JOURNAL ARTICLE

Powerball Jackpot Up to $835 Million After Months Without a Big Winner.

  • Published In: Time.com, 2023. P. 4 1 of 2

  • Database: Academic Search Ultimate 2 of 2

Abstract

The article discusses the estimated $850 million Powerball jackpot available for an upcoming drawing, marking it as the world's ninth-largest lottery prize. This substantial jackpot has accumulated due to 29 consecutive drawings without a winner since July 19, with odds of winning set at 1 in 292.2 million. Players can purchase tickets for $2, choosing their own numbers or using a computer-generated selection. The jackpot is for a sole winner opting for an annuity payment over 30 years, although most winners typically choose a cash option, estimated at $397.4 million, which is subject to federal and state taxes. Powerball is played across 45 states, Washington, D.C., Puerto Rico, and the U.S. Virgin Islands. [Extracted from the article]

Additional Information

  • Source:Time.com. 2023/09, p4
  • Document Type:Article
  • Subject Area:Law
  • Publication Date:2023
  • ISSN:2476-2679
  • Accession Number:172357394
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