The Powerball jackpot climbed to an estimated $925 million after no players hit it big Wednesday night, continuing a stretch of lottery futility that has lasted for more than two months.

The winning numbers were: 1, 7, 46, 47, 63 and red Powerball 7.

The jackpot for the next drawing Saturday night remains the world’s ninth-largest lottery prize of all time, behind earlier prizes in the Powerball and Mega Millions games that all topped $1 billion.

The jackpot has grown so large because there have now been 30 consecutive drawings without a big winner, dating back to July 19. Powerball’s terrible odds of 1 in 292.2 million are designed to generate big jackpots, with prizes becoming ever larger as they repeatedly roll over when no one wins.

The largest jackpot was a $2.04 billion Powerball prize hit by a player in California in November 2022.

In most states, a Powerball ticket costs $2 and players can select their own numbers or leave that task to a computer.

The $925 million jackpot is for a sole winner who opts for payment through an annuity, doled out over 30 years. Winners almost always take the cash option, which for Saturday night’s drawing would be an estimated $432.4 million.

Those winnings would be subject to federal taxes, and many states also tax lottery winnings.

Powerball is played in 45 states as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

Share:
More In Culture
Boosting Self Esteem at a Young Age
A recent study has found that young people's mental health worsens as they go through their teenage years, with the wellbeing of adolescent girls the most severely impacted. Simone Alicia, creator of The Self Esteem Doctor Academy, joins Cheddar News to discuss how to raise self esteem among this age group.
Amazon Ventures Into Live Audio Space With 'Amp'
Amazon unveiled its new mobile app called Amp as a direct competitor to Clubhouse, allowing people to host live radio shows. Although it is still in beta, users can join the waitlist from the iOS store.
Russia-Ukraine Crisis Putting Crypto In The Spotlight
The war in Ukraine continues to reveal heartbreaking gut-wrenching stories. The war in itself is not only devastating but also expensive. Experts estimate that Russia is draining nearly $20 million dollars each day to continue occupying and invading Ukraine. All this could force the country to turn to cryptocurrencies. It's a major turn for the country that briefly considered outlined digital assets entirely, but it could also have serious implications for cryptos. Managing Director at Quantum Fintech Group, Harry Yeh, joined Cheddar to discuss more.
What Biden's Ban on Russian Oil Imports Could Mean for Growing Energy Costs
As Russia intensifies its war on Ukraine, President Biden announced a ban on oil imported from the aggressor nation. Critics of Russia have said this would be the best way to force Putin to pull back, but curbs on Russian oil exports are expected to send already skyrocketing oil and gas prices even higher, further impacting consumers, businesses, financial markets, and the global economy. Leslie Beyer, CEO of the Energy Workforce and Technology Council, joined Cheddar News' Closing Bell to discuss. "It's certainly going to increase pricing, but it is the right thing to do," she said. "The industry itself has already pulled out of the significant portion of its operations in Russia."
Teacher Goes Viral on TikTok With English Lessons
On International Women's Day, we should not only focus on the women who came before us but but also the women doing the work today for a better tomorrow. Ms. James, also known as @iamthatenglishteacher on TikTok, is an Arkansas teacher who took her talents to the video-sharing app to expand her classroom from four walls to the world! She joins Cheddar News to discuss her love for teaching.
Load More