The Powerball lottery jackpot has soared to an impressive $750 million, marking it as the tenth-largest prize in the history of the lottery. This significant increase comes after the latest drawing revealed that no winning tickets were sold. However, potential winners should be aware that they will ultimately take home a substantially lower amount due to taxes.
The next drawing of the Powerball lottery is scheduled for Monday night at 10:59 p.m. EDT. Enthusiasts can catch the action live by streaming it on the official Powerball website. If no winner is declared during this drawing, the jackpot is expected to grow even larger ahead of the following Wednesday drawing, enticing more players to participate.
While no grand prize winner emerged from Saturday night’s drawing, there were still notable achievements. Three players matched the numbers on all five white balls, earning significant prizes. A winner from New York and another from Maine will each take home a $1 million prize. Meanwhile, a third winner from South Dakota will enjoy a $2 million reward, thanks to selecting the Power Play option for an additional $1 when purchasing the ticket.
The odds of matching all five white balls—excluding the Powerball—stand at approximately 1 in 11.7 million, according to the lottery organizers. These challenging odds highlight the rarity of winning in this lottery, but they also underscore the excitement and anticipation that accompanies each drawing.
The rising Powerball jackpot presents an exhilarating opportunity for lottery players across the nation. As the jackpot continues to grow, so does the excitement surrounding each drawing. Whether you’re a casual player or a dedicated lottery enthusiast, the chance to win a life-changing sum of money is just a ticket away.