Powerball’s $865M Jackpot Offers Another Chance To Win

4 weeks ago Didn’t win the giant Mega Millions jackpot?

Don’t fret. There is an $865 million Powerball jackpot up for grabs Wednesday night.

Like that $1.13 billion Mega Millions prize won Tuesday night, the Powerball jackpot has been growing for months. The last time someone won Powerball’s top prize was on New Year’s Day, meaning there have been 36 consecutive drawings without a winner.

The game’s odds of 1 in 292.2 million are designed to create big jackpots that will grab attention and increase sales.

The $865 million prize is for a sole winner who is paid over 30 years through an annuity. Winners usually opt for a cash payout, which for Wednesday night’s drawing would be an estimated $416.1 million.

Powerball is played in 45 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands.


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Someone in New Jersey overcame the odds and won the $1.13 billion Mega Millions jackpot, breaking a winless streak that dated to last December. State lottery officials say the winning ticket was sold at ShopRite Wines & Spirits of Neptune, which is located on the Jersey Shore. Until the latest drawing, no one had matched all six numbers and won the Mega Millions jackpot since Dec. 8. It’s tough to win the Mega Millions jackpot because the odds are so long, at 1 in 302.6 million. The prize is the 8th largest in U.S. lottery history. The $1.13 billion jackpot is for a winner who is paid through an annuity. Most winners choose a cash payout, which would be $537.5 million.