News

Powerball jackpot rises to $400 million

Powerball jackpot rises to $400 million

The jackpot for the next Powerball drawing rose to an estimated $400 million. Photo: Reuters

(Reuters) – The jackpot for the next Powerball drawing rose to an estimated $400 million dollars after no one picked all six winning numbers in Saturday night’s drawing, the Multi-State Lottery Association said on Sunday.

The next drawing will be on Wednesday night and the odds of winning the jackpot are about 1 in 175 million, the association said on its website. The jackpot is valued at $400 million if paid out in 30 annual payments, or $230.3 million in a lump sum.

The biggest single-winner Powerball jackpot of $590.5 million was claimed in June by an 84-year-old Florida woman who opted for a lump-sum payment of nearly $371 million rather than the 30-year option.

The largest jackpot in U.S. history stands at $656 million, won in the Mega Millions lottery of March 2012. That prize was split among winners in Maryland, Kansas and Illinois.

Recent Headlines

7 mins ago in Entertainment

10 inventions predicted by ‘The Simpsons’

Fresh
21-overlay-3

If the future looks familiar, it's because the hit Fox TV show predicted it years ago.

37 mins ago in Trending, Viral Videos

TODAY’S MUST SEE: The ‘Force Awakens’ a 2-year-old

Fresh
15-overlay-2

Young Sebastian is about to get one heck of a wake-up call.

5 hours ago in Entertainment

Today in entertainment history: May 6

georgeclooney535004513551

A look at some of the entertainment headlines that made history.