Powerball jackpot grows to $1.55 billion for Monday; cash option worth $679.8 million

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Powerball jackpot grows to $1.55 billion for Monday; cash option worth $679.8 million
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The Powerball jackpot has climbed to an estimated $1.55 billion for Monday night’s drawing after no one matched the game’s six numbers for the giant prize Saturday. The $1.55 billion prize is for a sole winner who is paid through an annuity, with annual checks over 30 years. Most jackpot winners opt for cash, which would be an estimated $679.8 million. The jackpot is now the fourth-largest U.S. lottery prize after rolling over for 34 consecutive drawings, since the last time someone won the top

FILE - Powerball lottery tickets are displayed Oct. 4, 2023, in Surfside, Fla. An estimated $1.4 billion Powerball jackpot that has been growing since July is about to be on the line. Saturday night’s jackpot is the world’s fifth-largest lottery prize after rolling over for 33 consecutive drawings. DES MOINES, Iowa — The Powerball jackpot has climbed to an estimated $1.55 billion for Monday night’s drawing after no one matched the game’s six numbers for the giant prize Saturday.

The $1.55 billion prize is for a sole winner who is paid through an annuity, with annual checks over 30 years. Most jackpot winners opt for cash, which would be an estimated $679.8 million.. That streak trails the record of 41 draws set in 2021 and 2022. The largest U.S. jackpot ever was aThe scarcity of Powerball jackpot winners reflects the game’s long odds of 1 in 292.2 million, which are designed to make winning rare so that grand prizes can grow huge.

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