Powerball Lottery jackpot reaches $1.5 billion

Although the chances of winning are 1 in 292.2 million, according to the Multi-State Lottery Association, people in Hanover and Adams County are still buying their $2 Powerball tickets and testing their luck.

ESTEM High School math teacher, Mark O’Laughlin, said while the odds remain the same no matter the jackpot, with so many new faces playing, be prepared to share if you do win.

Last week online ticketing site theLotter.com reported a surge in Canadians purchasing Powerball tickets online.

Manitobans are crossing the USA border to try their luck at winning more than a billion dollars, the world’s largest lottery jackpot.

Head over to the USA Mega Jackpot Analysis site for a breakdown of every states’ tax rules in relation to the Powerball.

In fact, his ticket was just one number away from hitting the record jackpot. “There is always a chance that you might win”, said Waterman.

The world’s largest lottery jackpot has grown to $1.5 billion because of continuing strong Powerball ticket sales.

Where can I watch the Powerball jackpot drawing? The top IRS tax bracket is 39.6 percent so the victor would start with almost $562 million after some taxes. For example, in the past two years, Missouri and Tennessee have each been home to three Powerball jackpot winners.

Odds of winning are actually lower than previous jackpots.

The Powerball is played in 44 states, as well as the District, the U.S. Virgin Islands and Puerto Rico. The cash option for Wednesday’s drawing will be $868 million. The lottery rules changed in October giving players more numbers to choose from.

Seventy-five percent of all the possible combinations were purchased before Saturday’s drawing, Grief said, and he expects that enough tickets will be sold to cover about 80 percent by Wednesday.