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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.

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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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