The Powerball jackpot that started rolling terzetto months agone testament go the largest lottery award ever so won– if someone wins the grand value on Saturday, Nov 5. Game officials increased the Powerball jackpot gauge Friday morning to a enter $1.6 billion.
The chance of a single fine hitting this jackpot is only when almost 1 inward 292 million, mettlesome officials report. And odds same that are the main reason out Saturday’s draftsmanship will perhaps live the 40th without a jackpot winner since August 3, when a ticket inwards Pennsylvania matched all half-dozen numbers drawn for $206.9 million.
If no more i wins Saturday’s jackpot, it testament bind the gamy record book for the list of sequent drawings without a grand value winner. The longest jackpot go inward Powerball story ended on Oct. 4, 2021, when a just the ticket inward Calif. won a $699.8 meg jackpot on the 41st drawing.
That $1.6B Wouldn’t ALL live Yours
Of course, that $1.6 1000000000000 is pretax money, as any controller testament point out. (It’s also pre-accountant, for that matter.) Furthermore, you’ll get that pretax amount as an annuity spreadhead o'er III decades. The upfront immediate payment alternative — which most jackpot winners select — for this drawing is $782.4 million. And that’s relieve pretax and pre-accountant.
These days, the annuity choice is bigger than it previously was, relative to the hard currency option, due to higher involvement rates that facilitate larger annuitized prizes, according to the Multi-State Lottery Association, which runs Powerball.
Saturday’s estimated jackpot has surpassed the world-record amount previously exercise set by Powerball inwards 2016, when tickets inward California, Florida, and Tennessee won a $1.586 billion jackpot.
The next Powerball drawing off testament accept localize at the Florida Lottery draw play studio inward capital of Florida at 10:59 p.m. ET on Saturday, November 5. Ticket sales agreement cut-off times variegate by jurisdiction, but typically come 1-2 hours before the scheduled drawing.
Powerball tickets are $2 per play. Tickets are sold inward 45 states, the District of Columbia, Puerto Rico, and the US Virgin Islands.
Top 10 Powerball Jackpots
- $1.6B (est.) – Nov. 5, 2022
- $1.586B – Jan. 13, 2016 – CA, FL, TN
- $768.4M – Mar 27, 2019 – WI
- $758.7M – Aug. 23, 2017 – MA
- $731.1M – Jan. 20, 2021 – MD
- $699.8M – Oct. 4, 2021 – CA
- $687.8M – Oct. 27, 2018 – IA, NY
- $632.6M – Jan. 5, 2022 – CA, WI
- $590.5M – May 18, 2013 – FL
- $587.5M– Nov. 28, 2012 – AZ, MO