News

Powerball jackpot rises to $400 million

Powerball jackpot rises to $400 million

The jackpot for the next Powerball drawing rose to an estimated $400 million. Photo: Reuters

(Reuters) – The jackpot for the next Powerball drawing rose to an estimated $400 million dollars after no one picked all six winning numbers in Saturday night’s drawing, the Multi-State Lottery Association said on Sunday.

The next drawing will be on Wednesday night and the odds of winning the jackpot are about 1 in 175 million, the association said on its website. The jackpot is valued at $400 million if paid out in 30 annual payments, or $230.3 million in a lump sum.

The biggest single-winner Powerball jackpot of $590.5 million was claimed in June by an 84-year-old Florida woman who opted for a lump-sum payment of nearly $371 million rather than the 30-year option.

The largest jackpot in U.S. history stands at $656 million, won in the Mega Millions lottery of March 2012. That prize was split among winners in Maryland, Kansas and Illinois.

Recent Headlines

in Entertainment

Jimmy Kimmel is the Internet’s most dangerous man

kimmel

Searching for the late-night comedian may be hazardous to your hard drive.

in Entertainment

‘Rush Hour’ could be headed to the small screen

rushhour

The series will reportedly follow the style of the movies.

in Music

Malcolm Young’s nephew to replace him in AC/DC

Malcolm Young, Cliff Williams, Angus Young and Brian Johnson of AC/DC
Premiere of 'AC/DC - Live at River Plate' at Hammersmith Apollo - Arrivals London, England - 06.05.11

Rockers AC/DC are planning to keep it in the family when it comes to replacing guitarist Malcolm Young in the line-up.