"Driving the news: The jackpot surged to $1.4 billion up from the $1.3 billion originally up for grabs Wednesday because of strong national ticket sales, lottery officials said. The cash option for Wednesday's drawing is $634.3 million before taxes. Wednesday's drawing is at 10:59pm ET and the numbers are drawn from the Florida Lottery draw studio in Tallahassee. Drawings are held three times each week on Mondays, Wednesdays and Saturdays."
"Powerball tickets are $2 per play, but for an extra $1 per play you can add the Power Play feature to "multiply non-jackpot prizes by 2, 3, 4, 5 or 10 times." The multiplier number is randomly selected just before each drawing. The 10X multiplier is only in play when the advertised jackpot annuity is $150 million or less, according to the lottery. Follow the money: Americans spent an average of $320 on lottery tickets in 2023, up about 4% from 2022,"
The Powerball jackpot stands at $1.4 billion after robust national ticket sales, with the cash option listed at $634.3 million before taxes. The current run marks the 41st drawing since the jackpot was last won in California on May 31; the record run is 42 drawings. Drawings occur at 10:59pm ET from the Florida Lottery draw studio in Tallahassee and take place Mondays, Wednesdays and Saturdays. Tickets cost $2 per play, with an optional $1 Power Play that can multiply non-jackpot prizes; multiplier selection is random and the 10X only applies under certain annuity conditions. Purchase deadlines vary by state, typically one to two hours before drawings.
Read at Axios
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