Many, many more people are buying tickets now that the jackpot has reached nearly $2 billion. PLENTY OF PEOPLE MUST BE PLAYING NOW, RIGHT? Still, it has been an awful long time without a jackpot, and if there isn’t a winner Monday night, a new record will have been reached: 41 draws without anyone matching all six numbers. And more ticket sales mean the lottery can raise more money for public programs, which is the point of the state lotteries. With odds of 1 in 292 million, that means it’s unlikely anyone will win the prize until a growing jackpot attracts more players. Those who spend $2 on a Powerball ticket might wonder if something is wrong when 40 drawings pass without a jackpot winner, but this is how the game is designed. That would push the jackpot for Wednesday’s drawing to more than $2 billion. 6 and over three winless months has grown ever more massive.Ī winner who opts for a lump sum payment would get an estimated $929.1 million, with the $1.9 billion for a winner who chose an annuity, paid annually over 29 years.Įven as more people attracted by the giant prize drop $2 on a Powerball ticket, the game’s ultra-long odds of 1 in 292.2 million means there still is a good chance that another drawing will pass without anyone winning the grand prize. Only four previous jackpots have topped $1 billion, but none of those are close to the current prize, which started at $20 million back on Aug. The jackpot is nearly $400 million larger than the previous record jackpot and will keep growing until someone wins the prize. DES MOINES, Iowa (AP) - Millions of lottery players around the country tried their luck again Monday night to vie for an estimated $1.9 billion Powerball jackpot that dwarfs all previous prizes by hundreds of millions of dollars.
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