Powerball Grows to Record $1.9B After No Jackpot-Winning Saturday Tickets

Mar. 15, 2025

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The Powerball jackpot has increased to a staggering $1.9 billion after no tickets matched all the lottery numbers on Saturday evening.

That record-breaking figure comes after the $1.6 billion drawing, with the winning numbers 28-45-53-56-69 and a Powerball of 20. The next drawing is set for Monday. The odds ofwinning the massive sum remain 1 in 292.2 million, CNN reported.

A winner can receive the prize as an annuity over 29 years or as alump-sum payment of $929.1 million, the California lottery said, according to CBS News.

The Saturday jackpotbroke the world recordfor the Largest National Lottery Jackpot in the Guinness World Records, the California Lottery tweeted. The lump-sum option for the $1.6 billion was an estimated $782.4 million.

“They’ve been engineered to get bigger,” expertVictor Matheson, an economics professor at the College of the Holy Cross in Massachusetts, told theWashington Postof the jaw-dropping jackpots.

“The chance of winning has increased at roughly the same rate as the population of the states offering the game,” he added.

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Additionally, there is an increased chance that winning players can be sharing the pot. For example, Matheson said if two people win the $1 billion jackpot, they could realistically walk away with as low as $185 million after taxes.

However, he added, “I wouldn’t shed too many tears for a person who walks away with $185 million.”

source: people.com