Here's why there are so many billion-dollar lottery jackpots
Multi-State Lottery Association tweaked the Mega Millions lottery so it would generate large jackpots, one expert said.
Multi-State Lottery Association tweaked the Mega Millions lottery so it would generate large jackpots, one expert said.
The announcement came after a lengthy delay in revealing the winning numbers.
Lottery officials said one state was still processing its sales data. The jackpot is the largest for any lottery, anywhere, ever.
The $1.9 billion jackpot drawing didn't go as planned Monday night, due to a technical error.
The jackpot has eluded players since Aug. 3, the last time anyone matched all five winning numbers and the Powerball.
No one won Wednesday night's top prize of $1.2 billion, so the jackpot for Saturday night's drawing will be very close to the $1.586 billion world record for lotteries.
Wednesday's Powerball jackpot stands at a whopping $1.2 billion, making it the fourth largest prize in U.S. lottery history.
A Richardson resident is the latest Texan to join the millionaire's club after they won a Powerball lottery prize worth $1 million.
The Powerball jackpot keeps getting larger because players keep losing.
The Powerball prize is its second-largest ever, officials said.
No one won Wednesday's pot of gold of about $700 million, which was already the game's largest this year.
The jackpot has increased steadily since the last grand prize winner was announced on Aug. 3.
The big winner purchased the ticket at the A&R Food Store, located at 5960 West Poly Webb Road.
There were 12 Match 5 tickets sold in Wednesday's Powerball drawing -- each worth $1 million -- and one of those tickets was sold in Texas.
There were no winners in the final Powerball drawing of 2021, and the jackpot grew to $500 million on Friday.
The end of the year is near and that means the final Powerball drawing of 2021 will happen December 29, with an estimated jackpot of $441 million.
There was no Christmas Day Powerball miracle. Officials with the lottery announced that no one matched all six numbers in the Saturday, December 25 drawing.
It's the biggest lottery prize in months, and it's still growing. The Powerball jackpot continued its climb after no ticket matched all five numbers drawn on Saturday night.
There have been 39 drawings in a row -- over nearly four months -- without a Powerball grand prize winner.
Beginning Aug. 23, Powerball and Lotto Texas will be drawn every Monday, joining Wednesdays and Saturdays on the games' traditional draw schedules.
Lottery players have another chance to win big this week since there were no winners of the top prize for both the Powerball and Mega Millions jackpots in their most recent drawings.
And the pot continues to grow... lottery players in Texas and across the country will have another shot Friday night at one of the largest jackpots in U.S. history.
The Powerball Lottery has been in the news recently because of an estimated jackpot nearing half a billion dollars -- but before 2021 there was a winning ticket sold in North Texas.
In terms of lottery jackpots there's a kind of perfect storm brewing -- both the Mega Millions and Powerball lotteries have more than $400 million, respectively, up for grabs.
So far in 2020, there has only been one Lotto Texas jackpot winner.
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Elliott Hill is a TCU graduate and currently serves on the school's board of trustees.
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