Powerball prize up to $1.5 billion, 3rd-largest ever in US

The bad news is that no one won Wednesday night’s huge $1.2 billion Powerball jackpot

to $1.5 billion ahead of the next drawing Saturday night. That is the third-largest lottery prize in U.S. history.No one has won the top Powerball prize since Aug. 3, making for 39 consecutive drawings without anyone matching all six numbers.

What’s behind three months of lottery futility? It’s simple math. The odds of winning the jackpot are an abysmal 1 in 292.2 million.The new $1.5 billion prize is actually for winners who opt for an annuity, paid out annually over 29 years. Nearly allPowerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

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