There are hours left to go until the next drawing of Powerball, America’s favorite lottery game. If a lucky person guesses correctly all five white balls along with the red Powerball from the upcoming drawing, they are in for a treat as the estimated jackpot from the game is $228 million.

This grand prize represents annual installments but if the lucky visitor prefers a lump cash sum, the grand prize would be a mouth-watering $112.6 million. Both sums are life-changing but it’s important to mention that they are before the applicable taxes.

The next Powerball drawing is set for Wednesday, February 7, 2024, at 10:59 PM ET. Drawings are held at the Florida Lottery studio located in Tallahassee. Besides Wednesday, there are drawings every Monday and Saturday.

While the jackpot continues to grow, no one was lucky enough to secure a million-dollar prize from Powerball’s latest drawing on Monday. Five lottery players guessed correctly four white balls along with the red Powerball to secure a $50,000 prize each, while two took home a $250,000 Power Play prize each.

Some 181 lottery players who guessed correctly four white balls from the latest drawing secured a $100 prize each, while 89 collected a $500 Power Play prize each.

Not unexpectedly, the biggest number of winners secured the lowest prize, $4. Nearly 270,000 Powerball lottery players who guessed either the winning red Powerball or one white ball along with the red Powerball secured such a prize.

After 34 consecutive Powerball drawings without a grand prize winner, a lucky lottery player secured the jackpot at the start of this year. The lucky Michigan lottery player guessed correctly all winning numbers, securing the staggering $842 million Powerball jackpot at the time.

Mega Millions Jackpot Also on the Rise

Besides the grand prize from Powerball, the jackpot from Mega Millions is also on the rise. The Tuesday drawing of the popular game saw no one guess correctly all winning numbers. This allowed the jackpot to increase to $394 million or $188.5 million cash option. The next Mega Millions drawing is scheduled for Friday, February 9, 2024, at 11 PM ET.

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The last time a lucky lottery player hit the jackpot from Powerball was back in October. At the time, one incredibly lucky person from California hit the grand prize, a staggering $1.76 billion. This jackpot represented Powerball’s second-largest prize, surpassed only by the mind-blowing $2.04 billion jackpot that was won last year in November.

Now, a month and a half since the last time a jackpot from Powerball was won, the grand prize continues to grow. The latest drawing from Monday, November 27, 2023, saw no one guess correctly all white numbers, 2, 21, 38, 61 and 66, along with the red Powerball, 22.

This enabled the jackpot from the popular lottery game to continue growing. Ahead of the upcoming drawing scheduled for Wednesday, November 29, 2023, the grand prize from Powerball is estimated at $374 million. If a player guesses correctly all white numbers along with the red Powerball number, they can also select a lump cash sum that would be an estimated $173.5 million for the drawing on Wednesday.

Besides Powerball, the jackpot from Mega Millions has also been growing steadily. With the next drawing set for Tuesday, November 28, 2023, at 11 PM ET, the estimated jackpot from Mega Millions is $335 million. Similarly to Powerball, the lottery game offers a cash option which is estimated at $153.1 million.

Not a Single Million-Dollar Prize Won on Monday

The most recent Powerball draw saw more than 327,000 people collect the lowest tier prize of $4 each. On the other hand, more than 107,000 players collected a Power Play prize of $8 each.

As noted, there was no lucky lottery player who guessed correctly all winning numbers to secure the jackpot prize. What’s surprising is that no one guessed correctly all five white balls. If someone had guessed the five white balls, they would’ve secured a $1 million prize. Similarly, there was no lucky winner who collected the drawing’s $2 million Power Play prize.

Nine lucky lottery players took home a $50,000 prize each for guessing correctly four white balls along with the red Powerball. Two lucky players paid $1 extra for the game’s Power Play option which granted them a $100,000 prize each.

The overall odds of securing a prize from Powerball are 1 in 24.9. The chances of securing the game’s jackpot are far slimmer or 1 in 292.2 million.

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