Powerball jackpot climbs to $1.4 billion

Figure if you have a 1 in 292.2 million chance of winning with one ticket, you’ll have 10 times the odds if you buy 10 tickets, but that’s still a drop in the bucket.

With the 30% tax taken off, you’d still walk away with roughly $1.5 billion CAD.

And more million-dollar prizes have been awarded as ticket sales have skyrocketed.

“There is a tremendous amount of excitement about this jackpot and, by drawing time Wednesday night, the jackpot may be even higher”, Redburn said. “It shows you how hard it is to win”.

“When the jackpots get big like this, it creates a frenzy”, said Brian Johnson, vice president of finance at Casey’s General Stores, which runs 1,900 stores in 14 states. For this reason, Chopin recommends that people scrutinize their numbers and hold onto their tickets after the winning numbers are announced.

Experts can help you manage your winnings and to budget for those things on your list.

It’s 9:59 p.m., an hour before the 10:59 p.m. drawing at Universal Studios in Orlando on Wednesday night, according to the state’s website. Officials reassess the jackpot estimate daily. You have to pick both to win the jackpot.

While it wasn’t that improbable that nobody won this weekend, it is improbable that nobody has won after 19 drawings – and that’s the reason for the giant jackpot.

The jackpot for the twice-weekly game started at $40 million on November 4 and has been growing ever since.

The Virginia Lottery says it’s working to keep stores supplied as demand for Powerball tickets hits record levels.

Even the cash option is valued at almost $1 billion [$930 million to be exact].

The Lottery’s warehouse has 18,000 rolls of the special paper for tickets that they can ship to retailers ahead of Wednesday’s drawing. In those lotteries, you’re far less likely to have to share the jackpot, which is the biggest investment-killer. To increase the game’s flagging popularity, Powerball managers tweaked the game in October to boost the chances of producing tantalizing giant jackpots as well as to offer more wins of secondary prizes.

Lustig says play your own numbers and play often.

“I would give a lot of it to family and friends”, Collins said. Here’s a picture of the tickets I just purchased.

You can find information about problem gambling online.