Powerball jackpot soars to $1.1 billion after no big winner Saturday

Introduction

  • There was no winner in Saturday night’s Powerball drawing.

  • That brings Monday’s prize pool to $1.1 billion.

  • This will be the longest consecutive Powerball drawing without a jackpot winner.

Monday night’s Powerball jackpot has reached an estimated $1.1 billion after no one took home the jackpot on Saturday night.

Monday’s jackpot is the sixth-largest in Powerball history.

Saturday Powerball numbers

Saturday night’s drawing numbers were 1, 28, 31, 57, 58 and the red Powerball 16. Powerball multiplier is 2x.

local perspective

Seven tickets won cash prizes worth $1 million or more in last night’s Powerball drawing. Five tickets sold in California, Florida, Michigan, New Jersey and Virginia matched all five white balls to win the $1 million prize. Two tickets sold in North Carolina and Pennsylvania matched all five white balls, and the $1 million prize per ticket increased to $2 million as players added an additional $1 Power Play option.

There were 49 tickets winning $50,000 prizes and 12 tickets winning $100,000 prizes.

Monday Powerball drawing

what’s next

Monday’s Powerball drawing will be the 43rd in the current jackpot cycle and the most consecutive drawings without a jackpot winner. The last Powerball jackpot was won on September 6 by two tickets from Missouri and Texas, which split the $1.787 billion prize.

Related: Michigan woman uses ChatGPT to pick winning lottery numbers

From a numerical perspective

For Monday’s jackpot, the winner can choose between an annuity prize estimated at $1.1 billion or a one-time payment of $503.4 million before taxes. Both prizes are pre-tax. If the winner chooses the annuity option, they will receive an immediate payment, followed by 29 annual payments, increasing by 5% each year.

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Backstory

Powerball tickets are $2 per game. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.

The overall odds of winning are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million.

source

This report contains information from Powerball.

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