Entertainment
Massive Powerball Prize Surges to $1.9 Billion
Following a streak of three months without any victors, the jackpot is soaring to unprecedented heights.
Over the recent months, and especially in the past couple of weeks, avid lottery fans and occasional bettors have been closely monitoring the routine Powerball lottery draws. While numerous participants have scored the smaller cash rewards in recent games, the grand jackpot remains unclaimed. With each passing draw sans a winner, the grand prize escalates further in value.
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Following yet another weekend without any winners, the Powerball jackpot has now surged to an all-time high of $1.9 billion. In addition to the monetary milestone, the current Powerball jackpot is also on course to establish a record for the most successive draws with no winners. In 2021, a previous Powerball stretched to 41 back-to-back draws before a winner emerged; should the present jackpot endure another week, this record will be surpassed.
“Alongside the rest of the nation and the world, I believe we are all anxious to discover when this historical jackpot will eventually be claimed,” remarked Drew Svitko, Pennsylvania Lottery Executive Director and chair of the Powerball Product Group.
No winner yet! ?
The Powerball jackpot climbs to an estimated $1.9 billion following no match to all numbers in the Saturday night’s draw. https://t.co/xjB4StMgJ7
— ABC News (@ABC) November 6, 2022
The Powerball draws occur thrice weekly on Mondays, Wednesdays, and Saturdays at 10:59 PM Eastern Time. Tickets can be purchased in most parts of the United States for a fee of $2 per entry. Individuals who secure the jackpot can opt to receive the prize in a single lump sum or in gradual installments over the ensuing 29 years, although winners are cautioned that the prize sum is presented prior to factoring in federal and state taxes.
