Share this @internewscast.com

An epic New Year’s Eve celebration could await a potential winner of Saturday night’s Powerball drawing, which offers an estimated $760 million jackpot, the game’s sixth-largest.

The game’s last drawing of 2023 is scheduled for 10:59 p.m. ET.

If no one wins the drawing, the prize will roll over for the next drawing in the new year.  

The last jackpot was claimed in October — after 33 consecutive drawings. That top prize was $1.765 billion, the second highest in the game’s history.

In 2016, Powerball became the first multi-jurisdictional draw game to surpass $1 billion in jackpot winnings, when three tickets split a $1.586 billion prize.

Last year, the game achieved the world record amount for a government lottery jackpot, $2.04 billion. A winning ticket was purchased in California.

This year will close without beating that record, but the numbers were unlikely to disappoint winners: Saturday night’s jackpot is the fourth one this year to exceed $700 million.

Of course, those numbers can be deceiving, as they’re all pretax, and assume winners are willing to take their prizes in annuity payments instead of claiming a much lower upfront sum.

In the case of Saturday’s jackpot, the pretax, upfront sum is estimated to be $383.6 million.

Powerball has produced growing jackpots and expanding stretches on the calendar without a winner, intentionally so. The game was redesigned in 2015 to grow its jackpot.

Victor Matheson, an economics professor at College of the Holy Cross, said earlier this year that organizers have added number balls to drawings, doubled the price of tickets to $2, and shifted more money to the grand prize, bolstering the era of the big jackpot.

The game started in 1992 with 14 states and the District of Columbia and now has near-total coverage of the United States, the professor noted.

It all adds up to more anticipation and excitement, but odds are slim: 1 in 292.2 million. The odds of becoming president are better (assuming everyone in the U.S. has an equal chance to win).

“What that means is that you can have a really, really, really hard-to-win lottery,” Matheson said.

Share this @internewscast.com
You May Also Like
Sabu has died: WWE star was 60

WWE Icon Sabu Passes Away at 60

The 60-year old was known for his hardcore wrestling style and became…
How to Get a Car Loan

Steps to Securing a Car Loan

(iSeeCars) – You’re ready to purchase a new car but may not…
Ed Miliband, Energy Secretary, leaving Downing Street.

Curry Restaurants at Risk Due to Ed Miliband’s Push for Net Zero, Which May Ban Use of Gas Ovens

CURRY houses may be wiped out by Ed Miliband’s dash to Net…
Mother's Day tradition: Alaskan moms head to musk ox farm to mingle with herd

Mother’s Day Custom: Alaska Moms Visit Musk Ox Farm to Spend Time with the Herd

It is a tradition that now stretches over three generations. PALMER, Alaska…
Karl-Anthony Towns' finger injury dwindles to a footnote of Game 3

Karl-Anthony Towns’ Finger Injury Becomes Minor Detail in Game 3

Karl-Anthony Towns’ injured left ring finger doesn’t appear to be an issue.…
Los Angeles tour bus crash leaves 1 dead, 32 hospitalized on Mother's Day

Mother’s Day Tragedy: Los Angeles Tour Bus Accident Results in 1 Fatality and 32 Injuries

Mother’s Day took a fatal turn for a driver in Los Angeles…
Headshot of Jacqueline Ma.

“Former ‘Teacher of the Year’ Sentenced to 30 Years for Sexual Abuse of Elementary Students After Discovery of Love Letters”

A DISGRACED “Teacher of the Year” has been locked up for 30…
US Marine Corps creates attack drone team as arms race with Russia, China heats up

US Marine Corps forms attack drone unit amid intensifying arms race with Russia and China

The U.S. Marine Corps set up an attack drone team earlier this…
Tesla road-rage driver allegedly assaults teen, mom in Hawaii months after prison release

Tesla Driver Faces Charges for Allegedly Attacking Teen and Mother in Hawaii After Recent Prison Release

The driver of a Tesla, previously found guilty of road rage incidents…
Soldiers in camouflage resting near a building.

Trump urges Ukraine to initiate direct talks with Russia, claiming Putin seeks to ‘end the bloodbath.’

DONALD Trump has asked Ukraine to agree to direct peace talks with…
General Hospital actress dead at 85

“85-Year-Old ‘General Hospital’ Actress Passes Away”

Soap opera star Denise Alexander has died. She was 85. The actress…
Newark Airport problems: Equipment issue again disrupts air traffic Sunday at New Jersey airport, FAA says

Equipment Issue Causes Another Disruption in Air Traffic at Newark Airport, FAA Reports

NEWARK, New Jersey — Air traffic control issues persisted at Newark Liberty…