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Powerball lottery jackpot soars to $1.3 billion in world record

Powerball lottery jackpot soars to $1.3 billion in world record

Powerball lottery jackpot soars to $1.3 billion in world record
Powerball lottery jackpot soars to $1.3 billion in world record

The grand prize for the lottery, played in 44 States in US, has been scaling for weeks after repeated drawings produced no huge victor

No ticket holder had the magic blend of 32-16-19- 57-34 and the Powerball number 13.

The huge prize for the lottery, which is played in 44 States, Washington, and two U.S. territories, has been climbing for weeks after continued drawings generated no huge victor.

The jackpot started on November 4, 2015 at $40 million but rolled over 19 times before Saturday.

Millions of Americans had flocked to get tickets as the size of the pot surged.

But, the Saturday night bringing for a record $900 million jackpot — the biggest in U.S. history — created no winners, fuelling exhilaration of being a potential winner even more.

“No #Powerball jackpot winners in virtually any state tonight. Wednesday’s jackpot is a new WORLD RECORD! Can you believe it?” Texas Lottery tweeted.

From a drum containing 69 balls while a sixth one that was red is pulled from a drum with 26, five white balls are drawn in the Powerball lottery. A ticket holder has to match all the numbers on the chosen balls to win the jackpot.

The very first five can be in any sequence, but the sixth must be the Powerball number.

The victor can either opt to receive the entire jackpot in yearly instalments over 29 years or take a lower one-off payment in cash.

The executive director of the Texas Lottery, Gary Grief was quoted as saying by the Chicago Tribune that the chance of no one hitting on all five initial numbers as well as the Powerball number was growing more slender, expecting that about 75 per cent of all mixes will have been bought.

The U.S. saw revenue of $277 million on Friday alone and more than $400 million anticipated on Saturday, Mr. Grief said.

source: via