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Biggest lottery prize in over eight months to be won in Saturday night’s Powerball draw
DES MOINES, Iowa – The biggest lottery prize in over eight months will be up for grabs in Saturday night’s Powerball draw.
The Powerball jackpot has slowly climbed to around $ 635 million thanks to 39 consecutive draws without a big winner, a record-breaking streak for the game dating back to June 5. There hasn’t been a bigger Powerball jackpot since a prize of $ 731.1 million was won. January 20. Saturday’s grand prize would be the 10th largest US lottery jackpot ever to be won.
Since August 23, Powerball draws have been held three times a week to increase interest and raise prices faster. The draws take place every Monday, Wednesday and Saturday at 10:59 p.m. EDT.
One thing that hasn’t changed, however, is the long odds of hitting the jackpot – one in 292.2 million.
The estimated jackpot amount refers to the winners who choose to be paid via an annuity over 29 years. Most winners prefer the cash option, which for Saturday’s draw would be estimated at $ 450 million before taxes.
Powerball is played in 45 states plus Washington, DC, Puerto Rico, and the US Virgin Islands.
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