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

45 minutes ago in Entertainment

Today in entertainment history: April 23

Fresh
elvis2

A look at the Hollywood headlines of years past.

yesterday in Entertainment

Alicia Silverstone courts controversy in new book for moms

alicia

The clueless star criticizes everything from vaccination to potty-training. Her methods may surprise you.

yesterday in Entertainment

It’s going to cost more to watch ‘Orange is the New Black’

netflix

Get ready because Netflix is raising its prices so "House of Cards" is going to cost more too.