The Powerball jackpot has increased to an estimated $865 million after yet another drawing without a big winner, continuing a winless streak that dates to New Year's Day
The Powerball jackpot increased to an estimated $865 million after no one won Monday night's drawing, continuing a winless streak that dates to New Year's Day.The numbers drawn were: 7, 11, 19, 53 68 and red ball: 23.Since the last winner on Jan. 1, there have been 36 straight drawings without a big winner. It's tough to win the Powerball jackpot because the odds are so long, at 1 in 292.2 million.
The $865 million prize on the line for the next drawing Wednesday night is for a sole winner who is paid through an annuity, with an initial payment and then 29 annual payments. Most winners choose a cash payout, which for Wednesday night's drawing would be an estimated $416 million.The Powerball prize has mushroomed at a time when Mega Millions, the other nearly national U.S. lottery game, has become even bigger, with an estimated annuity payout of $1.1 billion.
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