Powerball jackpot climbs to $ 414 million before Saturday's draw



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(Gray News) – Ten weeks have passed since the last Powerball jackpot win, but Saturday could be the day when someone will finally be lucky.

Powerball will draw the numbers for a grand prize estimated at $ 414 million Saturday at 11 pm. AND.

A jackpot winner will match the numbers of the five white balls and the red Powerball. The white balls will be numbered from one to 69 and the Powerball from one to 26.

Statistically, you only have one chance on 292.2 million to win the jackpot. Even in this case, it is possible to win smaller prices by matching fewer numbers.

Matching the numbers of the five white balls without the Powerball will always make you a millionaire, as was the case for three people in the draw of March 6.

Twenty-six people earned $ 50,000 by matching four white balls and the Powerball.

But if you had to beat the long odds and hit the jackpot, you would have an important decision to make: money or an annuity.

Taking the cash option will bring you all the money available in the prize pool. In this case, this represents approximately $ 247.9 million.

The annuity option will give you the full jackpot divided into 30 installments over 29 years. To fight against inflation, each payment will be 5% larger than the previous one.

Of course, federal and jurisdictional taxes apply to both options.

The draws will take place every Wednesday and Saturday night at 11 am ET until someone wins the jackpot. If no one wins, the jackpot will continue to rise.

Currently, he is the 16th highest in the history of Powerball.

When a jackpot winner is determined, the prize will be reset to $ 40 million.

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