Powerball jackpot reaches $1.5 billion after no ticket wins $1.25 billion jackpot

The Powerball jackpot jumped to an estimated $1.5 billion after no one won Wednesday night’s nearly $1.25 billion prize.

The winning numbers for this jackpot were 25, 33, 53, 62 and 66 with 17 Powerball balls.

Powerball said the new jackpot has an estimated cash value of $686.5 million.

The $1.5 billion jackpot will be the second largest in the game this year – The jackpot of $1.787 billion has been won September 6 in Missouri and Texas. It would also be the fifth-largest in Powerball history.

Wednesday’s drawing was the 44th since the jackpot was last won — the longest of its kind in a Powerball game.

To win the jackpot, the ticket must match the five white balls drawn during the drawing as well as the red Powerball ball. One grand prize winner will be You have the choice Of a total payment of $686.5 million or an annual payment consisting of one immediate payment followed by 29 annual payments increasing by 5% each year. Both options are before taxes.

the Odds of winning the jackpot It’s 1 in 292.2 million, according to Powerball, but Lottery jackpots have doubled in size over the past decade. Although the prizes are huge, the odds of winning remain exceptionally low.

In 2022, a single ticket sold in Altadena, California won the $2.04 billion jackpot, The largest in the history of Powerball and the lottery. The first Powerball drawing was in 1992.

Powerball tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands, and cost $2 each.

Powerball drawings take place every Monday, Wednesday, and Saturday at 11 PM ET.

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