Powerball Jackpot Reaches $1.25 Billion Amid Multiple Wins and Rescues

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Source: CNN
Powerball Jackpot Reaches $1.25 Billion Amid Multiple Wins and Rescues
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TL;DR Summary

Powerball's jackpot has increased to an estimated $1.25 billion for Wednesday's drawing after no winners on Monday, making it the second largest jackpot of the year and the sixth highest in history. Players can choose between an annuitized payment or a lump sum of approximately $572.1 million before taxes. The odds of winning are 1 in 292.2 million, and the next drawing is scheduled for Wednesday night.

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