Powerball at its 33rd straight drawing, now at $1.4 billion
Yes, the Powerball jackpot has reached an incredible $1.4 billion, making it the third-largest jackpot in U.S. history. The drawing will take place on October 7, 2023, at 10:59 PM ET.
The odds of winning the Powerball jackpot are 1 in 292.2 million, but the odds of winning any prize are 1 in 24.9. So, even if you don't win the big one, you still have a chance to take home some money.
If you're thinking about buying a Powerball ticket, here are a few things to keep in mind:
You must be at least 18 years old to play.
Tickets cost $2 each.
You can choose your own numbers or ask the computer to pick them for you.
You can also add the Power Play option for an extra $1 per ticket. The Power Play multiplier can increase your non-jackpot winnings by up to 10 times.
If you win the Powerball jackpot, you can choose to receive your prize in an annuity payment over 30 years, or you can take a lump-sum payment. The lump-sum payment for the $1.4 billion jackpot is estimated to be around $643 million.
Please remember that gambling is addictive and should be done in moderation. If you have any concerns about gambling addiction, please seek help from a professional.