$1.04 billion Powerball jackpot tempts players to brave long odds

An estimated $1.04 billion Powerball jackpot will be up for grabs Monday night, tempting players to spend a couple dollars on a longshot chance at instant riches.

Associated Press

Oct 2, 2023, 4:18 PM

Updated 293 days ago

Share:

An estimated $1.04 billion Powerball jackpot will be up for grabs Monday night, tempting players to spend a couple dollars on a longshot chance at instant riches.
The prize is the world's ninth-largest lottery prize behind earlier drawings of Powerball and Mega Millions, the other nearly nationwide lottery game. The jackpot is the fourth-largest in the history of Powerball.
The prize has grown so massive because there have been 32 consecutive drawings since someone matched all five white balls and the Powerball to win the jackpot, dating back to July 19.
That losing streak reflects the stunningly long odds of winning the jackpot, at 1 in 292.2 million.
The $1.04 billion jackpot is for a sole winner who chooses to receive the winnings through an annuity, paid annually over 30 years. Winners nearly always pick the cash option, which for Monday night's drawing would be an estimated $478.2 million.
A Powerball ticket costs $2 in most states and players can pick their own numbers or have a computer make the selection.
Powerball is played in 45 states as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.


More from News 12
President Biden announces end of 2024 bid for presidency; endorses VP Kamala Harris for pick

President Biden announces end of 2024 bid for presidency; endorses VP Kamala Harris for pick

2:13
Sun and clouds, mild temps for Monday in the Hudson Valley

Sun and clouds, mild temps for Monday in the Hudson Valley

Gov. Hochul endorses VP Kamala Harris for president after Biden ends reelection bid

Gov. Hochul endorses VP Kamala Harris for president after Biden ends reelection bid

2:08
National and local lawmakers stunned by Biden's decision not to seek reelection

National and local lawmakers stunned by Biden's decision not to seek reelection

Officials release statements following President Biden's decision to end reelection bid

Officials release statements following President Biden's decision to end reelection bid

2:01
Biden dropped out. What's next?

Biden dropped out. What's next?

1:57
Voters in White Plains shocked on Biden's decision to end reelection bid

Voters in White Plains shocked on Biden's decision to end reelection bid

1:33
Voters curious about political landscape amid Biden’s decision to drop reelection bid

Voters curious about political landscape amid Biden’s decision to drop reelection bid

2:04
How Biden stepping aside in presidential run could impact voters in the Hudson Valley

How Biden stepping aside in presidential run could impact voters in the Hudson Valley

1:14
Yonkers residents feel mixed about Biden's decision to end presidential bid

Yonkers residents feel mixed about Biden's decision to end presidential bid

1:53
Westchester Democratic chair discusses impact of Biden's decision to drop out of 2024 race

Westchester Democratic chair discusses impact of Biden's decision to drop out of 2024 race

0:59
Sen. Shelley Mayer partners with young volunteers to cleanup Port Chester

Sen. Shelley Mayer partners with young volunteers to cleanup Port Chester

Freedom Fest event honors veterans in Orange County

Freedom Fest event honors veterans in Orange County

0:30
Police: 2 arrested for stealing $10,000 worth of gardening supplies from Mamaroneck store

Police: 2 arrested for stealing $10,000 worth of gardening supplies from Mamaroneck store

0:34
Over 1,600 U.S. flights canceled Saturday due to global technology outage

Over 1,600 U.S. flights canceled Saturday due to global technology outage

1:30
Officials: Calls to 988 have increased since its creation 2 years ago

Officials: Calls to 988 have increased since its creation 2 years ago

2:02
Family, friends memorialize former Westchester County legislator Herman Keith

Family, friends memorialize former Westchester County legislator Herman Keith

1:51
Community barbecue in White Plains spreads positivity, honors late residents

Community barbecue in White Plains spreads positivity, honors late residents

1:14
Yonkers recognizes National Park and Recreation Month

Yonkers recognizes National Park and Recreation Month

1:51
Police: Toddler hit by car in Rockland County, left critically injured

Police: Toddler hit by car in Rockland County, left critically injured