"Powerball players in Missouri and Texas won the estimated $1.8 billion jackpot on Saturday, overcoming astronomical odds to end the lottery game's three-month drought without a big winner. The winning numbers were 11, 23, 44, 61, and 62, with the Powerball number being 17. In addition to the jackpot winners, two people won the Match 5 + Power Play, winning $2 million by matching all five white balls drawn but not the red Powerball, plus also paying an extra $1 for the Power Play option."
"Powerball's terrible odds of 1 in 292.2 million are designed to generate big jackpots, with prizes growing as they roll over when no one wins. Lottery officials note that the odds are far better for the game's many smaller prizes. The estimated $1.8 billion jackpot would go to a winner who opts to receive 30 payments over 29 years through an annuity. Winners almost always choose the game's cash option, which for Saturday night's drawing would be an estimated $826.4 million."
Powerball players in Missouri and Texas won the estimated $1.8 billion jackpot Saturday, ending a 41-drawing streak without a top prize. The winning numbers were 11, 23, 44, 61 and 62, with Powerball 17. Two people won Match 5 + Power Play for $2 million by matching all five white balls but not the red Powerball; those tickets were sold in Kansas and Texas. Eighteen people won $1 million by matching the five white balls. The annuity pays 30 installments over 29 years while the cash option was about $826.4 million. Odds of hitting the jackpot are 1 in 292.2 million. Powerball tickets cost $2 and the game is offered in 45 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands. Public disclosure of winners historically aided trust; lotteries in America date to the 1700s and were used by governments to raise money.
Read at ABC7 Los Angeles
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