Powerball drawing nears $935 million jackpot that has been growing for months

2024-12-26 09:28:26 source:lotradecoin crypto-to-crypto transactions category:Finance

DES MOINES, Iowa (AP) — Lottery players will have another shot Saturday night at a $935 million Powerball jackpot that has been growing larger and larger since the last winner nearly three months ago.

No one has won Powerball’s top prize since New Year’s Day, amounting to 37 consecutive drawings without a jackpot winner. That streak without a winner is nearing the record number of 41 consecutive drawings, set twice in 2022 and 2021.

The game’s long odds of 1 in 292.2 million makes it a rare jackpot. By making the top prizes hard to hit, jackpots can grow large and then attract more sales.

The $935 million prize is for a sole winner who chooses an annuity, paid over 30 years. Winners who opt for cash would be paid $452.3 million. The prizes would be subject to federal taxes, and many states also tax lottery winnings.

Powerball is played in 45 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

More:Finance

Recommend

A Malibu wildfire prompts evacuation orders and warnings for 20,000, including Dick Van Dyke, Cher

MALIBU, Calif. (AP) — Weather conditions were forecasted to improve this week in Southern California

Seattle Mariners fire manager Scott Servais in midst of midseason collapse, according to report

SEATTLE (AP) — The Seattle Mariners reportedly fired manager Scott Servais on Thursday with the team

Watch The Chicks perform the national anthem at the 2024 Democratic National Convention

The final day of the 2024 Democratic National Convention took place in Chicago on Thursday and was h