Current:Home > InvestPowerball jackpot grows to $975 million after no winner in March 30 drawing -Finovate
Powerball jackpot grows to $975 million after no winner in March 30 drawing
View
Date:2025-04-26 11:57:39
No one matched all six numbers in Saturday night's Powerball drawing, leading the jackpot to grow to an estimated $975 million.
The numbers drawn were: 12, 13, 33, 50, 52 and the red Powerball 23.
No one has won Powerball's top prize since New Year's Day, amounting to 37 consecutive drawings without a jackpot winner. That streak without a winner is nearing the record number of 41 consecutive drawings, set twice in 2022 and 2021.
The game's long odds of 1 in 292.2 million makes it a rare jackpot. By making the top prizes hard to hit, jackpots can grow large and then attract more sales.
The $975 million prize is for a sole winner who chooses an annuity, paid over 30 years. Winners who opt for cash would be paid $471.7 million. The prizes would be subject to federal taxes, and many states also tax lottery winnings.
The odds of winning the Powerball jackpot are 1 in 292.2 million.
The frequency of large jackpots has surged for both Powerball and Mega Millions in recent years as both games doubled ticket prices and lowered odds.
Last August, a single winning ticket was sold in Neptune, Florida, for a $1.6 billion jackpot, the largest in Mega Millions history, and the third-largest in lottery history. In February 2023, a winning ticket sold near Los Angeles claimed a $2.04 billion Powerball jackpot, the largest in lottery history.
Powerball is played in 45 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands. Powerball drawings are held every Monday, Wednesday and Saturday at 11 p.m. Eastern.
- In:
- Powerball
- Lottery
veryGood! (8584)
Related
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Colombian judge orders prison for 2 suspects in the kidnapping of parents of Liverpool soccer player
- Jill Biden is bringing a holiday ice rink to the White House for children to skate and play hockey
- Whale hunting: Inside Deutsche Bank's pursuit of business with Trump
- Federal hiring is about to get the Trump treatment
- North Dakota State extends new scholarship brought amid worries about Minnesota tuition program
- Weather experts in Midwest say climate change reporting brings burnout and threats
- New warning for online shoppers: Watch out for fake 'discreet shipping' fees
- Trump invites nearly all federal workers to quit now, get paid through September
- Kraft introduces new mac and cheese option without the cheese
Ranking
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- 4 news photographers shot, wounded in southern Mexico
- Video of rich kid beating parking guard outrages Mexico, already plagued by class divisions
- Mali, dubbed the world's saddest elephant, has died after decades in captivity at the Manila Zoo
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Average US life expectancy increases by more than one year, but not to pre-pandemic levels
- Inflation is cooling, but most Americans say they haven't noticed
- Autoworkers strike cut Ford sales by 100,000 vehicles and cost company $1.7 billion in profits
Recommendation
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
Michigan woman plans to give her kids their best Christmas ever after winning $100,000
Families of American hostages in Gaza describe their anguish and call on US government for help
Peter Thomas Roth Flash Deal: Get $140 Worth of Retinol for Just $45
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Lawsuit alleges negligence in train derailment and chemical fire that forced residents from homes
Jets begin Aaron Rodgers’ 21-day practice window in next step in recovery from torn Achilles tendon
American woman among the hostages released on sixth day of Israel-Hamas cease-fire, Biden confirms