Greater Nashua
Drawing set for a Powerball jackpot that has ballooned to $1.8 billion
DES MOINES, Iowa (AP) — A Powerball drawing will be held Saturday for what would be second highest lottery jackpot on record: an estimated $1.8 billion. The prize ballooned after the lottery held more than 40 consecutive drawings without anyone matching all of the game's six numbers. Whenever a drawing fails to get a winner, the lottery rolls over the winnings. The game's terrible odds of 1 in 292.2 million are designed to generate big jackpots and ever-larger prizes. There are three drawings each week. The largest jackpot on record, $2.04 billion, was drawn in 2022 and went to a California ticket buyer. No one has won the grand prize since May 31. The $1.8 billion jackpot is for a winner who opts to receive 30 payments over 29 years through an annuity. Winners almost always choose the game’s cash option, which for this drawing would be an estimated $826.4 ...
