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No one beats the terrible odds to win the top prize, and the Powerball jackpot rises to $835 million

By 09/26/2023 10:48 AMNo CommentsBy YidInfo Staff

 

After no one managed to overcome the astronomical odds and win the grand prize on Monday night, the Powerball jackpot increased to an estimated $835 million.

These were the lucky numbers: 10, 12, 22, 36, 50, and 4. With the most recent lottery loss, there have now been 29 straight draws since a player in California won $1.08 billion on July 19 without a jackpot winner.

The dismal odds of winning the Powerball jackpot, which stand at 1 in 292.2 million, are to blame for that fruitless stretch.

The highest awards are so big because of the extremely long odds, which keep the jackpot rolling over week after week.

To win $1 million, three people in Florida and one in Oregon had to match five numbers.

The new jackpot is among the biggest in the world, surpassing the $1 billion grand prizes won in the Powerball and Mega Millions games. The largest jackpot was a $2.04 billion Powerball win made in California in November 2022.

Although the game emphasizes the $835 million reward, the winner will really receive their money in the form of an annuity over a 30-year period.

The cash payout option, which for the following drawing on Wednesday night will be estimated at $390.4 million, is virtually invariably chosen by winners.

Federal taxes on the enormous jackpot would also be due, and some states additionally tax lottery wins.

In 45 states, as well as Washington, D.C., Puerto Rico, and the United States, Powerball is played. Caribbean islands.

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