A person shows his scan card for their personal selection numbers for a ticket for a Powerball drawing on Nov. 7, 2022 in Renfrew, Pa.(AP Photo/Keith Srakocic, File)
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.
The record-breaking success of "Squid Game" on Netflix has many media companies competing to produce, stream, and invest in new content from South Korea. Netflix has spent half a billion dollars on developing Korean content this year, and other streaming services are taking note. Seth Schachner, managing director at StratAmericas and digital business executive, joins Cheddar News to discuss.
The two tech- billionaires Elon Musk and Jack Dorsey are the latest voices to discuss the new hypothetical internet called Web 3.0. According to the billionaires, the new concept is just a "marketing buzzword" and cannot exist without venture capitalists or large backing. However, advocates of the Web 3.0 believe this decentralized space is the next big thing to help put ownership back into the hands of the people. Senior News Editor at The Verge, Richard Lawler, joined Cheddar to discuss more.
This year, the games market will generate total revenues of $180.3 billion dollars, a significant increase from 2020. While the industry continues to grow and expand into new spaces, such as the metaverse, there is still plenty of room for growth and reform in this male-dominated market. Katie Robinson, content creator, joins Cheddar News to discuss.
Jacob Channel, Senior Economic Analyst at LendingTree, joins Cheddar to discuss some of the most family-friendly metros in the U.S., and tips for house hunting for a family in the new year.
The hit series "Cobra Kai" on Netflix is about to drop the fourth season on December 31. Jacob Bertrand, who plays Eli "Hawk" Moskowitz, joined Cheddar to talk about what viewers can expect from his character in the upcoming season and why it translates so well with new audiences as well as fans of the original "Karate Kid" film. Bertrand also discussed his podcast with series co-star Xolo Maridueña called "Lone Lobos."
The theme for this year's Waterford Crystal Times Square New Year's Eve Ball is the 'Gift of Wisdom.' Waterford Crystal's Master Artisan Tom Brennan joins Cheddar News to discuss the story behind this year's theme, how Covid is impacting New Year's celebrations and some surprising facts about the Waterford Times Square ball.
Ron Gutman, Co-CEO of Intrivo, joins Cheddar News to discuss how the company is creating a test and tech solution for Covid testing called 2Gather, and how it's using data-driven digital diagnostics to make these tests widely available and affordable.
Despite challenges like inflation, labor and product shortages, and the Omicron variant, holiday sales saw record levels of growth this year, according to a new report from Mastercard SpendingPulse. The group reports on national retail sales across all payment types, finding that holiday sales rose at the fastest pace in 17 years this year. Mastercard senior advisor and former chariman and CEO of Saks Incorporated Steve Sadove joined Cheddar News' Closing Bell to discuss.
Dr. Saralyn Mark, COVID-19 leader at the American Medical Women's Association and former senior medical advisor at the White House, joins Cheddar News' Closing Bell, where she says people should reconsider their plans for New Year's Eve due to the high transmissibility of the Omicron variant and adds that we should be using the resources at our disposal to make the best decisions.