June 28, 2024 2 min read

likes:

Fact-checked by Velimir Velichkov

Powerball Grand Prize Surpasses $110M for Upcoming Drawing

Surviving Wednesday's drawing, the jackpot from Powerball is estimated at $113 million for the upcoming draw on Saturday

The grand prize from Powerball, America’s popular lottery game, survived the drawing on Wednesday. At the time, the jackpot was advertised at $96 million or $46.2 million as a cash option.

With nobody guessing correctly the winning white balls 4, 9, 36, 47, 56 and the red Powerball number 7 from the drawing earlier this week, the jackpot now surpassed the mind-blowing $100 million.

The grand prize for the popular lottery game for the next drawing is estimated at a staggering $113 million. The aforementioned option represents an annuity, which means that if the winner wants to collect the full prize, they will receive annual installments for 30 years.

However, if a person wins the jackpot on the upcoming drawing, they can also select a cash option. This would grant them an estimated $54.3 million. Undoubtedly that figure is far from the astronomical $113 million but it is still life-changing for most people.

The next drawing for Powerball is scheduled for Saturday, June 29, 2024.

The odds of winning an overall prize from Powerball are always the same – 1 in 24.87. On the other hand, the odds of winning the jackpot from Powerball are 1 in 292.2 million.

No Jackpot or Million-Dollar Prizes Won

Not only did Wednesday not produce a jackpot winner, but nobody was able to collect a second-tier prize. If a person had guessed correctly the five white balls from the last draw, the would’ve won $1 million. Nobody was able to claim a $2 million Power Play prize from the recent drawing as well.

On the bright side, a dozen players who guessed correctly four white balls along with the red Powerball from the recent draw won $50,000 each. One player who paid extra for Power Play secured a whopping $250,000 prize.

Nearly 600 lucky Powerball players won $100 from the latest drawing. Another 221 players scooped up $500 Power Play prizes each.

More than 260,000 lottery players secured a prize from the lowest tier, collecting $4 each, while more than 100,000 players won a $20 Power Play prize each.

Journalist

Jerome is a welcome new addition to the Gambling News team, bringing years of journalistic experience within the iGaming sector. His interest in the industry begun after he graduated from college where he played in regular local poker tournaments which eventually lead to exposure towards the growing popularity of online poker and casino rooms. Jerome now puts all the knowledge he's accrued to fuel his passion for journalism, providing our team with the latest scoops online.

Leave a Reply

Your email address will not be published. Required fields are marked *