WASHINGTON D.C.: A surge in sales from players attracted by a potential enormous win, led officials to raise the Powerball jackpot from some $620 million to $635 million ahead of Saturday night’s draw.
Although far lower than the record $1.586 billion prize in 2016, the jackpot is now the 10th largest in Powerball history.
The one-in-292.2 million chance of winning the grand prize is considered the reason for the 39 consecutive draws without a winner and the subsequent size of the current jackpot.
The jackpot is the payout for winners who choose the annuity option of 30 payments over 29 years. Almost all winners choose the cash option, which is an estimated $450 million for Saturday’s draw.
Powerball is played in 45 states, as well as in Washington DC, the U.S. Virgin Islands and Puerto Rico.