This jackpot’s one in one million.
The prize for Saturday’s Powerball drawing has soared to a mind-blowing $1.6 billion — the most important in U.S. lotto historical past, officers stated Friday.
The record-shattering astronomical sum comes because the Powerball sequence hits its fortieth consecutive run with no grand prize winner since Aug. 3, growing the percentages of a win, lotto officers stated.
Gamers can purchase tickets up till 10 p.m. EST on Saturday and have a 1 in 292 million probability of hitting it massive.
Solely two different lotto jackpots have ever climbed larger than $1.5 billion within the U.S., together with a $1.537 billion Mega Hundreds of thousands prize in 2018 and a $1.586 billion Powerball prize in 2016.
In 2016, the earlier highest jackpot ever, the prize was break up between ticket holders in California, Florida, and Tennessee.
New York has had a median of 321,144 winners per draw over the previous 5 attracts, that means the overall winners for Wednesday’s draw was 71% larger than common — and the percentages of profitable have gotten higher every day since then, in accordance with Powerball.internet.
Saturday’s $1.6 billion payout goes to a winner who opts to have the dough paid out yearly over 29 years.
In contrast, it’s a $782 million money prize.