$1.9bn Powerball Lottery Is the Largest in World’s History
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$1.9bn Powerball lottery jackpot is the largest in the history of the world. Nobody won the jack pot in Saturday's $1,6bn drawing.
The next Powerball drawing is on Monday night. The odds of winning are one in 292.2 million. There has been no winner since August 3. It is the longest time without a winner. If someone wins, they can choose to take the one-time cash out for $929.1 million, which is lower than the annual prize.
The current world record for the largest lottery win is nearly $1.6bn, which three Powerball players split in 2016. The IRS takes 24% of lottery jackpot winnings right off the bat and the rest is taxed in the top bracket.
