{"id":239309,"date":"2022-10-25T12:02:13","date_gmt":"2022-10-25T17:02:13","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=239309"},"modified":"2022-10-25T12:50:31","modified_gmt":"2022-10-25T17:50:31","slug":"powerball-jackpot-hits-700m-lottery-games-fifth-largest-prize-ever","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/powerball-jackpot-hits-700m-lottery-games-fifth-largest-prize-ever\/","title":{"rendered":"Powerball Jackpot Hits $700M, Lottery Game’s Fifth-Largest Prize Ever"},"content":{"rendered":"

The Powerball jackpot for Wednesday night’s drawing is an estimated $700 million, which is the lottery game’s fifth-largest all-time prize. Powerball began in April 1992.<\/p>\n

\"Powerball
The Powerball jackpot for the October 26 drawing is an estimated $700 million, with a cash option of $335.7 million. No Powerball ticket has matched all six winning numbers in 83 days. (Image: AP<\/em>)<\/figcaption><\/figure>\n

No ticket matched Powerball’s five white balls and red Powerball during Monday night’s drawing. The last time a ticket hit all six numbers was on August 3, when a player in Pennsylvania snagged the $206.9 million jackpot.<\/p>\n

\n

The estimated $700 million jackpot for the Wednesday, October 26 drawing comes after 35 drawings went without a ticket successfully matching all six winning numbers. Despite the winless streak, the jackpot odds for each ticket tomorrow remain a dismal one in 292.2 million.<\/p>\n<\/div>\n

If a ticket hits the jackpot on Wednesday, the lucky winner(s) will have a pre-tax lump cash option of $335.7 million. Along with cracking Powerball’s five largest jackpots ever, the $700 million prize ranks as the eighth-largest lottery jackpot in the history of the United States.<\/p>\n

Play Surges<\/b><\/h2>\n

Interest in Powerball and Mega Millions increases greatly when the jackpot climbs to such unfathomable heights<\/a>. And when more players purchase $2 Powerball tickets, more six-number combinations are covered for the draw. That slightly shortens the odds of at least one ticket hitting the six balls drawn from the Powerball machines.<\/p>\n

\n

Wednesday’s drawing has already greatly exceeded sales expectations. The Multi-State Lottery Association (MUSL), which facilitates Powerball, initially projected the October 26 Powerball jackpot to be approximately $680 million. Because of strong sales, MUSL officials have increased the projected bounty to $700 million.<\/p>\n<\/div>\n

Each ticket has nine ways to win. On Monday night, more than 1.2 million tickets won a prize.<\/p>\n

The majority — 675,217 winning tickets — simply matched the red Powerball to double their $2 bet. But 161,702 of those tickets had the optional $1 add-on Power Play that quadrupled their prize after the Power Play turned up 4x during the drawing.<\/p>\n

The top prize won Monday night was a winning ticket sold in Texas that matched all five white balls to win $1 million. Other notable wins include 32 tickets that matched four white balls and the red Powerball for $50K wins. Ten other tickets also matched four white balls and the Powerball, but additionally purchased the $1 Power Play to take their wins to $200K each.<\/p>\n

Five Powerball jackpots have been won this year.<\/p>\n

2022 Drawing Date — Jackpot Won — Winners<\/strong><\/h3>\n
    \n
  1. January 5 — $632.6M — 2 (California, Wisconsin)<\/li>\n
  2. February 14 — $185.3M — 1 (Connecticut)<\/li>\n
  3. April 27 — $473.1M — 1 (Arizona)<\/li>\n
  4. June 29 — $366.7M — 1 (Vermont)<\/li>\n
  5. August 3 — $206.9M — 1 (Pennsylvania)<\/li>\n<\/ol>\n

    Top-10 Lottery Jackpots <\/b><\/h2>\n

    The current Powerball jackpot has already solidified its position on the top-10 lottery jackpot list in US history. The richest lottery prize ever won came in January 2016 when three winners in California, Florida, and Tennessee shared a more than $1.586 billion Powerball jackpot.<\/p>\n

    The largest single win in US lottery history came via Mega Millions in October 2018 when a player in South Carolina was the lone winner of a $1.537 billion jackpot<\/a>.<\/p>\n

    At $700 million, Wednesday’s Powerball jackpot is still less than halfway to becoming the largest lottery prize ever won in the US.<\/p>\n","protected":false},"excerpt":{"rendered":"

    The Powerball jackpot for Wednesday night’s drawing is an estimated $700 million, which is the lottery game’s fifth-largest all-time prize. Powerball began in April 1992. No ticket matched Powerball’s five white balls and red Powerball during Monday night’s drawing. The last time a ticket hit all six numbers was on August 3, when a player […]<\/p>\n","protected":false},"author":25,"featured_media":239317,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,13699],"tags":[13701,81996,83186],"acf":[],"yoast_head":"\nPowerball Jackpot Hits $700M, Lottery Game's Fifth Largest Prize Ever<\/title>\n<meta name=\"description\" content=\"The Powerball jackpot for tomorrow night's drawing is an estimated $700 million, which is the lottery game's fifth-largest all-time prize.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/powerball-jackpot-hits-700m-lottery-games-fifth-largest-prize-ever\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Powerball Jackpot Hits $700M, Lottery Game's Fifth Largest Prize Ever\" \/>\n<meta property=\"og:description\" content=\"The Powerball jackpot for tomorrow night's drawing is an estimated $700 million, which is the lottery game's fifth-largest all-time prize.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/powerball-jackpot-hits-700m-lottery-games-fifth-largest-prize-ever\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-25T17:02:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-25T17:50:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/636390815868157609-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Devin O'Connor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CasinoorgDevinO\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Devin O'Connor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/powerball-jackpot-hits-700m-lottery-games-fifth-largest-prize-ever\/\",\"url\":\"https:\/\/www.casino.org\/news\/powerball-jackpot-hits-700m-lottery-games-fifth-largest-prize-ever\/\",\"name\":\"Powerball Jackpot Hits $700M, Lottery Game's Fifth Largest Prize Ever\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/powerball-jackpot-hits-700m-lottery-games-fifth-largest-prize-ever\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/powerball-jackpot-hits-700m-lottery-games-fifth-largest-prize-ever\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/636390815868157609-1.jpg\",\"datePublished\":\"2022-10-25T17:02:13+00:00\",\"dateModified\":\"2022-10-25T17:50:31+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\"},\"description\":\"The Powerball jackpot for tomorrow night's drawing is an estimated $700 million, which is the lottery game's fifth-largest all-time prize.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/powerball-jackpot-hits-700m-lottery-games-fifth-largest-prize-ever\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/powerball-jackpot-hits-700m-lottery-games-fifth-largest-prize-ever\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/powerball-jackpot-hits-700m-lottery-games-fifth-largest-prize-ever\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/636390815868157609-1.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/636390815868157609-1.jpg\",\"width\":1200,\"height\":800,\"caption\":\"The Powerball jackpot for the Oct. 26 drawing is an estimated $700 million, with a cash option of $335.7 million. 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