The POWERBALL® jackpot continues to roll upward after no ticket matched all six numbers drawn Saturday night. The jackpot now stands at an estimated $421 million for the Monday, April 25th drawing. The jackpot has a cash value of $252.1 million.
While there was no Grand Prize winner in last Saturday’s drawing, more than 1.2 million tickets won cash prizes. Top winners include two tickets, sold in Arizona and Florida, that matched all five white balls to win $1 million each.
The Powerball jackpot has been hit twice this year. In the January 5 drawing, two tickets in California and Wisconsin split a $632.6 million jackpot – the 7th largest prize in Powerball history. Then, in the February 14 drawing, a ticket in Connecticut won a $185.3 million jackpot. Since then, there have been 29 drawings in a row without a jackpot winner.
Powerball tickets are $2 per play. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. More than half of all proceeds from the sale of a Powerball ticket remain in the jurisdiction where the ticket was sold. Powerball drawings are broadcast live every Monday, Wednesday and Saturday at 10:59 p.m. ET from the Florida Lottery draw studio in Tallahassee. Powerball drawings are also live streamed online at Powerball.com.
Jackpot winners may choose to receive their prize as an annuity, paid in 30 graduated payments over 29 years, or a lump sum payment. Both advertised prize options are prior to federal and jurisdictional taxes. The overall odds of winning a prize are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million.
To date, Powerball holds the world record for largest jackpot set in 2016. The record $1.586 billion jackpot was shared by winners in California, Florida and Tennessee.