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.
Advertisement
Everyone’s buzzing to see if one lucky person will claim the $900 million Powerball lottery winnings.
The odds of winning the Powerball are 1 in 292 million. The jackpot has been swelling since November 4, when it began with $40 million.
Sales in Minnesota for the Saturday, Jan. 9 drawing topped $13.1 million, breaking the previous record of $10.8 million set in 2012. According to Powerball officials, about 75 percent of those playing Powerball use the quick pick, where the computer randomly selects five numbers representing the white balls, and one representing the Powerball. That increases the chances – but doesn’t guarantee – that someone will win the jackpot.
While it’s unclear how many people in each state bought a ticket, Powerball released the number of people in each state who won.
With the Powerball jackpot the highest it’s ever been, everybody’s looking for an edge in this week’s drawing.
The jackpot is worth US$930 million if a victor chooses an immediate cash payout instead of annual payments over 29 years, according to the Multi-State Lottery Association. The power play doesn’t affect the top prize, so $3 billion is not on the table, sorry. So far, in drawings for the current jackpot, 67 tickets have won millionaire-making prizes: 59 winning tickets for $1 million and eight for $2 million. You don’t want to blow it all in one spot. The cash option for Wednesday’s drawing will be $868 million. He developed an app called Lotto Lotto that alerts lottery players if they have a winning ticket.
Advertisement
So assuming you live in NY (where the state tax peaks) the final lump sum value is $369,284,400.
