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Powerball jackpot surpasses $1 billion for second time in history

Photo courtesy of Powerball/website

The Powerball jackpot has risen $175 million after no ticket matched all six numbers drawn on Saturday night – white balls 19, 31, 40, 46, 57, and red Powerball 23.

Now, the overall jackpot has reached $1 billion, or $497.3 million cash, for the next drawing on Monday, October 31.

This is the second time in Powerball’s 30-year history that the advertised jackpot has reached $1 billion, with the first occurrence being the $1.586 billion world record jackpot in 2016. As of now, the jackpot is ranked the fifth largest jackpot in U.S. lottery history.

August 3 was the last date when a ticket matched the winning numbers, making Monday the 38th draw in the current jackpot run.

As of now, the Powerball jackpot has been hit five other times in 2022 alone, with previous jackpot winners walking away with $632.6 million split in California and Wisconsin, $185.3 million in Connecticut, $473.1 million in Arizona, $366.7 million in Vermont, and $206.9 million in Pennsylvania.

The overall odds of winning a prize are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million.

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