![]() The run-up to tonight’s drawing marks the first time in Powerball game history that. The estimated jackpot is Powerball’s largest prize so far this year, just ahead of the 1.08 billion Powerball jackpot won in California on July 19. The jackpot has a cash value of 551.7 million. ![]() Robert Salvato Jr., a 60-year-old electrician, bought 40 Powerball tickets at a hardware store in Billerica, Massachusetts. The Powerball jackpot is currently estimated at 1.2 billion. That didn’t bother those eager to plunk down their money on Wednesday for a long-shot chance at instant wealth. ![]() And wins in recent months have been few and far between. Powerball’s terrible odds of 1 in 292.2 million are designed to generate big jackpots, with prizes becoming ever larger as they repeatedly roll over when no one wins. The only top prize that was ever bigger was the $2.04 billion Powerball won by a player in California last November. Final ticket sales pushed the jackpot beyond its earlier advertised estimate of $1.73 billion for Wednesday night’s drawing. That streak trails the record of 41 draws set in 20. The jackpot is the world’s second-largest lottery prize after rolling over for 36 consecutive drawings. Many people are curious about how much money a Powerball jackpot lottery winner takes home. Before someone won the giant prize, there had been 35 consecutive drawings without a big winner, stretching back to July 19 when a player in California matched all six numbers and won $1.08 billion. Whenever someone wins the Powerball lottery, the federal government gets a chunk of the prize from taxes. ![]()
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