The Powerball jackpot continues to soar, reaching an estimated $1.23 billion after yet another drawing without a big winner on Wednesday night. The winning numbers for the latest draw were 11, 38, 41, 62, 65, and red Powerball 15.
This massive jackpot now stands as the eighth-largest in U.S. lottery history and has been steadily growing for over three months. The odds of winning the top prize are a staggering 1 in 292.2 million, explaining the prolonged increase in the jackpot size.
Since the last jackpot winner on New Year’s Day, there have been an incredible 40 consecutive drawings without anyone matching all six numbers. However, there were nine tickets sold that matched all five white balls, winning $1 million each in various states.
The $1.23 billion prize is for a single winner who opts for the annuity option with 30 annual payments, although most winners typically choose the cash option. The cash option for the upcoming drawing on Saturday night is estimated to be a whopping $595.1 million.
Powerball is widely played in 45 states throughout the U.S., as well as in Washington, D.C., Puerto Rico, and the U.S. Virgin Islands. As excitement and anticipation continue to build, many are eagerly awaiting the next drawing to see if anyone will finally hit the jackpot. Stay tuned for updates on this record-breaking Powerball prize on ‘Poh Diaries.’
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