Second biggest lottery prize ever is up for grabs in Powerball drawing

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Second biggest lottery prize ever is up for grabs in Powerball drawing
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After 35 straight drawings without a big winner, Powerball players will have a shot Wednesday at a near-record jackpot worth an estimated $1.73 billion. It would be the second largest of any lottery prize ever, topped only by the $2.04 billion Powerball won by a player in California last November. The previous No. 2 was a $1.586 billion Powerball with three winners in California, Florida and Tennessee in 2016. Powerball’s terrible odds of 1 in 292.2 million are designed to generate big jackpots,

FILE - Powerball lottery tickets are displayed Oct. 4, 2023, in Surfside, Fla. An estimated $1.4 billion Powerball jackpot that has been growing since July is about to be on the line. Saturday night’s jackpot is the world’s fifth-largest lottery prize after rolling over for 33 consecutive drawings. Powerball tickets are shown at a lottery agent, Tuesday, Oct. 10, 2023, in Haverhill, Mass.

The jackpot has grown so large because there have been 35 consecutive drawings without a big winner. The previous winning Powerball ticket was sold on July 19, and it was worth $1.08 billion after 39 drawings without a jackpot win. In most states, a Powerball ticket costs $2 and players can select their own numbers or leave that task to a computer., doled out over 30 years. Winners almost always take the cash option, which for Wednesday night’s drawing is estimated at $756.6 million.

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