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Wednesday, 2 November 2022

[New post] Powerball Jackpot Climbs to $1.2 Billion for Wednesday Drawing

Site logo image David M. Higgins II, Publisher/Editor posted: " The Powerball® jackpot has climbed to an estimated $1.2 billion ($596.7 million cash) for the next drawing on Wednesday, Nov. 2. The jackpot rolled after no ticket matched all six numbers drawn Monday night – white balls 13, 19, 36, 39, 59 and red Powerb" The Southern Maryland Chronicle

Powerball Jackpot Climbs to $1.2 Billion for Wednesday Drawing

David M. Higgins II, Publisher/Editor

Nov 2

The Powerball® jackpot has climbed to an estimated $1.2 billion ($596.7 million cash) for the next drawing on Wednesday, Nov. 2. The jackpot rolled after no ticket matched all six numbers drawn Monday night – white balls 13, 19, 36, 39, 59 and red Powerball 13.

If a player wins Wednesday's jackpot, it will be the second-largest jackpot in Powerball history, only behind the world record $1.586 billion Powerball jackpot, and the fourth-largest jackpot in U.S. lottery history.

Despite there being no jackpot winner in last Monday's drawing, more than 5.4 million tickets won cash prizes totaling $59.5 million in the Halloween night drawing. Big winners include 10 tickets (CA-2, FL, IN, MI, NY, OH-2, TX-2) that matched all five white balls to win a $1 million prize. Three tickets (FL, NY, OK) matched all five white balls and increased the $1 million prize to $2 million by including the Power Play® option for an additional $1 per play. There were also 134 tickets nationwide that won a $50,000 prize, and another 23 tickets that won a $150,000 prize.

Wednesday's jackpot has grown to be Powerball's largest prize in more than six years. The Powerball jackpot was last hit on August 3 in Pennsylvania. Since then, there have been 38 Powerball drawings in a row without a grand prize winner.

Powerball tickets are $2 per play. Tickets are sold in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. More than half of all proceeds from the sale of a Powerball ticket remain in the jurisdiction where the ticket was sold. Powerball drawings are broadcast live every Monday, Wednesday, and Saturday at 10:59 p.m. ET from the Florida Lottery draw studio in Tallahassee. Powerball drawings are also live-streamed online at Powerball.com.

Jackpot winners may choose to receive their prize as an annuity, paid in 30 graduated payments over 29 years, or a lump sum payment. Both advertised prize options are prior to federal and jurisdictional taxes.  The overall odds of winning a prize are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million.

To date, Powerball holds the world record for the largest jackpot set in 2016. The record $1.586 billion jackpot was shared by winners in California, Florida, and Tennessee.

Top 10 Powerball Jackpots

1. $1.586 Billion – Jan. 13, 2016 – CA, FL, TN

2. $1.2 Billion (Est.)  - Nov. 2, 2022

3. $768.4 Million – March 27, 2019 – WI

4. $758.7 Million – Aug. 23, 2017 – MA

5. $731.1 Million – Jan. 20, 2021 – MD

6. $699.8 Million – Oct. 4, 2021 – CA

7. $687.8 Million – Oct. 27, 2018 – IA, NY

8. $632.6 Million – Jan. 5, 2022 – CA, WI

9. $590.5 Million – May 18, 2013 – FL

10. $587.5 Million – Nov. 28, 2012 – AZ, MO

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