HomeBusinessPowerball jackpot climbs to...

Powerball jackpot climbs to $835 million after no one overcomes awful odds to win top prize


Tuesday, September 26, 2023 5:42AM

Powerball jackpot climbs to $835M after no ticket matched all numbers

DES MOINES, Iowa — The Powerball jackpot climbed to an estimated $835 million after no one beat the immense odds Monday night and won the top prize.

The winning numbers were: 10, 12, 22, 36, 50 and 4.

With the latest bit of lottery losing, there now have been 29 consecutive drawings without a jackpot winner, dating back to July 19 when a player in California won $1.08 billion.

That winless streak is due to the miserable odds of winning the Powerball jackpot, at 1 in 292.2 million. It’s those long, long odds that result in such large top prizes, as they cause the jackpot to roll over week after week.

Three people in Florida and one person in Oregon matched five numbers to win $1 million.

The new jackpot is one of the largest in the world, behind grand prizes in the Powerball and Mega Millions games that all topped $1 billion. The biggest jackpot was a $2.04 billion Powerball prize won in November 2022 in California.

Although the game highlights the $835 million prize, that is for a winner who is paid through an annuity over 30 years. Winners almost always choose the cash payout option, which for the next drawing Wednesday night will be an estimated $390.4 million.

The giant jackpot would also be subject to federal taxes, and some states also tax lottery winnings.

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

Copyright © 2023 by The Associated Press. All Rights Reserved.



Source link

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

Pacers, Kings, Bucks, Lakers to host quarterfinals

Tim Bontemps, ESPNNov 29, 2023, 02:22 AM ETAfter a month's...

Stock futures inch higher Wednesday: Live updates

Traders work the floor of the New York Stock Exchange. NYSEStock...

Read Now

Pacers, Kings, Bucks, Lakers to host quarterfinals

Tim Bontemps, ESPNNov 29, 2023, 02:22 AM ETAfter a month's worth of group stage games, the field for the knockout portion of the NBA's in-season tournament is set.The Indiana Pacers will host the Boston Celtics on Monday at 7:30 p.m. ET, followed by the New Orleans...

Stock futures inch higher Wednesday: Live updates

Traders work the floor of the New York Stock Exchange. NYSEStock futures ticked up on Wednesday, as investors held out hope that the Federal Reserve is done raising benchmark interest rates.Futures tied to the Dow Jones Industrial Average ticked higher by 58 points or 0.2%. S&P 500...

Huawei is pushing its tech into the EV world with new cars, automaker partnerships

Huawei on Tuesday confirmed it is working with at least four traditional automakers in China on developing new car brands.That followed news over the weekend that Huawei is launching a joint venture with Changan Automobile for car technology.Chinese automakers with products "lacking in the tech necessary...

Psychic predicts surprising future for Taylor Swift and Travis Kelce

By Monique Friedlander For Daily Mail Australia ...

‘The Hunger Games: Ballad Of Songbirds & Snakes’ Sings Past $100M At U.S. Box Office, $200M+ Worldwide

Lionsgate Updated: Benchmarks we should celebrate as the marketplace looks to rebound after dual strikes that sidelined the box office: Lionsgate‘s The Hunger Games: The Ballad of Songbirds & Snakes has crossed the $100M mark at the domestic box office yesterday in its 11th day of...

‘Dancing With The Stars’ Semi-Finals Shocker: You Won’t Believe Who Was Saved

Disney/Eric McCandless It’s the semi-finals, and boy does it feel like eons ago when poor Matt Walsh crashed and burned after only one night in the ballroom. Imagine if he had stayed and Harry Jowsey kicked the bucket early, instead! Oh, the laughs we would have had...

Kentucky annihilates No. 8 Miami: 3 things to know and postgame cheers

The Cats exploded in the second half for a monster blowout of the No. 8 ranked Hurricanes. ...

Former U.S. Officials Lobby for China’s Dystopian DNA-Sequencing Champion | National Review

Former U.S. Officials Lobby for China’s Dystopian DNA-Sequencing Champion  National ReviewSenate Democrat Blocks Bill Targeting Chinese-Military-Linked Biotech Giant  National ReviewView Full Coverage on Google News Source link

Former U.S. Officials Lobby for China’s Dystopian DNA-Sequencing Champion | National Review

The U.S. government has accused BGI Genomics, the Chinese DNA-sequencing giant, of playing a role in Beijing’s atrocities against Uyghurs, fueling the Chinese Communist Party’s mass-surveillance programs, and acting as a “Chinese military company.” None of that has stopped former U.S. officials from choosing to represent...