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Powerball grows to $856 million, largest drawing of the year
CBS News • • general
Key Points:
- The Powerball jackpot for Saturday's drawing has reached $856 million, the largest total of the year and the eighth-largest Powerball jackpot ever, with a lump sum option of $370.7 million before taxes.
- This jackpot ranks as the 16th-largest lottery prize in U.S. history when including Mega Millions jackpots and is the first Powerball drawing to include players from the United Kingdom, which began selling tickets on July 21.
- The largest Powerball jackpot ever was $2.04 billion in November 2022, but no lump sum payment has ever exceeded $1 billion; the highest lump sum to date was $997.6 million.
- The jackpot has not been won since May 2, with 41 consecutive drawings without a top prize winner, although smaller prizes have been awarded, including a $1 million win in Ohio recently.
- The Saturday drawing will occur at 10:59 p.m. ET, with the odds of winning the jackpot standing at 1 in 292.2 million.
