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With no weekend winner, Powerball jackpot swells to $1.3B
Wednesday’s $1.3 billion jackpot will be almost double a 2012 Mega Millions jackpot of $656 million that had been the record for the largest lotto jackpot in USA history.
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Jennifer Rawashdeh enters tickets as customers wait in line at the Eagle Market Store to buy Powerball lottery tickets in Sherman Oaks area of Los Angeles. on Saturday, Jan. 9, 2016.
Nobody can seem to win the jackpot, but the Powerball lottery has made dozens of new millionaires. No matter how big the jackpot gets, it’s hard to win.
Lottery officials say 75 percent of the 292.2 million number combinations were purchased ahead of Saturday’s drawing.
Lottery officials say the prize has swelled to an estimated $1.3 billion – the world’s largest.
Sorry, you did not win.
Powerball officials will allow you to purchase all possible combinations, but it isn’t a smart thing to do.
This jackpot began November 4th, and has ballooned over the past few weeks. Winners can also choose the cash prize, which is the total amount now up for grabs, but that is “only” $868 million.
The winning numbers – 16-19-32-34-57 and Powerball number of 13 – did gain some people a little wealth: 25 tickets won $1 million by matching five numbers, and three other tickets won $2 million because they paid extra to multiply smaller prizes.
Roughly 95 percent of Powerball tickets are computer-generated quick picks, so people’s favorite numbers aren’t really a factor. He said he will buy another $20 worth of tickets even if thinking about winning more than a billion dollars scares him a bit. “In fact, according to a 2015 study by the Camelot Group, 44 percent of winners spend their entire winnings within five years”.
Montecelo, 50, said he would retire and donate some of that money and work on administering the rest.
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One of them was Andrew “Jack” Whittaker of West Virginia, who took a $170 million lump sum in 2002.