The minimum Powerball jackpot will reset to $20 million, which had previously been $40 million. Does that improve the odds to win the big prize?
Powerball announced this week that its minimum jackpot and weekly increases will cut in half after the next jackpot is won. The reason for decreasing the minimum jackpot to a guaranteed $20 million is because of the spread of COVID-19, otherwise known as coronavirus.
"Powerball players in many U.S. lottery jurisdictions are under shelter-in-place orders or recommendations from their governors or mayors, which have affected normal consumer behaviors,"Gregory Mineo, Powerball Product Group Chairman and Maine Lottery Director."Just like other enterprises around the world that are making adjustments, we are making proactive changes to continue to offer the world's premier lottery product.
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