This summer, the Powerball lottery made headlines when a fortunate Californian player clinched the third-largest jackpot in its history, a jaw-dropping $1.08 billion. As the year progresses, the Powerball jackpot continues to capture imaginations, surviving the latest drawing on Saturday and now setting its sights on becoming the fourth largest in history.
The upcoming Powerball drawing, scheduled for Monday, September 25, 2023, is expected to propel the jackpot to an impressive $785 million. This estimate encompasses the option for the winner to choose between an immediate payment or 29 annual payments, each with a 5% increase per year.
However, there’s also a tempting cash option available. Winners can opt for a lump sum payment, which currently stands at $367 million. While it falls short of the $785 million, it is undoubtedly a life-altering sum. Since the last Powerball jackpot was claimed in July, there have been 28 consecutive drawings without a grand prize winner.
Powerball, one of the most popular lottery games in the United States, is available in 45 states, the District of Columbia, the US Virgin Islands, and Puerto Rico. Drawings take place on Mondays, Wednesdays, and Saturdays. For an additional $1 per game, the Power Play feature can multiply prize amounts, offering the potential for substantial payouts even for lower-tier prizes.
The largest Powerball jackpot in history was won in November of the previous year when a lucky player from California correctly matched all the white ball numbers and the red Powerball number, securing an astonishing $2.04 billion.
Over 1.5 Million Lucky Winners in Latest Drawing
In the recent Saturday drawing, the winning numbers were 1, 12, 20, 33, 66, and the red Powerball number, 21. While no one matched all the numbers to claim the jackpot, more than 1.5 million tickets across the US secured prizes in various tiers.
Notably, three tickets, sold in New York, Florida, and California, correctly matched all the white ball numbers, each earning a $1 million prize. Meanwhile, a fortunate ticket holder from Michigan, who opted for the Power Play option for an additional $1, doubled their prize to $2 million by matching all five white ball numbers. Additionally, 30 ticket holders from the Saturday night drawing secured $50,000 prizes each for correctly matching four white ball numbers, while nine ticket holders won $100,000 prizes each. Over 1 million ticket holders secured lower-tier prizes ranging from $200 to $8.
As the Powerball jackpot continues to climb, excitement builds among players across the nation, offering a glimmer of hope for one lucky individual to claim a life-changing fortune in the near future.
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