Powerball jackpot climbs to world-record $1.4 billion

The next drawing will be on Wednesday.

Before rolling to a $1.3 billion jackpot on Saturday night, Powerball produced hundreds of thousands of winners across Pennsylvania – including a $1 million victor in Philadelphia, Pennsylvania lottery officials said. He had no grandiose plans for a potential winning ticket.

The largest Powerball jackpot prior to the current one was taken home by a Zephyrhills woman who won a $590 million jackpot in 2013.

“It never occurred to anyone that we would pass the 1 billion dollar mark”.

The decision to shake up the odds resulted from disappointing ticket sales that plagued the lottery since 2013, the a year ago of a massive jackpot.

Forty-four US states take part in the Powerball along with the District of Columbia, Puerto Rico and the US Virgin Islands. You’d better check it carefully. They’re typically smaller lotteries with more modest jackpots of $1 million or less. A year earlier, it totaled $2.7 billion. In 2012, two winners split $587.5 million. But in return for matching the first five digits, each person will receive a $1 million prize. He developed an app called Lotto Lotto that alerts lottery players if they have a winning ticket. None of them can legally sell lottery tickets across a state border or the USA border.

Lottery officials increased their estimate of the huge jackpot for the second day in a row Tuesday because of enormous interest in the prize. “New Yorkers are cashing-in big time on history”. If more than 10 people are in the group, Gurney said, consider starting an LLC and list everyone as a member.

The cash value of the prize is $930 million before taxes, according to powerball.com and winners have 180 days from the drawing to claim their prize. Divide that by 2.2 winners, and the expected jackpot is actually around $420 million.