Largest Powerball Jackpot — $700 Million — Are you Ready?

  • Post last modified:September 9, 2023
  • Reading time:4 mins read

About the Powerball jackpot, It has been precisely 12 weeks since a Powerball ticket sold in Pennsylvania won the last grand prize. The jackpot grew quite a bit within the meantime, and, after 35 consecutive rounds without a grand prize winner, stood at an estimated $700 million for Wednesday evening’s drawing.

The winning numbers Wednesday were 19, 36, 37, 46, 56, and a Powerball of 24. It was still unclear if any profitable tickets were offered. 

The anticipated fund is that this 12 months’ largest jackpot thus far, based on Powerball, which elevated the sum from $680 million earlier this week. It is usually the fifth-largest Powerball jackpot and the eighth-largest U.S. lottery jackpot.

Powerball jackpot
Powerball jackpot

Powerball jackpot weekly drawings

which occur on Mondays, Wednesdays, and Saturdays — have yielded partial wins for gamers over the past three months. The newest drawing gave smaller wins to greater than 1.2 million ticket holders, who collectively obtained $13.7 million in monetary prizes, based on the lottery.

There are 9 methods to win some sum of money by coming into the sport, however, in an effort to take dwelling the grand prize, Powerball gamers should maintain tickets with numbers that match all six picked throughout a given drawing. On Aug. 3, a participant whose Pennsylvania ticket was an ideal match received the jackpot, which, at the time, amounted to $206.9 million.

That was the fifth Powerball grand prize received in 2022. In January, winners in California and Wisconsin break up the $632.6 million jackpot earlier than a Connecticut winner took dwelling the $185.3 million prize about one month later. In April, an Arizona ticket received $473.1 million, and, in June, the $366.7 million jackpot matched a lottery ticket offered in Vermont.

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Those that finally declare the subsequent Powerball jackpot have the choice to obtain their prize as both a direct lump sum, amounting to an estimated $335.7 million in money worth if somebody wins on Wednesday, or as an annuity. The latter possibility gives to pay out the complete jackpot quantity over the course of roughly 30 years. 

In response to Powerball, the percentages of profitable any prize after coming into the sport are barely lower than 1 in 25, whereas the odds of profitable the jackpot are about 1 in 292 million. The following Powerball drawing is scheduled to be broadcast dwell on Wednesday evening at 10:59 p.m. ET. Drawings will also be streamed online at Powerball.com.

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Source: cbsnews.com Image Source: abcnews.go.com

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