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With no weekend winner, Powerball jackpot swells to record $1.3 billion
Lottery officials say the prize has swelled to an estimated $1.3 billion – the world’s largest.
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And the jackpot could grow even more before Wednesday’s drawing if ticket sales remain intense. Some see it as a serious gambling addiction that needs to be treated, others view it as harmless fun that could one day pay off and others see it as a form of religious idolatry.
It matched all five white balls – 16, 19, 32, 34, 57 – in Saturday’s drawing but failed to match the Powerball of 13.
Content Preview This content is exclusive for Optimum, Time Warner, Comcast, customers with access to News 12. Other people, said, came in later bemoaning the fact that they had lost.
So in Texas, billboards are advertising the prize as $999 million. One hopeful thought: Scott A. Norris, an assistant professor of mathematics at Southern Methodist University, says your tiny odds improve a bit if you let the computer pick your numbers rather than choosing yourself. Those reminded that gambling (playing a slot machine) gives everyone similar odds of winning, once again bought nearly twice as many tickets as those not given such a reminder. If you win, you have two options: a cash payout or annuity jackpot.
The next Powerball drawing will deliver results at approximately 11 p.m., ET., and hopefully there will be one or more jackpot winners. With 292 million possible number combinations, it would cost you $584 million to buy enough tickets to guarantee a win, but don’t forget, that $868 million lump sum comes with a sizable income tax bill. “It shows you how hard it is to win”. “Who needs that much money?”
Matthew Brewer said he isn’t a regular Powerball player.
“I think I would go into a state of anxiety, but it would be a good anxiety”, he said, smiling.
“I would have to open an office and get a team of experts”. “That would be a full-time job”.
Eight lottery tickets purchased in Iowa have won Powerball jackpots.
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The Rolling Cash 5 jackpot for the next drawing is $144,000 for hitting all five numbers and the odds of winning are 1-in-575,757.