The prize has grown so large because there have been 30 consecutive drawings without a big winner, dating to July 19
The $960 million prize is for a sole winner who
, with annual payments over 30 years. Winners almost always take the cash option, which for Saturday's drawing would be an estimated $441 million.Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.The Powerball drawing takes place live at 10:59 p.m. Eastern 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.
Over the past few years, huge lottery jackpots have become more common as lottery officials have changed the rules and ticket prices to boost top prizes. Powerball's biggest change came in 2021 when officials decided to add a Monday drawing to its weekly lineup of Wednesday and Saturday evening drawings. At the time of the announcement, Powerball proclaimed the addition of the Monday drawing would lead to"larger, faster-growing jackpots."
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