The Powerball prize is up to $1.5 billion and is now the 3rd-largest ever in US history
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 all winners choose cash, which for Saturday’s drawing would be $745.9 million.
Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
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