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 10th-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.
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.
