Powerball Lottery Jackpot Continues to Grow
LISTEN TO THIS ARTICLE:Another Saturday has gone by without no one clinching the Powerball Lottery Jackpot, thereby increasing the prize to a massive $650 million.
It was the 34th consecutive time the drawing had taken place without a winner. The pot grew by $20 million, boosting the jackpot prize to $650 million ahead of the upcoming Monday Night drawing.
The winning numbers drawn on Saturday were 7, 23, 24, 32, and 43, with a red Powerball number of 18. Additionally, the Power Play multiplier for the draw was 2X.
Although no one claimed the grand prize, there were other winnings. According to Powerball, three tickets sold in California, Illinois, and Colorado matched the first five numbers for a prize of $1 million each.
The last time a ticket holder won the Powerball jackpot was April 19 in Ohio when a ticket matched all five white balls and the red Powerball, resulting in an impressive prize worth $252.6 million.
At $650 million, Monday's jackpot would be the ninth-largest Powerball jackpot and second-largest this year.
The largest Powerball jackpot winning on record was in November 2022, when a single ticket sold in California matched all six numbers for a record-breaking $2.04 billion payout.
At that time, the prize had grown for more than three months. The odds of winning it were roughly one in 292.2 million. The winner, Edwin Castro, opted for a lump sum payment and received $997.6 million pre-tax.
Lottery winners can choose between receiving their winnings in an annuity, with payments spread out over 30 years, or a single lump sum payment in a smaller amount. Most Powerball winners had opted for the second option.
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