It has been precisely 12 weeks since a Powerball ticket bought in Pennsylvania received the final grand prize. The jackpot grew fairly a bit within the meantime, and, after 35 consecutive rounds and not using a grand prize winner, stands at an estimated $700 million forward of Wednesday night time's drawing.
The anticipated fund is that this 12 months's largest jackpot to date, in line with Powerball, which elevated the sum from $680 million earlier this week. Additionally it is the fifth-largest Powerball jackpot and eighth-largest U.S. lottery jackpot.
Powerball's weekly drawings — which occur on Mondays, Wednesdays, and Saturdays — have yielded partial wins for gamers over the past three months. The newest drawing gave smaller wins to greater than 1.2 million ticket holders, who collectively acquired $13.7 million in money prizes, in line with the lottery.
There are 9 methods to win some amount of cash by coming into the sport, however so as to take house the grand prize, Powerball gamers should maintain tickets with numbers that match all six picked throughout a given drawing. On Aug. 3, a participant whose Pennsylvania ticket was an ideal match received the jackpot, which, on the time, amounted to $206.9 million.
That was the fifth Powerball grand prize received in 2022. In January, winners in California and Wisconsin cut up the $632.6 million jackpot earlier than a Connecticut winner took house the $185.3 million prize about one month later. In April, an Arizona ticket received $473.1 million, and, in June, the $366.7 million jackpot matched a lottery ticket bought in Vermont.
Those that finally declare the following Powerball jackpot have the choice to obtain their prize as both a direct lump sum, amounting to an estimated $335.7 million in money worth if somebody wins on Wednesday, or as an annuity. The latter possibility provides to pay out the total jackpot quantity over the course of roughly 30 years.
In response to Powerball, the chances of profitable any prize after coming into the sport are barely lower than 1 in 25, whereas odds of profitable the jackpot are about 1 in 292 million. The subsequent Powerball drawing is scheduled to be broadcast dwell on Wednesday night time at 10:59 p.m. ET. Drawings may also be streamed on-line at Powerball.com.