Current:Home > Back$1.4 billion jackpot up for grabs in Saturday's Powerball drawing-DB Wealth Institute B2 Expert Reviews
$1.4 billion jackpot up for grabs in Saturday's Powerball drawing
View Date:2024-12-24 07:16:54
An estimated $1.4 billion jackpot is up for grabs in the next Powerball drawing on Saturday night.
It's the third-largest purse in the American lottery game's history. It's also the fifth-largest U.S. lottery jackpot ever, according to a press release from Powerball.
The grand prize, which has an estimated cash value of $643.7 million, ballooned even further above the $1 billion mark after no ticket matched all six numbers drawn on Wednesday night.
MORE: No match for Powerball numbers as jackpot reaches $1.4 billion
However, seven tickets -- two purchased in California, one in Colorado, one in New York, one in Pennsylvania and two in Texas -- matched all five white balls to win $1 million prizes. Three other tickets -- sold in Kentucky, Pennsylvania and Texas -- matched all five white balls and won $2 million prizes by including Power Play, a feature that allows a winner to multiply the original amount of non-jackpot prizes for an additional $1 per play, according to Powerball.
The jackpot was previously won on July 19, when a ticket purchased in California matched all five white balls and the red Powerball to claim $1.08 billion. Since then, there have been 33 consecutive drawings without a jackpot winner.
Jackpot winners can either take the money as an immediate cash lump sum or in 30 annual payments over 29 years. Both advertised prize options do not include federal and jurisdictional taxes.
MORE: Winning ticket for $1 billion Powerball jackpot sold in California
The jackpot grows based on game sales and interest, but the odds of winning the big prize stays the same -- 1 in 292.2 million, according to Powerball.
Powerball tickets cost $2 and are sold in 45 U.S. states as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
Powerball drawings are broadcast live every Monday, Wednesday and Saturday at 10:59 p.m. ET from the Florida Lottery draw studio in Tallahassee. The drawings are also livestreamed online at Powerball.com.
veryGood! (37816)
Related
- Love Is Blind’s Chelsea Blackwell Reacts to Megan Fox’s Baby News
- An Oregon resident was diagnosed with the plague. Here are a few things to know about the illness
- 45-year-old man arrested in Jackie Robinson statue theft that was not motivated by race, police say
- Georgia Senate moves to limit ability to sue insurers in truck wrecks
- Olympic Skier Lindsey Vonn Coming Out of Retirement at 40
- Fidelity Charitable distributes record-setting $11.8 billion to nonprofits in 2023
- How Hollywood art directors are working to keep their sets out of the landfill
- Kansas City mom charged after she 'accidentally placed' baby in oven, prosecutors say
- Voyager 2 is the only craft to visit Uranus. Its findings may have misled us for 40 years.
- Jon Stewart’s return to ‘The Daily Show’ felt familiar to those who missed him while he was away
Ranking
- Indiana in the top five of the College Football Playoff rankings? You've got to be kidding
- Love is in the air! Chiefs to celebrate Super Bowl 58 title with parade on Valentine's Day
- Migrants in Mexico have used CBP One app 64 million times to request entry into U.S.
- Tony Romo's singing, meandering Super Bowl broadcast left us wanting ... less
- Voters in Oakland oust Mayor Sheng Thao just 2 years into her term
- Antisemitism and safety fears surge among US Jews, survey finds
- Senate approves Ukraine, Israel foreign aid package
- How Bachelor's Sarah Herron Is Learning to Embrace Her Pregnancy After Son Oliver's Death
Recommendation
-
Jason Kelce collaborates with Stevie Nicks for Christmas duet: Hear the song
-
Steve Spagnuolo unleashed havoc for the Chiefs' defense in his Super Bowl masterpiece
-
What is Galentine's Day? Ideas for celebrating the Valentine's Day alternative with your besties
-
Kentucky lawmakers advance proposed property tax freeze for older homeowners
-
Angels sign Travis d'Arnaud: Former All-Star catcher gets multiyear contract in LA
-
Tiger Woods' Kids Are Typical Teens With Their Reaction to Dad's New Clothing Line
-
The secret to lasting love? Sometimes it's OK to go to bed angry
-
Julia Fox Wears Her Most Romantic Look Yet During New York Fashion Week