The Powerball jackpot has soared to an estimated $1.04 billion after no tickets matched all six numbers in Saturday night’s drawing.

Saturday night’s drawing produced white balls 19, 30, 37, 44 and 46 and red Powerball 22.

The $1.04 billion prize – an estimated $478.2 million in cash value – is the second-largest jackpot this year, topped only by a $1.08 billion prize won on July 19 by a ticketholder in California.

  • Dkarma@lemmy.world
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    1 year ago

    This has never been true. If u take the annuity they take the lump and invest that and instead of getting the full profits of that investment you get the same flat rate every year.

    • gregorum@lemm.ee
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      1 year ago

      You can’t guarantee profits from an investment. That’s just a gamble. However, you can guarantee the gigantic amount of taxes they will deduct from it, and you’re only getting half as much from the cash payout anyway.