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Start Spreading the News, Powerball Jackpot Swells to $810 Million for New Year's Draw

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Published on January 01, 2024
Start Spreading the News, Powerball Jackpot Swells to $810 Million for New Year's DrawSource: Unsplash/ dylan nolte

As 2023 came to a close, the Powerball jackpot continued to balloon, now hitting a gargantuan $810 million after no ticket matched all six numbers in the last drawing of the year. Powerball officials announced that the next chance to win this colossal amount will be on the first night of the new year, turning one lucky participant into a near-billionaire, as reported by FOX San Antonio.

The Powerball website revealed that despite no one scooping up the main prize this Saturday, a few fortunate players are not entering 2024 empty-handed. Some tickets hit it big by matching five numbers, culminating in million-dollar wins across several states. The tickets were purchased in Colorado, New York, Ohio, South Carolina, and Tennessee. An additional two tickets, bought in Texas and West Virginia, raked in $2 million each thanks to the Power Play option.

Winners have a decision to make if they claim the jackpot - taking the whole $810 million in a 30-year annuity or opting for a lump sum payment of an estimated $408.9 million before taxes, Powerball suggests. This eye-watering sum has gamblers across the nation dreaming of vast fortunes, with the odds of winning the jackpot at 1 in 292.2 million, while the chances of taking home any prize sitting at 1 in 24.9.

The anticipation for a jackpot winner is heightened by the mystery surrounding an even more immense prize won last year. On October 11, a $1.76 billion ticket was sold in California, yet to date, the winner has yet to come forward. "They have one year from October 11 to do so," Carolyn Becker, a spokesperson for the California Lottery, said. If no one claims the bonanza, California's public schools will be the unexpected beneficiaries of the unclaimed cash.