For the 36th time, someone will try to become wealthy -- very wealthy. The second-largest jackpot in the history of Powerball, now at $1.73 billion, will certainly fit the bill if someone wins Wednesday’s grand prize.
“This is a gigantic night for Powerball players and U.S. lotteries,” Drew Svitko, Powerball product group chair and executive director of the Pennsylvania Lottery, said in
If someone wins the big prize on Wednesday night, they will have two options: An annuity, in which the winner receives one immediate payment followed by 29 annual payments that increase by 5% each year, or the lump sum option. Choosing the second option will make the cash value amount approximately $756.6 million before taxes, lottery officials said.
The highest jackpot in Powerball history is $2.04 billion, sold to a single winner in California on Nov. 7, 2022. The current streak of 35 consecutive drawings without a winner trails only the mark of 41, set in 2021 and 2022, according to Drawings are held every Monday, Wednesday and Saturday. Tickets, which cost $2 per play, are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.$1.73 billion – Oct. 11, 2023 drawing.$1.08 billion – July 19, 2023, drawing .$758.7 million – Aug. 23, 2017 .$731.1 million – Jan. 20, 2021 .
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