Current:Home > MarketsPowerball jackpot rises to estimated $785 million after no winning tickets sold for Saturday's drawing -FinanceMind
Powerball jackpot rises to estimated $785 million after no winning tickets sold for Saturday's drawing
EchoSense Quantitative Think Tank Center View
Date:2025-04-06 11:51:51
Powerball's jackpot has now risen to an estimated $785 million after no tickets matched the winning numbers in Saturday's draw.
The winning numbers for Saturday's drawing were 1, 12, 20, 33 and 66, with a Powerball of 21. Several players in Saturday's drawing did win big: three tickets sold in California, Florida and New York matched all five white balls to win $1 million prizes. One Michigan player matched all five white balls and doubled the $1 million prize to $2 million by including the prize multiplier feature.
But no ticket matched all six numbers, meaning the rest of the jackpot rolls over into the next drawing.
When's the next Powerball drawing?
The next drawing will be Monday, and it is set to be the fourth largest prize in the game's history. The odds of winning the Powerball jackpot on Monday are 1 in 292,201,338, according to the lottery.
If a player wins the jackpot on Monday, that person will have a choice between an annuitized prize worth an estimated $785 million or a lump sum payment estimated at $367 million. If a winner picks the annuitized prize, the lottery makes one immediate payment, then doles 29 out annual payments. Both prizes are before taxes, according to lottery officials.
What was the largest Powerball jackpot ever won?
The largest Powerball jackpot ever won was a $2.04 billion ticket sold in California in November 2022.
The third most valuable jackpot ticket was sold earlier this year in California.The grand prize for the July 19 drawing was $1.08 billion. There have been 28 consecutive drawings since then without a grand prize winner.
How to play Powerball
Powerball tickets are $2 per play. They're available for sale in 45 out of 50 U.S. states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
Drawings are broadcast live every Monday, Wednesday and Saturday at 10:59 p.m. EST. The drawings are also live streamed on Powerball.com.
Lottery scams to watch out for
There are a number of common lottery scams, according to the Federal Trade Commission. They usually involve getting a call, email or letter saying you won a sweepstakes, lottery or prize. Some scams ask people to pay money in order to access their price winnings.
"Do not send money! If you are asked to pay a fee to claim a prize, you are likely being scammed," Powerball notes on its website. "This includes cashier's checks, money orders or any type of prepaid card."
Lotteries will never contact players via email or social media to tell them that they've won a prize unless they've specifically entered an official lottery promotion or contest, according to Powerball. People should never accept a collect call from someone claiming to be a lottery official.
- In:
- Powerball
- Lottery
Aliza Chasan is a digital producer at 60 Minutes and CBS News.
TwitterveryGood! (13)
Related
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Ex-Southern Baptist seminary administrator charged with falsifying records in DOJ inquiry
- Israel’s block of AP transmission shows how ambiguity in law could restrict war coverage
- NHL conference finals begin: How to watch New York Rangers vs Florida Panthers on Wednesday
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Ex-Florida recruit Jaden Rashada sues coach Billy Napier, prominent booster over NIL deal
- Mariachis. A flame-swallower. Mexico’s disputes between street performers just reached a new high
- Shaboozey fans talk new single, Beyoncé, Black country artists at sold-out Nashville show
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Sebastian Stan and Annabelle Wallis Make Marvelously Rare Red Carpet Appearance
Ranking
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- South Africa election: How Mandela’s once revered ANC lost its way with infighting and scandals
- Summer House's Lindsay Hubbard Reveals If She's Dating Again 9 Months After Carl Radke Breakup
- Sites with radioactive material more vulnerable as climate change increases wildfire, flood risks
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- A Minnesota city will rewrite an anti-crime law seen as harming mentally ill residents
- Wembanyama becomes 1st NBA rookie to make first-team All-Defense
- JoJo Siwa Reveals She's Drunk as F--k in Chaotic Videos Celebrating 21st Birthday
Recommendation
Sonya Massey's father decries possible release of former deputy charged with her death
Protesters against war in Gaza interrupt Blinken repeatedly in the Senate
Man suffers significant injuries in grizzly bear attack while hunting with father in Canada
Australia and New Zealand evacuate scores of their citizens from New Caledonia
B.A. Parker is learning the banjo
Hawaii court orders drug companies to pay $916 million in Plavix blood thinner lawsuit
Stenhouse fined $75,000 by NASCAR, Busch avoids penalty for post All-Star race fight
'Bachelor' alum Colton Underwood and husband expecting first baby together