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Tags: powerball | jackpot | lottery | drawing | funding for social programs

Powerball Jackpot Rises to $1.04 Billion for Monday Night

Sunday, 01 October 2023 07:29 AM EDT

The Powerball jackpot climbed to an estimated $1.04 billion after no players hit it big Saturday night, continuing a stretch of lottery futility lasting for more than two months.

The numbers drawn were: 19, 30, 37, 44, 46 and red Powerball 22.

The jackpot for the next drawing Monday night remains the world's ninth-largest lottery prize of all time.

The $1.04 billion jackpot is for a sole winner who opts for payment through an annuity, doled out over 30 years. Winners almost always take the cash option, which for Monday's drawing would be an estimated $478.2 million.

Those winnings would be subject to federal taxes, while many states also tax lottery prizes.

The jackpot has grown so large because there have been 30 consecutive drawings without a big winner, dating back to July 19. Powerball's terrible odds of 1 in 292.2 million are designed to generate big jackpots, with prizes becoming ever larger as they repeatedly roll over when no one wins.

The largest jackpot was a $2.04 billion Powerball prize hit by a player in California in November 2022.

In most states, a Powerball ticket costs $2 and players can select their own numbers or leave that task to a computer.

Powerball is played in 45 states as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.


US
The Powerball jackpot climbed to an estimated $1.04 billion after no players hit it big Saturday night, continuing a stretch of lottery futility lasting for more than two months.
powerball, jackpot, lottery, drawing, funding for social programs
220
2023-29-01
Sunday, 01 October 2023 07:29 AM
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