","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-april","tag-business","tag-california","tag-drawing","tag-full-jackpot","tag-history","tag-january","tag-large-prize","tag-maryland","tag-powerball-jackpot","tag-record","tag-saturday-night","tag-ticket","tag-wednesday","tag-winner","tag-year"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/344140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=344140"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/344140\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/344141"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=344140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=344140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=344140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}