May 30, 2024

TechNewsInsight

Technology/Tech News – Get all the latest news on Technology, Gadgets with reviews, prices, features, highlights and specificatio

One Powerball ticket wins the $1.3 billion jackpot

DES MOINES, Iowa (AP) — An Oregon Powerball player won a jackpot worth more than $1.3 billion on Sunday, ending a winning streak that spanned more than three months.

Powerball said in a statement that one ticket matched all six numbers drawn to win the $1.326 billion jackpot.

The jackpot is worth $621 million if the winner chooses to take a lump sum instead Pension It is repaid over 30 years, with immediate payment followed by 29 annual installments. The prize is subject to federal taxes, while many states also impose taxes on lottery winnings.

The winning numbers drawn early Sunday morning were: 22, 27, 44, 52, 69 and Powerball Red 9.

Until the latest drawing, no one had won a Powerball jackpot since New Year's Day, which amounted to 41 consecutive drawings without a jackpot winner, snapping a streak that had been set twice before in 2022 and 2021.

The $1.326 billion prize is classified as… The eighth largest drawing in the history of the American Lottery. As the jackpots grow, the drawings attract more ticket sales and the bigger prizes become harder to come by. The long game odds in the weekend draw were 1 in 292.2 million.

Scheduled Saturday night The drawing has been postponed Powerball said in a statement that it took place at the Florida Lottery studio just before 2:30 a.m. on Sunday to enable one of the organizers to complete the required procedures before the specified time of 10:59 p.m.

“Powerball rules require that every ticket sold across the country be scanned and verified by two different computer systems before the winning numbers are drawn,” the statement read. “This is done to ensure that every ticket sold for the Powerball drawing is accounted for and has an equal chance of winning. Tonight, we have one jurisdiction that needs additional time to complete the advance drawing process.

See also  Chinese economic data is likely to show that the recovery is fading fast

Powerball is played in 45 states plus Washington, D.C., Puerto Rico, and the U.S. Virgin Islands.