Science

Powerball jackpot jumps to an estimated $800 million, second biggest jackpot ever

The already massive Powerball jackpot continues to grow and has now reached an estimated $800 million – the second largest and fifth largest ever in US lottery history.

Nearly $700 million of no winning tickets were sold for Wednesday night’s Powerball jackpot, the biggest game of the year. Powerball officials say that for Saturday night’s drawing, the grand prize will be at least about $800 million. This number may increase due to more and more ticket buying and selling.

Wednesday was the 36th time in a row that no one has won Powerball pot gold.

Powerball’s biggest jackpot was the largest ever jackpot won in any lottery anywhere in the world, reaching a whopping $1.586 billion in January 2016. It was shared by ticketholders in California, Florida and Tennessee.

Powerball jackpot winners have the option to receive their prize in an immediate lump sum, which will be equivalent to an estimated $383.7 million cash value if they win on Saturday, or in annuity. That option pays out the full jackpot amount in approximately 30 years. All this will be before tax.

Wednesday night’s winning numbers were a Powerball of 19, 36, 37, 46, 56 and 24.

Powerball offers nine ways to win. Lottery officials say six tickets were million dollar winners on Wednesday: two in California and one each in Connecticut, Illinois, Michigan and New York. He matched all five white balls, but missed taking it all because he had not guessed the correct powerball.

So far this year he has won the Powerball jackpot five times.

The odds of winning any prize are one in 24.9. But the chances of winning the jackpot are one in 292.2 million.

Powerball tickets cost $2 each and are sold in 45 states, the District of Columbia, Puerto Rico and the US Virgin Islands.

The Powerball drawing is broadcast live every Monday, Wednesday and Saturday at 10:59 p.m. ET and is streamed live on Powerball.com.

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