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    Sunday, June 16, 2024

    $810M Powerball jackpot rolls into 2024

    A display panel advertises tickets for a Powerball drawing at a convenience store, Nov. 7, 2022, in Renfrew, Pa. (AP Photo/Keith Srakocic, File)

    Lottery money is rolling into 2024.

    A Powerball jackpot went without a big winner Saturday, with the next drawing scheduled for New Year’s Day with an estimated $810 million jackpot.

    It is expected to be the fifth-largest Powerball jackpot ever and the 10-largest U.S. lottery jackpot, according to a Powerball press release Sunday.

    Keep in mind the odds of winning the jackpot are infinitesimal: just 1 in 292.2 million, according to Powerball.

    For a winner who opts for a lump sum immediately, rather than payments spread over 30 years, the estimated cash value would be $408.9 million ... before taxes.

    For 34 times in a row, no one has nabbed the Powerball jackpot. The last jackpot winner scored a doozy, though: $1.77 billion from an Oct. 11 drawing.

    It was actually the second-biggest Powerball jackpot, playing junior varsity to a $2.04 billion winner from November of last year in California.

    Meanwhile, another big lottery played in Georgia, Mega Millions, has an estimated jackpot of $114 Million for its drawing on Tuesday.

    Just a few days ago, the Florida Lottery announced the name of a winner claiming the $1.6 billion Mega Millions jackpot from a drawing held Aug. 8. Saltines Holdings, LLC, will take it as a one-time payment of $794.2 million. The ticket was purchased at a Publix in Neptune Beach.

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