The ninth-largest lottery jackpot will be on the line when numbers are drawn for a $785 million Powerball prize
FILE - A display panel advertises tickets for a Powerball drawing at a convenience store, Nov. 7, 2022, in Renfrew, Pa. . The payout for the drawing, Monday, Sept. 25, 2023 has grown so large because it has been building for more than two months, since a player in California matched all six numbers on July 19. The ninth-largest lottery jackpot will be on the line Monday night when numbers are drawn for a $785 million Powerball prize.
The payout has grown so large because it has been building for more than two months, since a player in California matched all six numbers on July 19 and won $1.08 billion. That's 28 consecutive drawings without a big winner. That winless streak is due to the miserable odds of winning the Powerball jackpot, at 1 in 292.2 million. It's those long, long odds that result in such large top prizes, as they cause the jackpot to roll over week after week.
Although the game highlights the $785 million prize, that is for a winner who is paid through an annuity over 30 years. Winners almost always choose the cash payout option, which for Monday night's drawing would be $367 million.Powerball is played in 45 states, as well as Washington, D.C.,
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