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powerball treasure It has increased to $1.5 billion after no one won the prize After Wednesday’s drawing.
It’s just time to get some rest holiday shopping pressurePowerball’s $1.5 billion jackpot will next be awarded on Saturday, December 20. Fifth largest Powerball jackpot The seventh-largest jackpot in the history of the game and among all American lotteries.
If someone wins and takes the payout, they would take home approximately $572.1 million if they choose the lump sum option. Lottery winnings are heavily taxed. The automatic 37 percent goes to the federal government. Some states will also tax lottery winnings between 2.9 and 10.9 percent.
The most recent drawing took place on Wednesday. The numbers called in that drawing were 25, 33, 53, 62, and 66, with a red Powerball of 17 and a 4x Power Play multiplier.
No one won the jackpot, but two tickets sold in Arizona and Massachusetts each reached $2 million through a five-number match and the correct Power Play multiplier. Six tickets each won $1 million after matching five numbers. Three of those tickets were sold in New York, and one ticket each was sold in Connecticut, Pennsylvania, and Tennessee.
The last Powerball win was on September 6. There have been 44 draws since then, and none have produced a jackpot winner.
It’s not for lack of trying.
Millions of people play Powerball each drawing – and these numbers increase during big jackpot drawings – but even with a huge player base, the expectations of winning are still quite low.
The odds of actually winning the Powerball jackpot are 1 in 292.2 million. For perspective, the chances of being struck by lightning twice are 1 in 19 million. The chances of being eaten by a shark – and not just bitten – are 1 in 264 million.
Despite the old lotto gambler’s adage that “someone’s bound to win,” they’re not actually in the Powerball drawing, at least not right away. Players may chase the jackpot for weeks or months only to find themselves losing, but may not even see another player win.
The game’s ridiculous odds allow it to grow and grow until it leads to staggering jackpots, like the $1.5 billion December 20 offering. In 2016, the jackpot cleared $1.5 billion and was split between three people. In 2023, the jackpot reached $1.765 billion and was won by a player from California. In September, the jackpot reached $1.787 billion and was won by two players in Missouri and Texas.
The largest jackpot in the history of the game was cleared at $2 billion. She took home the 2022 award to California.
The next drawing is scheduled to take place at 10:59 pm ET and will be live streamed on Powerball.com.