The estimated $700 million Powerball jackpot is the 10th largest in U.S. lottery history and the latest in a string of huge lottery prizes. Someone in Maine won a $1.35 billion Mega Millions prize less than three weeks ago.
The jackpots grow so large because the tough odds offer just a miniscule chance of matching all six numbers and winning the top prizeAnother huge lottery jackpot will be on the line Saturday night for players willing to put up $2 against daunting odds of actually winning the top prize.
The jackpots grow so large because the tough odds offer just a miniscule chance of matching all six numbers and winning the top prize. That enables the jackpots to roll over and increase for months. The $700 million estimate is for a winner who is paid through an annuity over 29 years. Winners usually opt for cash, which for Saturday night's drawing would be $375.7 million.
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