Powerball Jackpot Soars to $1.1 Billion After Latest Drawing Yields No Winner
In a significant turn of events, the Powerball jackpot has surged to an impressive $1.1 billion following the latest drawing on Saturday night. The drawing failed to produce any tickets that matched all six winning numbers. This jackpot marks a notable rise as it heads towards its next drawing on Monday.
Latest Drawing Overview
The winning numbers drawn on Saturday were 1, 28, 31, 57, 58, with the Powerball number being 16. This drawing was the 41st occurrence since a winning ticket with all six numbers was last sold, leading to this record-breaking jackpot.
Winning Tickets and Prizes
While no grand prize winners emerged, several players achieved noteworthy results:
- Tickets that matched five numbers, excluding the Powerball, were sold in California, Florida, Michigan, New Jersey, and Virginia, each worth $1 million.
- In North Carolina and Pennsylvania, winning players who matched five numbers and opted for the Power Play won $2 million each.
Jackpot Statistics and Historical Context
The current estimated jackpot reached $1.1 billion. This amount ranks as the seventh-largest jackpot in Powerball history, which began in 1992. The odds of winning the jackpot by matching all five numbers and the Powerball are approximately 1 in 292.2 million. Overall, the chance of winning any prize in Powerball is about 1 in 24.9.
This increase in the Powerball jackpot continues a trend of high-stakes lottery draws. Since its inception, the Powerball game has become popular across 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.
With the excitement building for the next drawing, many players are hoping to test their luck, aiming for the massive $1.1 billion jackpot.
