Powerball Jackpot Reaches $1.6 Billion After No Winner

The Powerball jackpot has skyrocketed to an estimated $1.6 billion after no winner emerged from the latest drawing. The winning numbers for the drawing, which had an estimated jackpot of $1.5 billion, were 4, 5, 28, 52, and 69, with a Powerball of 20 and a Power Play multiplier of 3x, according to CBS News.

This marks the longest stretch in Powerball history without a jackpot winner, with 45 consecutive drawings since the last win on September 6. The odds of winning this top prize remain at a staggering 1 in 292.2 million.

According to NBC New York, several players did win smaller prizes, with tickets sold in California, Florida, Iowa, Massachusetts, New Hampshire, and Ohio earning $1 million each for matching five numbers.

The next drawing is set for Monday, and the cash option for a jackpot winner would be approximately $735.3 million, while the annuity option would be paid over 30 years. This unprecedented jackpot highlights the allure of lottery games and raises discussions about gambling and its economic impact, as Powerball tickets are sold in 45 states, the District of Columbia, Puerto Rico, and the U.S.

Virgin Islands.