Current:Home > NewsSafeX Pro:Powerball jackpot grows to estimated $1.04 billion, fourth-largest prize in game's history -Capital Dream Guides
SafeX Pro:Powerball jackpot grows to estimated $1.04 billion, fourth-largest prize in game's history
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-09 07:23:41
The SafeX ProPowerball jackpot rose to an estimated $1.04 billion after the latest drawing on Saturday night ended without a winner — meaning no ticket matched all six numbers drawn during the play.
The estimated prize heading into the next Powerball drawing on Monday is just the fourth in the game's history to surpass $1 billion. Jackpots that exceeded the threshold in the past include a $1.08 billion prize, which went to a ticket holder in California during a draw on July 19, 2023. It was the last time someone won the Powerball grand prize, and 32 consecutive rounds have played out since then without winner.
Powerball jackpots have climbed past the $1 billion mark two other times: once, in January 2016, when a $1.586 billion grand prize went to winning tickets purchased in California, Florida and Tennessee; and, again, in November 2022, when a ticket purchased in California won the largest Powerball jackpot ever with $2.04 billion.
The winning numbers drawn on Saturday were 19, 30, 37, 44 and 46, with a red Powerball number of 22, according to the game. Although no ticket matched all six numbers, some players did win smaller prizes after purchasing tickets with partial matches. Powerball said in a statement released Sunday morning that more than 2.5 million tickets purchased ahead of the latest draw won some form of monetary prize.
Five tickets, purchased in Florida, Maryland, Michigan and Pennsylvania, matched the first five numbers — all white balls — and earned $1 million prizes. Two other tickets, purchased in Indiana and North Carolina, matched the five white balls too, but they won $2 million prizes since ticket holders bought them with the Power Play multiplier, an add-on feature that costs an additional $1 but increases a winner's earnings by whatever the "multiplier" factor is on a given night. The Power Play multiplier was 2x on Saturday.
Powerball drawings happen weekly on Monday, Wednesday and Saturday nights, beginning at 10:59 p.m. ET at the Florida Lottery draw studio in Tallahassee. The next Powerball drawing is set for Monday night, Oct. 2. Like past drawings, it will also be available to live stream on Powerball.com.
The estimated $1.04 billion Powerball jackpot has a cash value of $478.2 million. If there is a winner during Monday's draw, that player, or players, will have the option to receive their prize in annual annuities, starting with one payment given out immediately and followed by yearly payments that increase by 5% each time.
The annuity prize is the option worth an estimated $1.04 billion, whereas the second option, a lump sump paid in full to the winner right away, is worth an estimated $478.2 million. Both are pretax estimates.
- In:
- Powerball
veryGood! (38376)
Related
- New data highlights 'achievement gap' for students in the US
- Most Federal Forest is Mature and Old Growth. Now the Question Is Whether to Protect It
- Mono Lake Tribe Seeks to Assert Its Water Rights in Call For Emergency Halt of Water Diversions to Los Angeles
- Lawmakers Urge Biden Administration to Permanently Ban Rail Shipments of Liquefied Natural Gas
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- These Small- and Medium-Sized States Punch Above Their Weight in Renewable Energy Generation
- Selena Quintanilla's Husband Chris Perez Reunites With Her Family After Resolving Legal Dispute
- How Riley Keough Is Celebrating Her First Emmy Nomination With Husband Ben Smith-Petersen
- B.A. Parker is learning the banjo
- Shawn Johnson Is Pregnant, Expecting Baby No. 3 With Husband Andrew East
Ranking
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Save 30% on the TikTok-Loved Grande Cosmetics Lash Serum With 29,900+ 5-Star Reviews on Prime Day 2023
- Why the Language of Climate Change Matters
- BravoCon 2023 Is Switching Cities: All the Details on the New Location
- The company planning a successor to Concorde makes its first supersonic test
- In Pennsylvania, Home to the Nation’s First Oil Well, Environmental Activists Stage a ‘People’s Filibuster’ at the Bustling State Capitol
- Chipotle testing a robot, dubbed Autocado, that makes guacamole
- Appeals court halts order barring Biden administration communications with social media companies
Recommendation
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Meghan King Reveals Wedding Gift President Joe Biden Gave Her and Ex Cuffe Biden Owens
Shawn Johnson Is Pregnant, Expecting Baby No. 3 With Husband Andrew East
A 3M Plant in Illinois Was The Country’s Worst Emitter of a Climate-Killing ‘Immortal’ Chemical in 2021
Military service academies see drop in reported sexual assaults after alarming surge
2023 ESPYS Winners: See the Complete List
UN Water Conference Highlights a Stubborn Shortage of Global Action
New York’s New Mayor Has Assembled a Seasoned Climate Team. Now, the Real Work Begins