Powerball jackpot climbs to $875 million: Powerball’s jackpot has grown again, reaching an estimated $875 million – the largest ever for the game.
Neither player matched all six winning numbers after Wednesday night’s drawing, which were 23-35-45-66-67 with a Powerball of 20.
In the history of the lottery game, Saturday’s jackpot is the third largest, behind the $2.04 billion Powerball jackpot won last year and the $1.586 billion Powerball jackpot won in 2016.
The winner of Saturday’s drawing can choose whether to receive the $875 million prize in yearly increments or the one-time lump sum of $441.9 million before taxes.
Powerball jackpot climbs to $875 million
According to game officials, 36 consecutive Powerball drawings have gone without a big winner. $252.6 million was the last Powerball jackpot won on April 19 after a ticket sold in Ohio matched the winning numbers.
Approximately 60% of the revenue generated by U.S. state lotteries goes directly to winners, while the states keep the remaining cash after paying out prizes and covering advertising costs. When it comes to larger lotteries, such as Mega Millions or Powerball, half of the ticket revenue goes to the prize pool.
In addition to Washington, D.C., Puerto Rico, and the V.I. There are five states that do not sell lottery tickets: Alabama, Utah, Alaska, Hawaii, and Nevada.