Powerball: Jackpot climbs to $725 million

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Powerball: Jackpot climbs to $725 million
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Wednesday's jackpot will be worth at least $725 million.

If someone matches all of the numbers on Monday and decides to take the lump sum option, the cash value amount will be approximately $340.9 million before taxes, lottery officials said. If someone does not win, Wednesday’s drawing could move closer to top-five status among Powerball jackpots.

“It’s an exciting time to play when the Powerball jackpot reaches this level, and that excitement is further compounded when there is also a huge Mega Millions jackpot,” Drew Svitko, Powerball Product Group Chair and executive director of the Pennsylvania Lottery Executive Director, said in . “We typically see players purchase tickets for both games when the jackpots are this high, and remind players that it only takes one ticket to win a life-changing prize.”The Powerball jackpot was last hit in the April 19, 2023, drawing, lottery officials said in. That was when a ticket in Ohio matched all five white balls and the red Powerball to win a grand prize worth $252.6 million.

The Powerball jackpot has been won two other times during 2023. A player in Washington won a $754.6 million jackpot in the Feb. 6, 2023, drawing, and a player in Virginia won a $162.6 million jackpot in the March 4, 2023 drawing.

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