Record Powerball Prize Spurs Myths, Misconceptions About Lottery

Most recently, there was one $1 million Match 5 victor in Boston.

The jackpot for Wednesday’s Powerball has reached a world record estimated $1.5 billion. Lottery players bought $90 million in Powerball tickets on Sunday and $185 million on Monday.

The game seemed to defy its own odds Saturday night when it failed to produce a victor, even though 75 percent of the almost 300 million possible number combinations were sold. And by flooding the system with all those tickets you purchased, the lump-sum value of the jackpot would rise by $200 million – which you’d be guaranteed to get back.

Did you buy a Powerball ticket on Saturday for that night’s drawing? Asked what he would do if he won the jackpot, he said: “I’d take a trip around the world”.

A $2 ticket has a one in 292.2 million chance of winning the grand prize, Powerball said. As of Tuesday morning, the pot has increased to $1.4 billion – the highest ever lottery prize in the United States. Video-lottery facilities had a 3.6 percent increase in net win – the money in the machines after payouts to winners – in 2015 compared to 2014.

Where can I buy Powerball tickets near me in New Jersey?

While New Jersey did not have a million dollar victor in the last drawing, the New Jersey Lottery said 29 winning tickets worth $50,000 each were sold here, three of them around Wall at Wall Exxon in Allenwood, Quick Chek on Belmar Boulevard and Farmingdale Liquors.

Not the best if you’re trying to stay under the radar, but there is some good news other than you won a lot of money.

The jackpot has been growing since November 4 for 19 consecutive drawings without a top prize victor. “There’s so many organizations that could use the help”, she said.Schurr said he waits until the jackpot gets big before he jumps into the lottery game.

ENTERCOM COMMUNICATIONS AC WNTR (107.9 THE MIX)/INDIANAPOLIS has a POWERBALL ticket and is offering 400 lucky listeners a chance at sharing a billion bucks. “You’re not the type of consumer the USA government is looking to give a tax break to”, she said. This is false. Your odds for each ticket are 1 in 292.2 million regardless of the jackpot size or how many other people play.

Despite the staggering odds of winning, the staggeringly large jackpot is fueling sales and hopes.