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$1.4 billion Powerball prize is a combination of interest rates, sales, math — and luck

Posted on AllSides October 6th, 2023
From The Left
AP Photo/Erik Verduzco

At $1.4 billion, the Powerball jackpot on the line Saturday night is the world’s fifth-largest lottery prize, due to higher interest rates, long odds, fewer ticket sales per drawing and, of course, luck.

A combination of all those factors means that unless there is a winner soon, the jackpot could top the record lottery prize of $2.04 billion won last November by a Powerball player in California.

Someone last won the Powerball jackpot July 19, and since then it has grown three times a week, with each drawing on Mondays,...

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https://apnews.com/article/powerball-jackpot-lottery-billion-6ecd6909f7cb459676bd6426cbe8d8f1

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