"Powerball Fever Escalates as Jackpot Hits $810M with Winners in N.J."

1 min read
Source: Fox Business
"Powerball Fever Escalates as Jackpot Hits $810M with Winners in N.J."
Photo: Fox Business
TL;DR Summary

The Powerball jackpot has reached an estimated $810 million, making it the fifth-largest in Powerball history and the 10th-largest in U.S. lottery history, with the next drawing set for January 1. The cash value of the prize is estimated at $408.9 million, and the odds of winning remain steep at 1 in 292.2 million. This comes after 34 consecutive drawings without a jackpot winner, with the last grand prize of $1.765 billion won on October 11 in California. Players have the option of an annuitized prize or a lump sum payment, both subject to taxes.

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