Powerball jackpot jumps to $835 million. What are your odds of winning?
The Powerball jackpot rose to $835 million after no ticket matched all the numbers in Monday night’s draw.
That means there’s a chance, albeit a very slim one, to win a massive payout during Wednesday night’s drawing; the odds of winning the Powerball jackpot are 1 in 292.2 million.
Monday’s drawing marked the 29th in a row without a jackpot winner. The last time someone won the top prize was July 19, when a $1-billion ticket was sold at the Las Palmitas Mini Market at East 12th and Wall streets, just a stone’s throw away from Skid Row. The winner has not yet come forward or been identified.
Flanked by fabric shops and stores displaying elaborate quinceañera dresses, a frenzy buzzed at the downtown Los Angeles store where the ticket to a $1-billion Powerball jackpot was sold.
Earlier this year, another huge Powerball jackpot was won in Los Angeles County, after a $2.04-billion ticket was bought at an Altadena gas station.
Powerball jackpot winners can choose to claim the prize in 30 graduated annual installments or a cash option, which is paid out once instead of in installments. The winner has up to a year from the date of the draw to claim it.
The jackpot depends on how many people match all five numbers and the Powerball.
Powerball is played in 45 states, as well as in Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
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