Posted 4/1/2024, 8:23:00 PM
Powerball Jackpot Swells to $1 Billion, Tying Record for Biggest Prize
- Powerball jackpot reaches $1 billion, the fifth time it has hit that level
- No one has won the jackpot since New Year's Day, a stretch of 38 drawings
- If no winner Monday or Wednesday, will tie record of 41 consecutive drawings without a winner
- Long odds of 1 in 292 million create large jackpots designed to attract attention
- $1 billion prize is annuity over 30 years; cash option would be $483.8 million