Powerball Jackpot Soars to $1.4 Billion, Sixth-Largest in U.S. History
The Powerball jackpot has escalated to an estimated $1.4 billion, the sixth-largest in U.S. history, after 40 drawings failed to produce a grand prize winner.
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Overview
- The Powerball jackpot has escalated to an estimated $1.4 billion, becoming the sixth-largest lottery prize in U.S. history due to 40 consecutive drawings without a grand prize winner.
- The massive prize pool accumulated since the last top prize was claimed on May 31, 2025, continuously driving the jackpot higher over several months.
- Despite challenging odds of approximately 1 in 292 million for the grand prize, the most recent drawing still saw 10 lucky tickets secure $1 million each.
- Grand prize winners typically opt for the cash payout, which for the current $1.4 billion jackpot is an estimated $634.3 million before taxes.
- Powerball tickets, priced at $2 each, are available for purchase across 45 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands.
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Analysis
Center-leaning sources cover the Powerball story neutrally, focusing on factual reporting. They provide objective details about the soaring jackpot, drawing specifics, and rules, such as states where tickets are unavailable. This approach ensures readers receive clear, unbiased information, avoiding loaded language or a particular stance on the lottery's implications.
"While Americans in the vast majority of states can try their luck at winning the $1.7 billion jackpot, the lottery game is prohibited by law in a select group of five states."
USA TODAY"As the Saturday, Sept. 6, Powerball jackpot climbs past $1.7 billion, many players may be eyeing No. 16 as their red Powerball pick."
USA TODAY"The Powerball jackpot is incredibly difficult to win; hitting the jackpot is less likely than these unexpected events."
USA TODAY"With the Powerball jackpot now nearing $2 billion, are you ready to take another shot at winning the Powerball lottery?"
USA TODAY"The jackpot grows until it is won."
USA TODAY"The Powerball jackpot soared to an estimated $1.7 billion for Saturday night's drawing after no tickets came up winners of Wednesday's $1.4 grand prize, Powerball said."
CBS News"The prize money swells to a staggering $1.40 billion, per the latest update Wednesday morning."
ABC News"An estimated $1.4 billion lottery jackpot will be up for grabs Wednesday night thanks to dozens of drawings without a big winner."
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FAQ
The Powerball jackpot has escalated to an estimated $1.7 billion, making it the third-largest prize in the history of the game.
The odds of winning the Powerball jackpot are approximately 1 in 292.2 million.
Winners can choose either an annuity paid out over 30 years or a lump-sum cash payout, which for the current $1.7 billion jackpot is estimated at around $770.3 million before taxes.
The last Powerball jackpot was claimed on May 31, 2025, in California, and there have been 41 consecutive drawings without a grand prize winner since then.
Powerball tickets are available for purchase across 45 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands.
History
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