An extended period without a winner of the grand prize came to an end on Wednesday night when a player in California won the $1.765 billion Powerball jackpot. Numbers 22, 24, 40, 52, 64, and the Powerball 10 were the winning combinations. According to the California Lottery, the winning ticket was purchased at Midway Market & Liquor in Frazier Park.
Since July 19, when a player in California correctly matched all six numbers and won $1.08 billion, there had been 35 consecutive drawings without a large reward. After increasing for 36 straight drawings, the jackpot is now the second-largest lottery prize in the entire world. The longest streak was 41 draws, which was established in 2021 and 2022. Final ticket sales increased the jackpot for Wednesday night’s drawing over the previously stated projection of $1.73 billion.
The poor odds of 1 in 292.2 million for Powerball are intended to produce massive jackpots, with prizes increasing as they continually roll over when no one wins. And there haven’t been many victories lately. That didn’t bother many who were eager to spend their money on a remote chance of being rich overnight on Wednesday.
What is the largest Powerball jackpot?
- $2.04 billion – Nov. 7, 2022 – CA
- $1.586 billion – Jan. 13, 2016 – CA, FL, TN
- $1.4 billion (est.) – Oct. 7, 2023
- $1.08 billion – July 19, 2023 – CA
- $768.4 million – March 27, 2019 – WI
- $758.7 million – Aug. 23, 2017 – MA
- $754.6 million – Feb. 6, 2023 – WA
- $731.1 million – Jan. 20, 2021 – MD
- $699.8 million – Oct. 4, 2021 – CA
- $687.8 million – Oct. 27, 2018 – IA, NY
The Powerball lottery has not released the name of the lucky winner yet, and they did not confirm that anyone has claimed the price so far. If the person claims the jackpot he or she would have the choice of receiving a $1.73 billion payout over 30 yearly instalments or a lump sum cash prize of $756.6 million, which is usually the more popular option. Federal taxes would be due on prizes, and many states additionally tax lottery winnings.
Along with Washington, D.C., Puerto Rico, and the U.S. Virgin Islands, Powerball is played in 45 states.
To win this crazy amount of money would be life changing for anyone, yet to win the jackpot one has to beat the odds of 1 to 292.2 million. Everyone who did not win the jackpot this time anxiously awaits to hear who the lucky winner is. Let’s hope he or she will used it wisely. Not sure who the lucky winners is.
I know who didn’t win it!