No Winner of $1.4 Billion Powerball Jackpot, Estimated Prize Now at $1.55 Billion
Key Highlights :
The Powerball lottery has been offering eye-popping jackpots since July 19, when one very lucky lottery player won a whopping $1.08 billion. On Saturday night, the estimated jackpot was $1.4 billion, but no one correctly matched all six numbers. As a result, the prize will be growing even larger to an estimated $1.55 billion, making it the third-largest prize in the Powerball's history and the fourth-largest jackpot in any U.S. lottery game.
The winning numbers for Saturday night's Powerball drawing were 47-54-57-60-65 with Powerball 19 and Power Play 3. While no one hit the jackpot, 10 tickets won at least $1 million. Ten tickets matched all five of the white ball numbers and are worth $1 million, with one ticket sold in California, one in Kansas, one in Louisiana, two tickets in Massachusetts, one in Michigan, one in Ohio, two in Texas and one in Wisconsin. Two more tickets matched all five of the white ball numbers and chose the optional Power Play, meaning they're worth $2 million. Those tickets were sold in Iowa and Maine.
The lengthy streak without a jackpot winner is due to the game's long odds, 1 in 292.2 million, that are designed to make winning rare so grand prizes can grow large. Even with the smaller lump sum payout, federal taxes will eat into those winnings, and some states also tax big lottery prizes. Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
A jackpot winner Monday will get either the full $1.55 billion paid out over 30 years, or a cash payout of $679.8 million. Winners almost always take the cash option. It's also the first time in the game's history that back-to-back cycles have generated billion-dollar prizes, according to Powerball.
The Powerball drawing takes place live at 10:59 p.m. Eastern every Monday, Wednesday and Saturday. Tickets, which cost $2 per play, are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. The odds of winning the Powerball jackpot are one in 292.2 million.
Over the past few years, huge lottery jackpots have become more common as lottery officials have changed the rules and ticket prices to boost top prizes. Powerball's biggest change came in 2021 when officials decided to add a Monday drawing to its weekly lineup of Wednesday and Saturday evening drawings.
The Powerball lottery continues to offer huge jackpots, so now is the perfect time to get in on the action. With the estimated $1.55 billion jackpot up for grabs, you could be the next big winner. Good luck!
