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Powerball Jackpot Estimated At $625M Before Saturday Drawing

24 March, 2019, 11:37 | Author: Lawrence Cooper
  • Mega Millions lottery drawings are held Tuesdays and Fridays

The odds of winning are extremely long, at 1 in 292.2 million, but they do get beaten.

Lottery officials say the Powerball jackpot has ballooned to $750 million after no ticket matched all six numbers in the most recent drawing. If no one wins, the Mega Millions jackpot will get bigger for the next drawing.

Taking the cash up front in the next drawing would get you about $465 million (before taxes), while an annuity would get you the full amount (also, before taxes) in installments across 30 years. The cash value is $380.6 million.

The current Powerball jackpot has rolled 24 times to reach its highest level in seven months since October's run reached $687.8 million.

It would be the seventh-highest USA lottery jackpot ever.

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The buyers of three tickets shared the country's largest jackpot. After taxes Bailey, 67, walked away with a check for $125 million.

Choose five numbers between 1 an 69, and one Powerball number between 1 and 26.

Eight of those winners - with tickets from Florida, Illinois, North Carolina, North Dakota, New Hampshire, New York and SC - matched all but the red Powerball for $1 million.

And there are other ways to win. There are smaller prizes for tickets with fewer of the winning numbers.

Powerball is played in 44 states, Washington D.C., the U.S. Virgin Islands and Puerto Rico.

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