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Powerball jackpot climbs to $1.70B, third-largest in U.S. history

The Powerball jackpot has surged to an estimated $1.70 billion for Saturday night’s drawing, making it the third-largest lottery prize in U.S. history, officials said.

The prize carries an estimated cash value of $770.3 million. It trails only the record $2.04 billion jackpot won in California on Nov. 7, 2022, and the $1.765 billion prize claimed in California on Oct. 11, 2023.

The jackpot grew after no ticket matched all six numbers drawn Wednesday night — 3, 16, 29, 61, 69 and the red Powerball 22. The Power Play multiplier was 2. It marked the 42nd consecutive drawing without a jackpot winner, the longest streak in the game’s history. The last jackpot win came May 31 in California.

While no one hit the grand prize, 11 tickets matched all five white balls to win $1 million each in California, Colorado, Florida, Georgia, Illinois, Maryland, Minnesota, Ohio and Pennsylvania. Four other tickets — sold in Michigan, Oregon, Texas and Wyoming — also matched five numbers and doubled their winnings to $2 million by including the Power Play option.

In total, more than 6.3 million tickets won cash prizes in Wednesday’s drawing, including 117 tickets worth $50,000 and 36 tickets worth $100,000. In the separate Double Play drawing, tickets sold in Pennsylvania and Maine each won $500,000.

If won, the $1.70 billion jackpot can be claimed as a lump sum of $770.3 million or an annuity paid over 30 years, with payments increasing 5% annually. Both options are before taxes.

Powerball tickets cost $2 and are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Drawings are held every Monday, Wednesday and Saturday at 10:59 p.m. Eastern and are broadcast live from Tallahassee, Fla., as well as streamed on Powerball.com.

The odds of winning the jackpot are 1 in 292.2 million.

Jay Edwards

Born and raised in Northwest NJ, Jay has a degree in Communications and has had a life-long interest in local radio and various styles of music. Jay has held numerous jobs over the years such as stunt car driver, bartender, voice-over artist, traffic reporter (award winning), NY Yankee maintenance crewmember and peanut farm worker. His hobbies include mountain climbing, snowmobiling, cooking, performing stand-up comedy and he is an avid squirrel watcher. Jay has been a guest on America’s Morning Headquarters,program on The Weather Channel, and was interviewed by Sam Champion.

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