The Powerball jackpot has surged to an estimated $1.2 billion as no ticket matched all the numbers required for the grand prize in Monday night’s drawing.
This colossal prize, available for the Wednesday draw, ranks as the third-largest in Powerball’s history. If won, the fortunate player will have the choice to receive a cash prize of $551.7 million before taxes, as indicated on Powerball’s website.
The jackpot rolled for a 32nd time Monday with no winners for the $1.04 billion jackpot. Monday’s winning numbers were: 12, 26, 27, 43, 47 and Powerball 5.
There have been no grand prize winners since July 19, when a single ticket sold in California nabbed a jackpot worth $1.08 billion.
While there was no jackpot winner Monday, there were still some who scored big. Two tickets sold in New York and South Carolina won $2 million prizes and two tickets in Delaware and Michigan nabbed $1 million prizes, according to Powerball’s website.
The jackpot crossed the billion-dollar mark on Saturday, marking the first time in Powerball history that back-to-back jackpot cycles have generated billion-dollar grand prizes, according to Powerball.
Overall, your odds of winning a Powerball prize of any amount are 1 in 24.9, the lottery says. But the chances of winning a grand prize are exceedingly slim at 1 in 292.2 million.
The largest Powerball Jackpot in history was a staggering $2.04 billion prize claimed in California in November 2022. It was preceded by a $1.586 billion jackpot won in January 2016, with the latest in the line being the estimated $1.2 billion prize in October 2023.
