This Weekend's Lottery Jackpot Valued at Over 1 Billion

08 January, 2018, 03:37 | Author: Roderick Gutierrez
  • For someone lucky enough to beat the one in 292 million odds a lump sum Powerball win before taxes would be $348 million

The Powerball lottery jackpot is going up - again!

"I got two Mega Million and two Powerballs", said Farley.

The Powerball jackpot had jumped from $468 million on Wednesday to $550 million on Thursday, after Wednesday night's drawing did not produce a victor.

The news outlet reports that the longer odds have not refrained people from purchasing tickets - but quite the opposite.

If you've never played the lottery or don't play enough to know all the finer points of the games, you can check out our guide on both games below. "It is too much money for one victor".

Thrifty Beverage in Poughkeepsie has seen a significant increase in customers buying lottery tickets. The Powerball jackpot is now $570 million, and the Mega Millions stands at $450 million. "They promise a lot". Saturday's Powerball is America's seventh biggest jackpot of all time.

To win the jackpot, one must match the first five balls (1-70) and the Mega Ball (1-25). Powerball is played in 44 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

The biggest Powerball jackpot on record was a $1.586 billion prize in January 2016.

Friday night's Mega Millions jackpot is worth at least $445 million and is the fourth-largest in the history of the game.

Most of the unclaimed prizes are small.

In Florida, with each ticket sold, a portion of the money goes to help fund education.

In Pennsylvania, tickets for both games are sold until 9:59 p.m. on drawing nights.

A player must choose the Megaplier option when purchasing a Mega Millions ticket.

That would be 1 in 88 quadrillion, or 1 in 88,412,922,115,183,000 to be precise.

Drawings are held every Tuesday and Friday, and the New York Lottery urges players to buy tickets early to avoid last-minute lines. It's a situation that is set to happen more frequently. One worker had two shares in the pool and received about $12.6 million. It also raised the price of a single ticket to $2. That took the odds of winning that game from 1 in 175 million to 1 in 292 million. Some of those prizes can still be claimed, but some states only give ticket holders six months to come forward. In fact, the larger jackpots are just encouraging more sales.


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