Powerball jackpot increases to $1.4B as ticket sales surge

Powerball officials announced Monday the jackpot for Wednesday’s drawing has grown to $1.4 billion.

Since the Iowa Lottery’s start in 1985, its players have won more than $3.5 billion in prizes while the lottery has raised more than $1.6 billion for state programs. Officials review the estimate daily.

If no one matches all five numbers plus the Powerball for Wednesday’s drawing, the jackpot will continue to grow.

While that might sound good in theory, there are approximately 292.2 million combinations you could play (the first five numbers range from 1 to 69, and the Powerball number ranges from 1 to 26). That puts the estimated cash value at $868 million. The jackpot is so big that billboards around the country have to advertise the prize as $999 million because they’re not built t…

Colorado has seen two Powerball jackpot winners since joining the multi-state game in 2001.

Fresh off scoring his 500th National Hockey League goal, a photo appeared on social media of Ovechkin buying Powerball tickets in Virginia with his father. “I don’t think they’re afraid of taking another shot”, Walsh said. “It’s insane. People are insane”.

It’s just the odds are astronomically small that it will be you. “We don’t have packages, just whatever amounts you want”, he said. Last year, the Pennsylvania Lottery generated over $1 billion to support benefit programs for older adults.

The new jackpot is the largest of any lottery game in US history.

Yes. The Carolina Hurricanes are for sale and owner Peter Karmanos has said publicly he thinks the team is worth $400 million U.S. That’s about $569 million Canadian. He said he is excited to spend his winnings on his family, including paying for his wife to finish college. “This way we wouldn’t have that much money”.

Even with 30% knocked off, you’ll still end up with $980 million USA over annual payments, so you’re not likely going to starve.