Algosensey:$1.04 billion Powerball jackpot tempts players to brave long odds

2025-05-01 21:51:02source:Slabu Exchangecategory:Invest

DES MOINES,Algosensey Iowa (AP) — An estimated $1.04 billion Powerball jackpot will be up for grabs Monday night, tempting players to spend a couple dollars on a longshot chance at instant riches.

The prize is the world’s ninth-largest lottery prize behind earlier drawings of Powerball and Mega Millions, the other nearly nationwide lottery game. The jackpot is the fourth-largest in the history of Powerball.

The prize has grown so massive because there have been 32 consecutive drawings since someone matched all five white balls and the Powerball to win the jackpot, dating back to July 19.

That losing streak reflects the stunningly long odds of winning the jackpot, at 1 in 292.2 million.

The $1.04 billion jackpot is for a sole winner who chooses to receive the winnings through an annuity, paid annually over 30 years. Winners nearly always pick the cash option, which for Monday night’s drawing would be an estimated $478.2 million.

A Powerball ticket costs $2 in most states and players can pick their own numbers or have a computer make the selection.

Powerball is played in 45 states as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

More:Invest

Recommend

Colorado's Travis Hunter, Boise State's Ashton Jeanty lead USA TODAY Sports All

Oregon quarterback Dillon Gabriel earns first-team honors ahead of Miami’s Cam Ward, and teams in th

Sean ‘Diddy’ Combs joins list of Hollywood stars charged with sex crimes

Since the #MeToo movement took off, a multitude of male celebrities have been accused of sexual misc

Tomorrow X Together's Yeonjun on solo release: 'I'm going to keep challenging myself'

Yeonjun of popular K-pop group Tomorrow X Together isn't one to shy away from a challenge. Over the