The Powerball jackpot has surged to an impressive estimated $935 million following the absence of a winning ticket in the latest drawing on Wednesday night. The winning numbers drawn were 37, 46, 57, 60, 66, with the Powerball number being 8.
This significant jackpot increase comes on the heels of a fortunate player in New Jersey clinching a staggering $1.13 billion Mega Millions prize after a remarkable 30 consecutive drawings without a winner. The Powerball jackpot has been steadily growing since the last win on New Year's Day, resulting in 37 consecutive drawings without a jackpot winner.
The game's odds of 1 in 292.2 million are strategically designed to generate substantial jackpots that capture public attention and drive ticket sales. The upcoming drawing on Saturday night offers a colossal $935 million prize for a single winner, payable over 30 years through an annuity. However, winners typically opt for a cash payout, which for the next drawing is estimated at $449.7 million.
Powerball, a widely popular lottery game, is played in 45 states across the United States, in addition to Washington, D.C., Puerto Rico, and the U.S. Virgin Islands. The allure of the massive jackpot has undoubtedly sparked excitement and anticipation among lottery enthusiasts nationwide as they eagerly await the next drawing to see if luck will shine upon them.