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Powerball jackpot nears $1 billion after no one won $905 million grand prize
Yahoo • • business
Key Points:
- No winning tickets were sold for Monday night's $905 million Powerball jackpot, raising the estimated grand prize for Wednesday's drawing to at least $975 million, with a cash value of approximately $422.3 million.
- The jackpot grows as more tickets are sold, with Wednesday's drawing marking the 44th since the last jackpot win on May 2, when a $20 million prize was split between Florida and Texas.
- If the jackpot reaches $1 billion on Wednesday, it will be the 15th time a U.S. lottery has hit that milestone and the eighth time for Powerball specifically.
- Powerball tickets cost $2 and are sold in 45 states, Washington, D.C., Puerto Rico, the U.S. Virgin Islands, and recently in the U.K., though U.K. tickets only count toward the jackpot with different prize structures for lower tiers.
- The odds of winning the grand prize are 1 in 292,201,338, with drawings held three times weekly on Mondays, Wednesdays, and Saturdays at 10:59 p.m. ET.
