April 29, 2024 2 min read

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Powerball Jackpot Surpasses $160M for Upcoming Drawing

Surviving the drawing on Saturday enabled Powerball's grand prize to increase to the mind-blowing $164 million for the upcoming draw

Saturday marked the latest drawing of Powerball, America’s popular lottery game. While undoubtedly many participated in the latest draw with hopes of securing the game’s grand prize, the Powerball jackpot survived the draw. Nobody guessed correctly the winning white balls 9, 30, 53, 55 and 62 along with the red Powerball 23 from the lottery game’s drawing over the weekend. As a result, the grand prize from the lottery game surpassed the staggering $150 million.

Ahead of the upcoming drawing, the grand prize from the lottery game is estimated at $164 million. This is the case considering that the player selects annual installment payments. A lump cash sum is also an option, provided that a lucky winner guesses correctly all winning numbers from the upcoming drawing. In case this happens, and they are interested in a lump cash sum, the grand prize would be decreased to $74.9 million, a sum far below the mind-blowing $164 million but still life-changing.

While nobody won the grand prize from Powerball’s most recent drawing, two players came really close. One lucky player from Georgia and one from New Jersey secured a $1 million prize each for guessing all white balls from the latest drawing. The two only missed the red Powerball which would’ve granted them the game’s jackpot.

On the other hand, nine players secured a $50,000 prize each for guessing correctly the four white balls together with the red Powerball. Two other players guessed the same number of winning balls but got home with a hefty $150,000 prize each.

The upcoming Powerball drawing is scheduled for Monday, April 29, 2024, or less than 12 hours from the time of writing.

Mega Millions Jackpot on the Rise, Again

Late last month, a life-changing jackpot of the staggering $1.13 billion from Mega Millions was won in New Jersey. A month later, the grand prize from the lottery game has been growing and after surviving the draw on Friday, it is estimated at $257 million for the next drawing planned for Tuesday, April 30, 2024.

Similarly to Powerball, the bigger jackpot estimate applies if annual installments are selected. If a player wins the Mega Millions jackpot on the upcoming drawing and selects a cash option, they will be able to collect a whopping $115.6 million. Unlike Powerball, the latest Mega Millions drawing saw no one secure a million-dollar prize.

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.

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