Posted on 01/10/2016 7:47:03 AM PST by SeekAndFind
No ticket matched all six Powerball numbers following the drawing for a record jackpot of nearly $950 million, lottery officials said early Sunday, boosting the expected payout for the next drawing to a whopping $1.3 billion.
The winning numbers -- disclosed live on television and online Saturday night -- were 16-19-32-34-57 and the Powerball number 13.
All six numbers must be correct to win, although the first five can be in any order. The odds to win the largest lottery prize in US history were one in 292.2 million.
Officials with the Multi-State Lottery Association, which runs the Powerball game, said they expected about 75% of the possible number combinations would have been bought for Saturday night's drawing.
Since November 4, the Powerball jackpot has grown from its $40 million starting point, as no one has won the jackpot. Such a huge jackpot was just what officials with the Multi-State Lottery Association, which runs the Powerballgame, hoped for last fall when they changed the odds of matching all the Powerball numbers, from about one in 175 million to one in 292.2 million. By making it harder to win a jackpot, the tougher odds made the ever larger prizes inevitable.
The US saw sales of $277 million on Friday alone, and sales of more than $400 million were expected Saturday, according to Gary Grief, the executive director of the Texas Lottery.
(Excerpt) Read more at businessinsider.com ...
‘Small’ jackpots won by a group aren’t a big deal. Huge jackpots entice even very large pools with a high percentage who don’t regularly buy lottery tickets. State revenue is really all that matters.
It will be all mine.
because so many more tickets are bought.
I could probably upgrade my Netflix account to CDs also.
get reelz, sundance, etc :)
really live it up.
Once again I broke even. Didn’t buy anything, didn’t win anything, didn’t lose anything.
The odds are 1 in 292 million. Since tickets are $2, you would have to spend $584 million to get all the numbers and guarantee a winning ticket.
But, you have to remember that you don't get all the jackpot... you get the annuity amount. Then there are taxes. And, there's always the chance you have to share the jackpot with others who got lucky.
RE: It will be all mine.
Actually, not all. Uncle Sam takes half of it.
Sorry - I think you missed my attempt at humor. I was surprised that various states were not playing with state monies- to win the pot.
I understand that it would be illegal- but temptation on win, must be tempting
I am willing to share this one time. However the rest will be split among my many future wives. : )
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