Home Business Powerball jackpot an est. $835 million, no jackpot winners Monday

Powerball jackpot an est. $835 million, no jackpot winners Monday

by Mark Mendoza

There was no grand-prize winner of Monday night’s record-breaking $785 million Powerball jackpot, Powerball officials announced early Tuesday morning. The numbers pulled for Monday night’s drawing were: White balls 10, 12, 22, 36, 50 and red Powerball 4. The prize for Monday’s drawing became the fourth largest in history after Saturday’s drawing produced no winners matching all six drawn numbers. Had there been a grand prize winner, they would have had the option to take $785 million in payments or cash out for $367 million, both before taxes.

The odds of winning the jackpot are 1 in 292.2 million, according to lottery officials. The next Powerball drawing will be on Wednesday. Since no one won Monday’s jackpot, the grand prize climbs to an estimated $835 million ($390.4 million cash value), according to Powerball officials. The large prize is now surpassed only by previous jackpots over $1 billion, according to the Multi-State Lottery Association.

The largest jackpots were $2.04 billion in November 2022, $1.586 billion in January 2016, and $1.08 billion in July 2023, lottery officials said in a news release. At least one person from California scored a jackpot-winning ticket in each of those three drawings, according to the release.

While there were no jackpot winners Saturday, the drawing produced more than 1.5 million winning tickets across the United States, including three tickets matching all five white balls to win $1 million, lottery officials said. In a release early Tuesday morning, Powerball officials said Monday’s drawing produced more than 1.2 million winning tickets across the country, including four tickets — three in Florida and one in Oregon — that matched all five white balls to win $1 million prizes.

“Other big wins from Monday night include 32 tickets that won $50,000 prizes and six tickets that won $100,000 prizes,” the Powerball release stated on Tuesday morning. There have been 29 consecutive drawings without a grand prize winner since the winning numbers for the $1.08 billion jackpot were drawn on July 19.

Despite the absence of a grand-prize winner, the Powerball jackpot continues to captivate the nation. With each drawing and the continuous increase in the jackpot amount, excitement builds among hopeful players. The allure of the Powerball lies not only in the astronomical prize money but also in the dream it represents – the dream of becoming an instant millionaire.

For many players, the odds of winning the jackpot may seem insurmountable. The chances of matching all six numbers are an astonishing 1 in 292.2 million. However, this doesn’t deter millions of people from purchasing tickets and participating in the Powerball frenzy. The belief in luck and the possibility of overcoming those odds keeps the excitement alive.

What sets this particular Powerball drawing apart is its colossal prize money. With a staggering $785 million at stake, it became the fourth largest jackpot in the game’s history. The anticipation leading up to the drawing was palpable, as people across the country imagined what they would do with such an extraordinary sum.

Unfortunately, Monday night’s drawing did not produce any grand-prize winners. The result was a collective sigh of disappointment from hopeful participants. Yet, this disappointment only serves to fuel the growing excitement for the next drawing.

As the weeks pass without a grand-prize winner, the jackpot continues to climb. The estimated amount for the next drawing is a jaw-dropping $835 million. This reinforces the notion that anyone who plays could potentially change their life forever.

It is worth noting that while winning the grand prize is the ultimate goal, there were still numerous winners in Monday night’s drawing. More than 1.2 million tickets won various prizes, including four tickets that matched all five white balls to win $1 million each.

The Powerball has proven to be more than just a game of chance; it has become a cultural phenomenon. The excitement surrounding each drawing extends beyond the expectation of winning. It is a symbol of hope, promise, and the infinite possibilities that life has to offer.

So, as Wednesday’s Powerball drawing approaches, the nation braces itself for yet another chance at a life-altering win. People will flock to purchase tickets and anxiously await the announcement of the winning numbers. After all, one can never underestimate the power of dreams and the hope of a brighter tomorrow.

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