Powerball Jackpot Hits
The Powerball jackpot for tonight’s drawing is estimated at $400 million. The last time a jackpot topped $590 million was on Valentine’s Day, 2013. An elderly woman from Florida won that huge prize. The odds of winning the jackpot are one in 175 million.
During the past 34 drawing, no one has won the jackpot. That’s why officials say that it is crucial to check tickets before disposing them. Last year’s jackpot topped $400 million twice. It took a little longer for the jackpot to reach that level, but the lottery is still one of the biggest in the world. And the cash value of the prize is estimated at $292 million.
Since the Powerball ticket price increase in January 2012, the jackpot has been reaching record highs more frequently. Tonight’s drawing will be the fourth drawing with a jackpot exceeding $400 million. There are 43 states and the District of Columbia with the Powerball game. The draw is held every Monday, Wednesday, and Saturday.
Powerball Jackpot Hits $400M For Tonight’s Drawing
Despite the large cash values of the jackpots, there hasn’t been a winner for more than four months. This is due to jackpot fatigue, a phenomenon lottery officials have been talking about. In the case of Mega Millions and Powerball, the odds of winning are one in 302.5 million.
Whether you are an avid Powerball player or a newbie, you can buy Powerball tickets online or from authorized retailers. This popular lottery game features two drawings a week with a jackpot that grows by $10 million each time. In April 2020, the Powerball starting jackpot will be reduced to $20 million. This will require a rollover of $2 million to keep prize levels funded. The internet is an increasingly popular place to purchase lottery tickets, as more people value convenience over price.
Powerball is a lottery game that draws numbers on Monday, Wednesday, and Saturday evenings. It costs $2 to play Powerball. The tickets are not refundable once printed. The drawing takes place at 7:59 p.m. on these days, and the entry period ends at that time. There are nine winning numbers for each Powerball draw, and the more numbers on a ticket match the winning numbers drawn, the higher the jackpot.