The Powerball jackpot has now reached $1.6 billion, the highest in U.S. lottery history. The previous top mark was $1.586 billion for a Powerball jackpot in 2016.
That’s the word from Powerball officials in advance of Saturday’s drawing. The previous top mark was $1.586 billion for a Powerball jackpot in 2016.
If there’s only a single winner of this Saturday’s drawing and that person claims the lump-sum prize , they’ll take home $782.4 million, Powerball officials said. But why is no one winning? A recent Fortune story noted that fewer people are playing per drawing than a few years ago, which means that there’s less likelihood of a jackpot-winning ticket.
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