Powerball: The prize is approaching $1 billion

Des Moines – Saturday night there is another giveaway Powerballanother chance to win a jackpot approaching $1,000 million.

The $925 million prize is the ninth-largest lottery jackpot in the world, behind the previous two Powerball and Mega Millions jackpots, which each exceeded $1 billion.

The prize has grown so much because since July 19, 30 consecutive drawings have been held without a big winner. This series without a jackpot winner is due to the long game’s odds, of 1 in 292.2 million, which are designed so that wins are rare and big jackpots can grow.


Keep seeing more content

The $925 million prize goes to one winner who chooses the annuity, with annual payments for 30 years. Winners always choose the cash option, which will be worth $432.4 million in Saturday’s drawing. Federal taxes will be deducted from those winnings, and some states also impose a tax on large lottery prizes.

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

Visit our lottery website.

See also  Janet Yellen stressed that the United States will not lose control of inflation

Myrtle Frost

"Reader. Evil problem solver. Typical analyst. Unapologetic internet ninja."

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top