Powerball Jackpot Soars to $1.4 Billion: Are You Ready to Become a Billionaire?
Dreams of striking it rich with the $1.2 billion Powerball jackpot remain just that - dreams. In the latest drawing, held on Wednesday, no lucky ticket holder was able to claim the massive prize.
The streak of no jackpot winners continues, as the last time someone won the Powerball jackpot was back on July 19. That time, a fortunate individual in California walked away with a whopping $1.08 billion.
Despite no winners, the jackpot keeps growing. The latest estimate puts it at a staggering $1.4 billion, which still secures its spot as the third-largest Powerball jackpot ever.
Winning the Powerball jackpot is no easy feat, with odds standing at an astonishing 1 in 292.2 million.
Both Powerball and Mega Millions underwent changes to their games in recent years. These changes made it more challenging to win the big jackpots, resulting in larger prize pools and increased opportunities to win smaller prizes.
Powerball implemented its game modifications in 2015, while Mega Millions followed suit in 2017.
Powerball is a widely played game, available in 45 states, Washington, D.C., Puerto Rico, and the U.S. Virgin Islands.
The top two Powerball jackpots in history were a staggering $2.04 billion in November and $1.586 billion in June 2016.