Current:Home > InvestPowerball jackpot rises to estimated $785 million after no winning tickets sold for Saturday's drawing -Core Financial Strategies
Powerball jackpot rises to estimated $785 million after no winning tickets sold for Saturday's drawing
View
Date:2025-04-14 12:50:38
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! (22)
Related
- 2025 'Doomsday Clock': This is how close we are to self
- Trial of Sen. Bob Menendez takes a weeklong break after jurors get stuck in elevator
- Vatican makes fresh overture to China, reaffirms that Catholic Church is no threat to sovereignty
- Tornadoes wreak havoc in Iowa, killing multiple people and leveling buildings: See photos
- $73.5M beach replenishment project starts in January at Jersey Shore
- UN maritime tribunal says countries are legally required to reduce greenhouse gas pollution
- Summer House's Lindsay Hubbard Reveals If She's Dating Again 9 Months After Carl Radke Breakup
- Former Trump adviser and ambassadors met with Netanyahu as Gaza war strains US-Israel ties
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Caitlin Clark back in action: How to watch Indiana Fever vs. Seattle Storm on Wednesday
Ranking
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- China is accelerating the forced urbanization of rural Tibetans, rights group says
- Head of FEMA tours deadly storm damage in Houston area as more residents get power back
- Ex-Southern Baptist seminary administrator charged with falsifying records in DOJ inquiry
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Sean “Diddy” Combs Sued by Model Accusing Him of Sexual Assault
- Mississippi’s 2024 recreational red snapper season opens Friday
- Biden releasing 1 million barrels of gasoline from Northeast reserve in bid to lower prices at pump
Recommendation
All That You Wanted to Know About She’s All That
Australia and New Zealand evacuate scores of their citizens from New Caledonia
Flight attendant or drug smuggler? Feds charge another air crew member in illicit schemes
Detroit could be without Black representation in Congress again with top candidate off the ballot
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
Mexico’s presidential front-runner walks a thin, tense line in following outgoing populist
Louisiana Republicans reject Jewish advocates’ pleas to bar nitrogen gas as an execution method
Reparations proposals for Black Californians advance to state Assembly