There were no big treats from the Halloween night Powerball drawing, as none of the tickets sold matched all six numbers.
Although the advertised top prize Wednesday will be an estimated $1.2 billion, that is for winners who receive their winnings through an annuity paid over 29 years. Winners almost always opt for cash, which for Wednesday night's drawing will be an estimated $596 million.
The largest prize in Powerball history was $1.586 billion sold in January 2016 and shared by three winners in California, Florida and Tennessee.The Powerball jackpot was last won with a ticket in Pennsylvania, which won a $206.9 million jackpot on Aug. 3. The overall odds of winning a prize are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million, according to a statement from Powerball.Powerball tickets are $2 per play. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Ticket sale cut-off times vary by jurisdiction, but are typically one to two hours before the scheduled drawing.
Jackpot winners may choose to receive their prize as an annuity, paid in 30 payments over 39 years, or as a lump sum payment.10 biggest Mega Millions, Powerball jackpots won in US lottery history3. $1.337 billion, Mega Millions, July 29, 2022
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