A world lottery report has been set.
The Powerball jackpot that began rolling three months in the past has turn into the world’s largest lotto prize ever provided. Lottery officers elevated the Powerball jackpot estimate Friday morning to a report $1.6 billion for the Saturday, Nov. 5 drawing.
The jackpot has a money worth of $782.4 million.
Saturday’s estimated jackpot has surpassed the world report quantity beforehand set by Powerball in 2016, when tickets in California, Florida and Tennessee gained a $1.586 billion jackpot.
“This Powerball game is delivering exactly what our players want,” stated Drew Svitko, Powerball Product Group Chair and Pennsylvania Lottery Executive Director. “We are witnessing history in the making with this $1.6 billion jackpot. What’s also exciting is that this run has already created millions of winners, including nearly 100 players who have won prizes worth $1 million or more.”
The subsequent Powerball drawing will happen on the Florida Lottery draw studio in Tallahassee at 10:59 p.m. ET on Saturday, Nov. 5. Ticket sale cut-off occasions differ by jurisdiction, however sometimes happen 1-2 hours earlier than the scheduled drawing.
“There’s a lot of anticipation and excitement leading up to Saturday’s drawing,” Svitko stated.
Saturday’s drawing would be the fortieth Powerball drawing because the jackpot was final gained on August 3 in Pennsylvania. If nobody wins the jackpot in Saturday’s drawing, it’ll tie the sport report for the variety of consecutive drawings with no grand prize winner. The longest jackpot run in Powerball historical past ended on Oct. 4, 2021, when a ticket in California gained a $699.8 million jackpot on the forty first drawing.
Powerball tickets are $2 per play. Tickets are offered in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. More than half of all proceeds from the sale of a Powerball ticket stay within the jurisdiction the place the ticket was offered.
Jackpot winners could select to obtain their prize as an annuity, paid in 30 graduated funds over 29 years, or a lump sum fee. Both marketed prize choices are previous to federal and state taxes.
The odds of successful the jackpot are 1 in 292.2 million.
