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Texas

Powerball announces postponement of record-breaking $1.9 billion lottery

Des Moines, Iowa – The Powerball draw has been postponed until Monday, with official results likely not known until late Tuesday, the multistate lottery association said in a statement. The event was postponed because the local lottery was having trouble processing sales, the official said.

“Powerball requires you to submit sales and play data for all 48 lotteries you are participating in before selecting your winning numbers. We can,” the lottery said in a statement to the Associated Press.

About three hours after the draw, which was scheduled for 10:59 p.m. ET, the association told the Associated Press:

The winning numbers and recorded video of the draw will be posted on the Powerball website and YouTube channel. Players must retain their tickets, the statement said.

The jackpot is about $400 million larger than the previous record jackpot and will continue to grow until someone wins. In the past he has only had four jackpots above $1 billion, but none come close to his current prize. The current prize money he started on August 6 with $20 million is bigger than ever in his three winless months. No one has won the jackpot since August 3rd.

The winner who opted for an annuity paid annually over 29 years would receive an estimated payout of $1.9 billion. Nearly all of the winners opted for cash instead, and Monday’s drawing puts her at $929.1 million.

Big prizes are attracting more and more people to drop $2 on Powerball tickets, but the game’s extraordinarily long odds of 1 in 292.2 million mean that the next draw will go through without winning the big prize. means likely. That boosts Wednesday’s draw jackpot to over $2 billion for him.

Someone who spent $2 on a Powerball ticket might wonder if something is wrong when 40 draws go through without a jackpot winner, but this is how the game is designed. The odds are he’s 1 in 292 million, meaning it’s unlikely anyone will win until the jackpot expands and attracts more players. And more ticket sales mean the lottery can raise more money for public programs. Here are the points for the state lottery. Still, it’s been a very long time without a jackpot, and if there’s no winner on Tuesday due to the delay, we’ve reached the record.

The game is played in 45 states, as well as Washington DC, Puerto Rico and the US Virgin Islands.

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https://www.ksat.com/news/national/2022/11/08/powerball-announces-delay-to-record-breaking-19b-drawing/ Powerball announces postponement of record-breaking $1.9 billion lottery

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