The Powerball jackpot climbed to an estimated $975 million after no one matched the six numbers drawn Saturday night, continuing a nearly three-month stretch without a big winner.
A customer purchases five Powerball tickets at a lottery agent, Tuesday, Oct. 10, 2023, in Haverhill, Mass.A customer purchases five Powerball tickets at a lottery agent, Tuesday, Oct. 10, 2023, in Haverhill, Mass.DES MOINES, Iowa — No one has won Powerball's top prize since New Year's Day when a ticket in Michigan hit for $842.4 million, bringing the number of consecutive drawings without a jackpot winner to 38.
The $975 million prize is for a sole winner who chooses an annuity paid over 30 years. A winner opting for cash would be paid $471.7 million. The prizes would be subject to federal taxes, and many states also tax lottery winnings. As the prizes grow, the drawings attract more ticket sales and the jackpots subsequently become harder to hit. The game's long odds for Saturday's drawing were 1 in 292.2 million.
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