Powerball Jackpot Reaches $1 Billion, Marking Second Billion-Dollar Prize This Year
The Powerball jackpot has surged to an estimated $1 billion, making it one of the largest prizes in the lottery's history. This marks the second time this year that the jackpot has reached the billion-dollar threshold. The current jackpot run has seen 42 consecutive drawings without a winner, tying a record set in April 2024. The most recent drawing failed to produce a winner for the top prize, with the numbers drawn being 10, 16, 29, 33, 69, and the Powerball 22. However, three tickets sold in Maryland, Michigan, and New Jersey matched five white balls, each winning $1 million. The odds of winning the jackpot are 1 in 292.2 million, while the overall odds of winning any prize are 1 in 24.9. The winner of the jackpot can choose between an annuitized prize of $1 billion or a lump sum payment of $461.3 million before taxes.