A ticket sold in Texas matched 5 numbers in Monday night's Powerball drawing.
the jackpot for the next drawing on Thursday has dropped to $20 million.
Monday night's win was the first Powerball jackpot win since Nov. 19, 2022. That winless streak allowed the prize to grow larger and larger until it stood as the ninth-largest in U.S. history. Higher interest rates have allowed annuity payments to increase compared with earlier jackpots, when rates were lower. Most winners prefer the immediate cash prize.
The game’s abysmal odds of 1 in 292.2 million are designed to build big prizes drawing more players. That strategy certainly has worked recently, as someone in Maine won a $1.35 billion Mega Millions prize in January and a California player hit a record $2.04 billion Powerball jackpot last November. No one has claimed either of those prizes.Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
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