Powerball Grand Prize
With the lottery’s grand prize estimated to be around $500 million, it’s hard to see how the prize can go any higher than that. It has been increasing in size for several months, and on Monday night’s drawing the jackpot topped that mark, making it the eighth-largest jackpot in U.S. history. With that amount in play, the next drawing is on January 3, and the top prize will be even bigger.
The odds of winning the Powerball jackpot are one in 292 million. The winner can choose to receive a lump-sum payout or an annuity. The federal government will take about 24% of the prize money, making it the sixth largest jackpot in the history of the lottery. The jackpot was originally estimated at $575 million, but it ballooned to more than $610 million as strong ticket sales caused the draw to increase by a few dollars.
There’s no Powerball jackpot winner as of Monday, but it’s the highest since January 20, 2016 when a Connecticut ticket won $699 million. The lottery is still offering a $384 million cash option, which means you can still win the big prize. However, the jackpot is now at a record-breaking $416 million. But it’s important to remember that the grand prize is a cumulative total, not just a single drawing.
Powerball Grand Prize Still Up For Grabs
The jackpot is still up for grabs, but it’s still a long way off. Despite a few draws since it topped $675 million three months ago, no one has won it. As of Monday night, the top prize has climbed to an estimated $522 million. But the cash value of the jackpot is even greater: $371.5 million. The next drawing will be held on January 3, 2019.
While the odds of winning the Powerball jackpot are still low, it’s still a good time to buy tickets. While the odds of winning a lottery jackpot are always high, the jackpot will be even larger for the next drawing. With the money in the bank, it can help you start your new life with a new home or a better job. If you’re lucky enough to win, don’t wait. There are still plenty of other ways to win a lot of money.
After the powerball jackpot rolled over 39 times since Sept. 28, the grand prize was $569 million. That means that no one has won the Powerball jackpot. The odds are now one in 292.2 million. This makes the grand prize of the lottery more than $600 million. The jackpot is still up for grabs, and the winner can take a lump sum payment or an annuity. As of Oct. 6, the estimated cash value of the jackpot is $416 million, the sixth-largest Powerball jackpot ever.