The Powerball jackpot rose to an estimated $1.1 billion after there have been no winners in Saturday’s night time drawing. It’s the second-largest jackpot this yr and the twelfth to cross the $1 billion threshold up to now 5 years.
The profitable numbers had been 1, 28, 31, 57 and 58 with a Powerball of 16. Whereas nobody took dwelling the jackpot, 5 ticket holders throughout the nation gained $1 million and two ticket holders gained $2 million, in response to Powerball.
The biggest jackpot this yr was in September, valued at $1.787 billion earlier than taxes. That went to 2 winners from Missouri and Texas who break up the prize. They took the lump sum, $410 million earlier than taxes, and different lottery winners have completed the identical.
The lump sum is what’s really within the jackpot pool paid out as soon as. This jackpot’s lump sum is $503.4 million earlier than taxes, a development of over $74 million since Wednesday.
It’s usually decrease than the annuitized prize plan, which is 30 escalating funds accounting for curiosity over 29 years. Lottery corporations promise to speculate the cash for the next return. They use this quantity, which is earlier than taxes, for promoting.
The odds of profitable Powerball’s jackpot are 1 in 290.2 million. The following drawing is about for tonight at 10:59 p.m. ET.
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