US Powerball jackpot reaches whopping $1.04bn

The US Powerball jackpot has risen to a whopping $1.04bn (round £852m) after nobody gained over the weekend.

The subsequent probability for ticket consumers to clinch the jackpot shall be Monday’s draw, though they should overcome the steep odds of 1 in 292.2 million to safe a win.

The potential jackpot would be the world’s ninth-largest lottery of all time.

The cash has been accrued after 30 consecutive attracts, over a interval of greater than two months, with no massive winner.

To win the large sum, a participant should guess all six fortunate numbers, together with the ultimate Powerball.

Saturday evening’s numbers had been: 19, 30, 37, 44, 46 and pink Powerball 22.

Americans should purchase a Powerball ticket for $2 (£1.64) and winners can determine to obtain their cash as an annuity, paid in 30 graduated funds over 29 years, or a lump sum money fee.

So, whereas the annuity worth of Monday’s jackpot can be $1.04bn, the lump sum of money – which winners usually select – can be an estimated $478.2m (£392m).

Those winnings can be topic to federal taxes, whereas many states additionally tax lottery prizes.

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For context, $1.04bn would purchase you round thirty 10-bedroom mansions within the fascinating west London suburb Kensington and Chelsea; 300 plus top quality around the world cruises; or 100 eight-seater non-public jets.

The largest ever jackpot was a $2.04bn Powerball prize gained by a participant in California in November 2022.

The Powerball jackpot is performed in 45 US states, in addition to Puerto Rico and the US Virgin Islands.