The Powerball jackpot has once again increased to an incredible $1 billion after no winning ticket was sold in the latest drawing, as reported by the AP. The white balls drawn for Monday’s drawing were 5, 8, 9, 17, 41, and the red Powerball was 2. Initially estimated at $900 million, the new jackpot for Wednesday’s drawing is now the third highest in US history and will continue to grow until a winner is found. Ticket buyers have the option of receiving $1 billion in yearly installments or a one-time lump sum of $516.8 million (before taxes). Additionally, three lucky individuals won $2 million by matching all five numbers plus the Power Play. These winning tickets were sold in Arkansas, Georgia, and Texas.
In addition, five people won $1 million each by matching all five numbers. These fortunate winners purchased their tickets in Connecticut, Florida, Kentucky, New York, and Pennsylvania. The game’s odds of winning, at a staggering 1 in 292.2 million, are intentionally designed to create large prizes that attract more players. The largest ever Powerball jackpot was a record-breaking $2.04 billion in November of last year. The most recent Powerball jackpot winner emerged on April 19, claiming a top prize of nearly $253 million. Since then, there have been 38 consecutive drawings without a grand prize winner. Powerball is played in 45 states, as well as Washington, DC, Puerto Rico, and the US Virgin Islands.
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