The world’s largest lottery jackpot is up for grabs in a highly anticipated drawing Wednesday night. The Powerball jackpot has already rolled 19 times since November 7, 2015 because no one won the prize.
Advertisement
“We invite players out to be one of the first in line to get a the free ticket, have their picture made with the actual Powerball check that will be awarded if someone in Kentucky wins, meet the Powerball mascot, and just enjoy this great moment in our history”, said Gleason. Two weeks ago it was a mere $400 million, but it’s since tripled to hit $1.5 billion.
The jackpot is worth $930 million if a victor chooses an immediate cash payout instead of annual payments over 29 years, according to the Multi-State Lottery Association. By mid-afternoon all 500 of the tickets they’d initially bought had been sold.
The federal government will tax 25 percent of your winnings.
In Utah, people have been crowding gas stations to buy tickets along the border with Wyoming and Idaho, but the state constitution bans all forms of gambling.
The odds of winning the jackpot are long – 1 in 292 million – but eventually someone or several people in places where Powerball is played will capture the jackpot.
Here’s a list of things that are more likely to happen to you than winning the Powerball jackpot listed from least likely to most likely. The next drawing is Wednesday at 10:59 pm ET.
There have been reports of warnings at the border that you can buy a Powerball ticket and take it back to Canada, but then you can’t bring it back into the U.S. The state that features slots in nearly every grocery store, airport and bar is one of six that shuns the lottery, fearing it would undercut the dominant casino industry.
Advertisement
Lottery officials call the jackpot “unprecedented”.
