Christmas Powerball Prize Could Reach $ 400 Million
One lucky ticket holder could win a multi-million dollar prize on Christmas Day. The Powerball jackpot climbed to around $ 400 million for the third time this year, the lottery association said.
The estimated jackpot has a cash value of $ 292 million and the winning numbers are drawn every Monday, Wednesday and Saturday at 10:59 p.m. ET on the Powerball website. Tickets cost $ 2.00 per coin and are sold in 45 different states as well as the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.
Powerball jackpot winners can choose to receive their prize as a lump sum payment or in 30 progressive installments over 29 years.
But the chances of getting the top prize are low.
According to Powerball, the odds of winning the jackpot are one in 292.2 million, while the overall odds of winning a general prize are one in 24.9. Since the jackpot was last won – on October 4 for $ 699.8 million – there have been 34 consecutive draws without a winner. In January, a person from Maryland won $ 731.1 million, one of the biggest Powerball jackpots ever.
In 2016, the jackpot hit a record high of $ 1.586 billion. The winners from California, Florida and Tennessee shared the grand prize.
Tori B. Powell
The post-Christmas Powerball prize could reach $ 400 million appeared first on TBEN News.
