
"The Powerball jackpot rose to an estimated $1.3 billion Monday night after the winning numbers failed to appear. The numbers drawn were 8, 23, 25, 40, 53 with the Powerball 5. No one has matched all six numbers since May 31, allowing the jackpot to swell to $1.3 billion, which would be the fifth-largest prize in the game's history if there is a winner in the drawing Wednesday night."
"Payments for a jackpot would be spread over 30 years. A winner also can choose an immediate lump sum in cash before taxes, which now stands at $589 million. The odds of matching all six numbers are astronomical: 1 in 292.2 million. The odds of getting struck by lightning are far greater. But with so many people putting down money for a chance at life-changing wealth, someone eventually wins."
The Powerball drawing produced numbers 8, 23, 25, 40, 53 and Powerball 5, and no ticket matched all six numbers. The jackpot climbed to an estimated $1.3 billion, the result of no winner since May 31 and rising ticket sales. Two tickets in Montana and North Carolina won $2 million each. Jackpot payments can be spread over 30 years or taken as an immediate lump sum currently estimated at $589 million before taxes. The odds of hitting the jackpot are 1 in 292.2 million. Powerball costs $2 per ticket and is offered in 45 states plus DC, Puerto Rico and the U.S. Virgin Islands, with drawings three nights weekly.
Read at Boston.com
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