News

Powerball jackpot rises to $400 million

Powerball jackpot rises to $400 million

The jackpot for the next Powerball drawing rose to an estimated $400 million. Photo: Reuters

(Reuters) – The jackpot for the next Powerball drawing rose to an estimated $400 million dollars after no one picked all six winning numbers in Saturday night’s drawing, the Multi-State Lottery Association said on Sunday.

The next drawing will be on Wednesday night and the odds of winning the jackpot are about 1 in 175 million, the association said on its website. The jackpot is valued at $400 million if paid out in 30 annual payments, or $230.3 million in a lump sum.

The biggest single-winner Powerball jackpot of $590.5 million was claimed in June by an 84-year-old Florida woman who opted for a lump-sum payment of nearly $371 million rather than the 30-year option.

The largest jackpot in U.S. history stands at $656 million, won in the Mega Millions lottery of March 2012. That prize was split among winners in Maryland, Kansas and Illinois.

Recent News

in Viral Videos

WATCH: Truck vs. Tree

17-overlay

Witness the power!

in Music

Deryck Whibley is a married man

The Sum 41 rocker exchanged vows with his fiancée Ariana Cooper.

in Music

Jack White to play on Colbert’s ‘Late Show’

jackwhite

Jack White's band The Dead Weather are to give their first live performance in five years.

in Entertainment

Why Bill Murray is in the new ‘Ghostbusters’ movie

24-overlay

After spending a quarter of a century not agreeing to be in "Ghostbusters 3" as Peter Venkman, Bill Murray recently signed on to Paul Feig’s reboot of the franchise.

in Entertainment, Sports

Will Smith to take on NFL coverup

21-overlay

"Concussion" is based on Dr. Bennet Omalu, who was the first to discover the existence of chronic traumatic encephalopathy (or CTE): a disease of the brain found in athletes with a history of repetitive brain trauma.