"The Powerball jackpot has jumped to an eye-popping $1.7 billion, after the 46th drawing passed without a big winner. The numbers drawn Monday night were 3, 18, 36, 41, 54 and the Powerball 7. Since Sept. 6, there have been 46 straight drawings without a big winner. The next drawing will be Christmas Eve on Wednesday, with the prize expected to be the 4th-largest in U.S. lottery history."
"The estimated $1.6 billion jackpot goes to a winner who opts to receive 30 payments over 29 years through an annuity. Winners almost always choose the game's cash option, which for Monday night's drawing would be an estimated $735.3 million. Powerball tickets cost $2, and the game is offered in 45 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands."
The Powerball jackpot climbed to $1.7 billion after the 46th drawing since Sept. 6 produced no grand-prize winner. Monday night's numbers were 3, 18, 36, 41, 54 with Powerball 7. The next drawing is scheduled for Christmas Eve and the prize is expected to rank as the fourth-largest in U.S. lottery history. Powerball odds are 1 in 292.2 million, though smaller prizes offer substantially better chances. The estimated annuity value for the previous drawing was $1.6 billion paid in 30 payments over 29 years, with a cash option of about $735.3 million. Tickets cost $2 and the game operates in 45 states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands, with three drawings each week.
Read at Boston.com
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