Powerball to cut minimum jackpots from $40 million to $20 million as pandemic tamps down sales

México Noticias Noticias

Powerball to cut minimum jackpots from $40 million to $20 million as pandemic tamps down sales
México Últimas Noticias,México Titulares
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 97%

Even lotteries are getting hit by the coronavirus.

DES MOINES, Iowa — Hoping to escape all the coronavirus-caused economic uncertainty by winning a giant lottery jackpot?The group that oversees the Powerball game announced Wednesday night that it would cut minimum jackpots in half, from $40 million to $20 million, after there is a winner of the current big prize. The jackpot also could grow more slowly, with minimum increases of $2 million instead of the normal $10 million after each twice-weekly drawing.“Powerball players in many U.S.

Medenica notes, however, that Mega Millions has a minimum increase of $5 million after each drawing so is in better position to weather the decreased sales.For most people, the coronavirus causes mild or moderate symptoms, such as fever and cough that clear up in two to three weeks. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia, or death.

The move by Powerball won’t affect the current $160 million jackpot, which will continue to rise by at least $10 million until there is a winner. Another thing that won’t change is the odds of winning a jackpot, and they’re puny for both games. For Powerball, the odds are one in 292.2 million, and for Mega Millions they’re one in 302.6 million.

Powerball and Mega Millions are played in 45 states plus Washington, D.C., and the U.S. Virgin Islands. Powerball also is offered in Puerto Rico.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

MarketWatch /  🏆 3. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

The holy grail of fitness trackers is $40 off right nowThe holy grail of fitness trackers is $40 off right nowKeep your health on track: We found the Fit Bit 3 for the lowest price on the internet.
Leer más »

Powerball drawing for 03/25/20: Wednesday jackpot is $150 millionPowerball drawing for 03/25/20: Wednesday jackpot is $150 millionThe Powerball jackpot for 03/25/20 is $150 million, with a cash option worth $114.8 million. The drawing will be held at 11 p.m. ET on Wednesday night.
Leer más »

The Mega Millions jackpot in last night's draw was worth an estimated $101 millionThe Mega Millions jackpot in last night's draw was worth an estimated $101 millionFind out the results of last night's draw and how the Mega Millions lottery has been affected by the coronavirus.
Leer más »

U.S. Unemployment Claims Hit Record 3.28 Million Last Week Amid Coronavirus PandemicU.S. Unemployment Claims Hit Record 3.28 Million Last Week Amid Coronavirus PandemicU.S. unemployment claims last week hit a historic 3.28 million, the U.S. Department of Labor said Thursday, as the economic devastation of the coronavirus crisis continues to unfold. The figure sha…
Leer más »

Gucci and Valentino Pledge Millions of Euros to Fight Coronavirus PandemicGucci and Valentino Pledge Millions of Euros to Fight Coronavirus Pandemic.Gucci and Valentino just pledged to give millions of euros to fight the Covid-19 pandemic:
Leer más »



Render Time: 2025-04-05 00:17:33