Powerball Back Over $1 Billion

October 1, 2023 8:08 am

There were no winners in Saturday’s Powerball drawing, meaning that Monday’s prize will be an estimated $1.04 billion. It marked the 32nd consecutive drawing without a jackpot winner, lottery officials said. Ticket sales could push Monday’s drawing into the top three in the history of the promotion. If someone wins the big prize, they will have two options: An annuity, in which the winner receives one immediate payment followed by 29 annual payments that increase by 5% each year; or the lump sum option. Choosing the second option will make the cash value amount approximately $478.2 million before taxes. There were solo tickets sold in North Carolina and Indiana that matched all five white numbers and had the 2x multiplier, meaning they won $2 million apiece. Two tickets in Florida and one each in Maryland, Michigan and Pennsylvania matched five numbers to earn a $1 million payday for each winner.