The Powerball jackpot for Monday night has reached an estimated $975 million after no one won the grand prize in Saturday’s drawing. The winning numbers for Saturday were 12, 13, 33, 50, 52 with a Powerball of 23. The jackpot amount increased from $935 million due to no tickets matching all six numbers in Saturday’s drawing. A jackpot winner in Monday’s drawing can choose to receive the money in annuitized payments or take a lump sum estimated at $471.7 million.
Despite no grand prize winner on Saturday, four tickets won $1 million each by matching the first five numbers. These tickets were sold in Illinois, Louisiana, Michigan, and Pennsylvania. The Powerball grand prize was last won in January in Michigan with a $842.4 million jackpot. Since then, there have been 38 consecutive drawings without a jackpot winner. The largest Powerball jackpot and the largest US lottery prize ever won was $2.04 billion by a ticket purchased in California in November 2022. This is followed by prizes of $1.765 billion, $1.586 billion, and $1.08 billion.
To win the Powerball jackpot, a ticket must match all five white balls plus the red Powerball. The odds of winning any prize in a Powerball drawing are 1 in 24.9, while the odds of winning the jackpot are 1 in 292.2 million. Powerball tickets cost $2 per play and are sold in 45 states, the District of Columbia, Puerto Rico, and the US Virgin Islands. Drawings are held Mondays, Wednesdays, and Saturdays at 10:59 p.m. ET in Tallahassee, Florida. The Powerball jackpot has been growing steadily due to the lack of a grand prize winner in recent drawings.
The excitement surrounding the massive Powerball jackpot has led to a surge in ticket sales as people hope to win the life-changing sum of money. With the chance to choose between annuitized payments or a lump sum, winners have the opportunity to carefully plan how they would use their newfound wealth. The Powerball lottery has created many multimillionaires over the years, adding to the allure of playing for a chance to win. The odds may be slim, but that hasn’t stopped millions of Americans from dreaming of hitting the jackpot and becoming instant millionaires.
As the Powerball jackpot continues to climb, more and more people across the country are getting in on the action, purchasing tickets in the hopes of winning big. The Powerball draw has become a national event, with people eagerly checking their numbers and waiting for the winning results. The anticipation of the next drawing and the excitement of the possibility of winning keeps players coming back for more. The chance to join the ranks of past Powerball winners who have become overnight millionaires is a dream that many Americans share, making the upcoming drawing even more enticing for those feeling lucky.
