NO POWERBALL WINNERS! Jackpot Swells To $700M

The already chart-topping Powerball jackpot has just surpassed a staggering $700 million after no one picked the correct numbers.

Lottery officials announced that there were no winners for Wednesday’s drawing, making Saturday’s upcoming jackpot the largest in lotto history.

powerball

According to Gary Grief, executive director of the Texas Lottery and chair of the Powerball game group, the top prize tops any previous U.S. jackpot.  Continue reading

5 Facts You Need To Know Before You Play For The Ginormous Powerball Jackpot

1. HOW DOES THE JACKPOT RANK WHEN COMPARED TO PREVIOUS JACKPOTS?

The $450 million jackpot would be the sixth-largest ever in North America. It’s been growing since the last Powerball jackpot winner on Nov. 4 and will keep climbing if no one wins the big prize on Wednesday. If there isn’t a jackpot winner, the prize for Saturday’s drawing would be significantly larger, but it would still take some time to grow beyond the record. That was a $656 million Mega Millions jackpot won in March 2012. The largest Powerball prize was a $590.5 million jackpot won by a Florida woman in May 2013.

powerball

2. PAYOUT OPTIONS

The prize would have a cash option of $275.4 million, and that’s before taxes are deducted. The $450 million prize is based on an annuity, which would pay out the money over 29 years. Continue reading