The victor can choose to be paid the full jackpot in annual installments over 29 years or take a one-off cash payment of $930 million before taxes.
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The payout has increased due to strong ticket sales on Monday, said Texas Lottery Commission spokeswoman Kelly Cripe.
“Every dummy with $2 is buying a Powerball ticket tonight, but let’s make sure daily fantasy sports and online poker are illegal”, Joe Wanninger, an entrepreneur from Indianapolis, tweeted. The former record Powerball jackpot was $590.5 million, won in May 2013 by a Florida woman.
The odds of matching all five numbers and the Powerball number are about 1 in 293 million, according to the Powerball website. The pot has grown to $1.5 billion.
On Sunday, more than $90 million in Powerball tickets were sold.
“They take birthdays, anniversaries, but the problem is that all of their numbers are going to be between 1 & 31 because the most number of days in the month is 31 right?” If you match all of the first five numbers (in any order) as well as the red Powerball number, you’ll be extremely wealthy.
“I’ve worked at the lottery commission for more than 20 years”. A chance for the jackpot is what is motivating players from Alabama, Hawaii, Nevada, Alaska, Utah and Mississippi.
Despite how tempting the $1.5 billion jackpot is, the odds of winning the Powerball are still 1-to-292.2 million.
Before reaching $1.3 billion on Saturday night, Powerball produced many winners across Pennsylvania – including a $1 million victor, seven winners of $150,000, numerous $50,000 winners and more. Colorado will also implement a 4 percent state tax.
The tickets will be split evenly among four locations where events will be held Wednesday.
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In the Syracuse area, you can tune in to watch the Powerball drawing live on WSYR-TV, channel 9.
