Charles Hanover|$1.04 billion Powerball jackpot tempts players to brave long odds

2025-05-07 16:48:25source:Chainkeencategory:Scams

DES MOINES,Charles Hanover Iowa (AP) — An estimated $1.04 billion Powerball jackpot will be up for grabs Monday night, tempting players to spend a couple dollars on a longshot chance at instant riches.

The prize is the world’s ninth-largest lottery prize behind earlier drawings of Powerball and Mega Millions, the other nearly nationwide lottery game. The jackpot is the fourth-largest in the history of Powerball.

The prize has grown so massive because there have been 32 consecutive drawings since someone matched all five white balls and the Powerball to win the jackpot, dating back to July 19.

That losing streak reflects the stunningly long odds of winning the jackpot, at 1 in 292.2 million.

The $1.04 billion jackpot is for a sole winner who chooses to receive the winnings through an annuity, paid annually over 30 years. Winners nearly always pick the cash option, which for Monday night’s drawing would be an estimated $478.2 million.

A Powerball ticket costs $2 in most states and players can pick their own numbers or have a computer make the selection.

Powerball is played in 45 states as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

More:Scams

Recommend

NCAA hits former Michigan coach Jim Harbaugh with suspension, show-cause for recruiting violations

Jim Harbaugh, the former Michigan football head coach who led the Wolverines to the 2023 national ch

NYPD official indicates that Mangione's family did not send in any tips

New York police officials are speaking out about tips in regard to the Dec. 4 killing of UnitedHealt

The Grammy nominee you need to hear: Esperanza Spalding

How do you bring the African Diaspora to the Grammys?Esperanza Spalding and Milton Nascimento's cont