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Tags: powerball | lottery | jackpot | billion | prize

Powerball Jackpot Rises to $1.09 Billion

person holds up lottery tickets
(Giorgio Viera/Getty Images)

Tuesday, 02 April 2024 12:50 PM EDT

The Powerball jackpot climbed to an estimated $1.09 billion after no one matched the six numbers drawn Monday night, continuing a three-month winless streak for the top prize.

The numbers drawn were: 19, 24, 40, 42, 56, and the Powerball 23.

No one has won Powerball's jackpot since New Year's Day, a stretch of 39 drawings without anyone matching the game's six numbers. If no one wins the jackpot Wednesday night, the game will match its record of 41 consecutive drawings on Saturday night.

The reason for the jackpot drought is simple: The odds of winning the top prize are miserable, at 1 in 292.2 million. It's those odds that create the large jackpots that are designed to attract attention and drive up sales.

The $1.09 billion prize is for a sole winner who makes the rare decision to be paid over 30 years through an annuity. Nearly all winners instead take the cash option, which for Wednesday night would be an estimated $527.3 million.

Powerball is played in 45 states plus Washington, Puerto Rico, and the U.S. Virgin Islands.

Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.


StreetTalk
The Powerball jackpot climbed to an estimated $1.09 billion after no one matched the six numbers drawn Monday night, continuing a three-month winless streak for the top prize.
powerball, lottery, jackpot, billion, prize
180
2024-50-02
Tuesday, 02 April 2024 12:50 PM
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