The jackpot for the Powerball lottery in the United States has risen to $1 billion after no one won for the 38th time in a row, making it one of the biggest jackpots in history, officials say.<\/p>\n\n\n\n
The Multi-State Lottery Association said the estimated jackpot for the next drawing, on Wednesday night, had risen to at least $1 billion with a cash value of $516.8 million. Both figures are still expected to rise.<\/p>\n\n\n\n
Some people came close to winning the jackpot during Monday’s drawing, when the grand prize was estimated at $922 million. The winning numbers were 5, 8, 9, 17, 41 and Powerball 21.<\/p>\n\n\n\n
Eight tickets sold in 8 U.S. states (AR, CT, FL, GA, KY, NY, PA and TX) matched 5 out of 6 numbers, earning them $1 million each, according to the lottery association. Three of them paid $1 extra for Power Play, doubling their prize to $2 million.<\/p>\n\n\n\n
“The Monday drawing produced more than 2.8 million winning tickets nationwide, with players winning lower-tier cash prizes worth a combined $41.7 million,” the lottery said in a statement.<\/p>\n\n\n\n
The billion-dollar prize comes at a time when another jackpot – Mega Millions – is also unusually high: $640 million for Tuesday’s drawing. Both jackpots are expected to lead to increased sales during the next few days.<\/p>\n\n\n\n
The Powerball jackpot was last hit on April 19, when someone in Ohio won $252.6 million. Since then, there have been 38 Powerball drawings in a row in which no one won the grand prize.<\/p>\n\n\n\n
Powerball tickets are sold in 45 U.S. states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. They cost $2. The odds of winning the jackpot are 1 in 292 million.<\/p>\n\n\n\n
The jackpot is paid out in 30 installments over a period of 29 years, though winners can choose a smaller prize \u2013 the cash value \u2013 which is paid out right away. Both prizes are subject to federal and local taxes.<\/p>\n\n\n\n
At $1 billion, Wednesday’s jackpot will be the seventh-largest in history, and the third-largest Powerball jackpot, only behind the world record $2.04 billion prize last year and the $1.586 billion jacpot in 2016.<\/p>\n","protected":false},"excerpt":{"rendered":"
The jackpot for the Powerball lottery in the United States has risen to $1 billion after no one won for the 38th time in a row, making it one of the biggest jackpots in history, officials say. The Multi-State Lottery Association said the estimated jackpot for the next drawing, on Wednesday night, had risen to […]<\/p>\n","protected":false},"author":2,"featured_media":41543,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4,2],"tags":[15,712,2014,151],"class_list":["post-41542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-usnews","tag-featured","tag-lottery","tag-powerball","tag-united-states"],"yoast_head":"\n