May 28, 2024 2 min read

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Powerball Grand Prize Survives Monday Draw, Surpasses $140M

The grand prize from the popular lottery game is estimated at $143 million or $66.8 million as cash option for the upcoming drawing scheduled for Wednesday

Monday marked the latest drawing of Powerball, America’s popular lottery. The chances of winning the grand prize from the popular lottery game are 1 in 292.2 million and no one was lucky enough to guess correctly all winning numbers from the first drawing for the week.

Powerball’s drawing on Monday saw winning white balls 9, 30, 39, 49 and 59 being drawn along with the red Powerball 21. The estimated jackpot for the latest drawing was $131 million or $61.2 million if a cash option is selected.

The survival of the jackpot enabled it to continue growing. With the next Powerball draw scheduled for Wednesday, May 29, 2024, the grand prize is estimated at $143 million. If a lucky person guesses correctly all winning numbers from the upcoming drawing, they can also collect a lump sum cash which would be $66.8 million.

The last time the jackpot from Powerball dropped was on May 6, 2024. At the time, a lucky lottery player from Florida matched all six numbers drawn. The jackpot’s value was a mind-blowing $214.9 million. Alternatively, the lucky winner has the option to collect a life-changing lump cash sum of $100.1 million.

Lottery Players Collect Prizes That Vary in Size

While the drawing on Monday saw no one win the grand prize, one lucky winner guessed correctly all winning numbers with the exception of the red Powerball number. As a result, the lucky lottery player secured a $1 million payout. Regretfully, no one guessed correctly all winning numbers along with paying extra for the Power Play feature which would have granted a $2 million jackpot.

However, one player secured a $250,000 Power Play prize for guessing four winning white balls together with the red Powerball. Guessing the same number of winning white balls granted a $50,000 lottery prize to another lucky lottery player.

Nearly 500 players secured a $100 lottery prize each, while close to 200 lottery players collected a $500 Power Play prize each. As usual, the lowest-tier prize, $4, saw most winners. Close to 198,000 lottery players collected a $4 prize each while 75,297 took home a $20 prize each.

Co-editor

William Velichkov is a research-driven writer. His strengths lie in ensuring factual accuracy, vetting government documentation and reaching out to regulators and other officials. He is particularly fond of financial reporting, the sports betting industry, B2B partnerships and esports betting developments. William is a strong asset to the GamblingNews team as he adds a bedrock to our reporting.

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