HomeNewsThe Powerball Jackpot reaches $785 million the 4th-largest in history

The Powerball Jackpot reaches $785 million the 4th-largest in history

Due to the fact that no ticket matched all six numbers in Saturday’s drawing, the jackpot has rolled over and is now a whopping $367 million, payable in a single lump sum.

According to a company statement, the only jackpots in Powerball history that were bigger than this one were the $2.04 billion jackpot in November 2022, the $1.586 billion jackpot in January 2016, and the $1.08 billion jackpot in July.

Powerball said that more than 1.5 million people around the nation won money in Saturday’s drawing. Three of these tickets (in California, Florida, and New York) matched all five white balls to win $1 million. For an extra dollar per play, one Michigan ticket was able to double its $1 million winnings by $2 million thanks to the Power Play® prize multiplier feature. 

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Thirty tickets won $50,000 rewards, and nine tickets won $100,000 awards on Saturday night, it said.

On July 19, someone in California claimed the previous Powerball jackpot of $1.08 billion.

Drew Svitko, head of the Powerball Product Group and executive director of the Pennsylvania Lottery, said in a press release that the current jackpot was just the third time in Powerball’s 31-year history that a jackpot has crossed the billion-dollar level.

A grandmother from Maryland who joked that she’d win the lottery ends up doing just that.

A passenger completing a ticket

There hasn’t been a jackpot winner in 28 draws.

Every Monday, Wednesday, and Saturday is a drawing day.

You may play Powerball in 45 different states, plus the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.

The chances of winning a prize on Powerball are one in twenty-nine.9, while the odds of winning the jackpot are one in two hundred and ninety-two million.

Landon Mion of FOX Business also provided insight for this article.

Abubakar is a writer and digital marketing expert. Who has founded multiple blogs and successful businesses in the fields of digital marketing, software development. A full-service digital media agency that partners with clients to boost their business outcomes.

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