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.

Weather Watch Sponsored By

Featured Events

  • No events
  • News

    in Entertainment

    ‘Mortdecai,’ ‘American Ultra’ among the year’s biggest box office flops


    The list of this year's most disappointing box office performers is out.

    in Black Friday, Lifestyle

    Three ways to curb holiday spending


    Ah, the holidays. A time to get together, celebrate with family and make questionable life choices.

    in Entertainment

    WATCH: 7 fun facts to make you think this Thanksgiving


    Thanksgiving is a time of coming together with family and friends. In between bites of stuffing and pumpkin pie, snack on these unusual Turkey Day facts.