The Powerball® jackpot officially climbed to $1.73 billion and officially became the second-biggest jackpot in US history after there was no winner in the Monday’s, October 9, drawing, further continuing the losing streak. Additionally, the next drawing is scheduled for the night of October 11, and the roughly estimated worth of the jackpot is $756.6 million.
Monday’s night draw:
As this new jackpot is the second-biggest Powerball and the lottery jackpot in the US as mentioned above and comes after the world record Powerball jackpot of $2.04 billion which was officially won in California during November 7th last year.
Here are 10 memorable Powerball jackpots:
- $2.04 Billion – Nov. 7, 2022 – CA
- $1.73 Billion (est.) – Oct. 11, 2023
- $1.586 Billion – Jan. 13, 2016 – CA, FL, TN
- $1.08 Billion – July 19, 2023 – CA
- $768.4 Million – March 27, 2019 – WI
- $758.7 Million – Aug. 23, 2017 – MA
- $754.6 Million – Feb. 6, 2023 – WA
- $731.1 Million – Jan. 20, 2021 – MD
- $699.8 Million – Oct. 4, 2021 – CA
- $687.8 Million – Oct. 27, 2018 – IA, NY”
During the aforementioned drawing on October 9, no one matched the game’s 6 numbers, which were the white balls 16, 34, 46, 55, 67 and the red Powerball 14. As for the Power Play® multiplier, it was 3x. Additionally, this draw has generated over 3.7 million winning tickets nationwide, involving 4 tickets (Oregon, Indiana, Virginia and California) that hit each of the white balls and officially won the $1 million reward. However, it is important to mention that rewards payout amounts in California are pari-mutuel and decided by the number of winners and sales.
Although no one won the grand prize, one individual in Florida has reason to be happy with Monday’s drawing, hitting all 5 white balls and winning the $1 million reward, which has been raised to $2 million since the Power Play® feature is included for an extra $1 per play. As for other notable wins, there were 101 winning tickets that earned $50,000 in rewards per ticket and 17 winning tickets that earned $150.000 in prizes.
Approaching draw already 36th in the race for the jackpot:
The approaching drawing on the night of October 11 will be the 36th in this race for the jackpot. But that’s not all; as it will also be the drawing where consecutive jackpot cycles have yielded $1 billion in grand rewards for the first time ever in the Powerball history. In addition, the last time the Powerball jackpot was officially won was on July 19, when some lucky man or woman from California managed to win a $1.08 billion jackpot.
Moreover, if there’s a winner during this approaching draw, they may choose to have a prize paid out in one of two ways, which are:
- “lump sum payment estimated at $756.6 million
- annuitized prize worth $1.73 billion.” If the winner decides to go with this, they will get one instant payment and 29 yearly payments that raise by 5% every subsequent year.
However, both of are calculated as profit before tax (PBT), according to the official press release.
Tickets and draw:
What’s more, if you’re new to the jackpot world, it’s good to know that you can buy tickets for $2 in 45 US states, along with Washington, D.C., Puerto Rico and the US Virgin Islands. At 10:59 p.m. EST on Mondays, Wednesdays and Saturdays, as well as on Powerball.com, you’ll have a chance to see if you’re a lucky winner. The total chances of winning a prize are 1 in 24.9, and the chances of actually winning the jackpot are 1 in 292.2 million!
If you want to see if you’re lucky enough, buy a ticket and you might just be the next lucky winner!