The Powerball Jackpot reached over 1 billion dollars after Saturday’s drawing when no one had the winning ticket.
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At the time of the last drawing on Saturday night, more than three-quarters – or more than 227 million – of the possible combinations had been purchased.
The Powerball drawing will take place on Wednesday night.
I know the odds of the jackpot are approximately 1 in 292 million.
The jackpot has been accruing since November 4, 2015, when the last Powerball jackpot was claimed by a victor in Tennessee.
The winning numbers for that drawing were 16-19-32-34-57, and the Powerball number was 13.
The odds of matching all six numbers to win the jackpot are one in 292.2 million. As lottery jackpots climb beyond $200 million, occasional players start buying tickets, lottery officials in several states have said. Two of the tickets were eligible for second-prize payouts of $1 million each, AZCentral reported.
More of your pressing questions about Powerball are answered below.
Could you game the system and guarantee yourself a $1.4 billion Powerball jackpot?
Powerball works like this: Players have to select 6 total numbers in the hopes that all 6 match the randomly drawn numbers.
Officials with the Multi-State Lottery Association say one of the most frequent complaints is that all the winners seem to be from certain states.
To have a little more luck, you might want to let the computer pick the numbers for you. Powerball fever must not have spread to the U.S. Virgin Islands, which also had just 10 winners per 1,000 people.
The 25% Federal tax deduction from the lump sum would ding an additional $139.5 million, leaving the victor with $418.5 million.
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Why? Because the tougher it is to win, the more the jackpot grows, and the more the jackpot grows, the more people will fall into the hype and purchase a ticket.
