DES MOINES, Iowa (AP) — An estimated $1.4 billion lottery jackpot shall be up for grabs Wednesday night time because of dozens of drawings with no massive winner.
The huge Powerball prize is the sixth-largest U.S. lottery jackpot. It’s a results of 40 consecutive drawings stretching over the summer time with out anybody matching all the recreation’s six numbers.
“As this jackpot moves into record territory, we remind people to keep the experience of playing the Lottery enjoyable by playing responsibly and within their means,” mentioned Mark William Bracken, Government Director of the Massachusetts State Lottery.
Nobody has received the grand prize since Could 31, and the forty first drawing on Wednesday shall be only one fewer than the document set final yr.
All of that shedding stems from Powerball’s abysmal odds of 1 in 292.2 million, although lottery officers word that the percentages are much better for the sport’s many smaller prizes. There are three drawings every week.
The $1.4 billion jackpot is for a winner who opts to obtain 30 funds over 29 years by way of an annuity. Winners virtually at all times select the sport’s money possibility, which for this drawing could be an estimated $634.3 million.
Powerball tickets value $2, and the sport is obtainable in 45 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
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