The Powerball jackpot for this Saturday’s drawing is an estimated $550 million, which practically makes it one of many lottery sport’s 10 largest all-time prizes.
A Powerball participant in Florida reveals off their ticket slips. The Powerball jackpot for Oct. 22, 2022, is an estimated $550 million. (Picture: Getty)
No ticket matched Wednesday night time’s profitable numbers. The 5 white balls have been 6, 8, 15, 27, 42, and the purple Powerball was 10. Wednesday’s draw marked the thirty third consecutive Powerball drawing with no jackpot winner. The percentages of matching all six numbers are a depressing one in 292.2 million.
Play is considerably rising due to the ever-growing jackpot. Powerball officers estimated that Wednesday night time’s jackpot can be $508 million. However sturdy gross sales pushed the prize to $515.5 million.
At an estimated $550 million, the Saturday, Oct. 22 Powerball jackpot can be simply $14.1 million in need of the sport’s Tenth-richest jackpot of $564.1 million, received in February 2015. If there’s no jackpot winner on Saturday, the present Powerball jackpot will nearly actually enterprise onto the sport’s top-10 largest jackpot record for the Monday, October 24 draw.
Saturday’s $550 million Powerball jackpot has a money choice of $277.5 million. After federal tax, the one-time lump sum fee can be about $174.8 million earlier than any state taxes.
Jackpot Increments
Build up a lottery jackpot north of half a billion {dollars} takes time. For the present Powerball jackpot, the prize started rolling after a profitable ticket in Pennsylvania claimed a $206.9 million jackpot following the August 3 drawing.
Powerball jackpot rollovers sometimes enhance the pool by about $7 million to $15 million when the prize is below $100 million. Because the jackpot will increase, so does curiosity amongst gamers, which ends up in stronger gross sales.
After crossing the quarter-of-a-billion-dollar mark final month, Powerball ticket gross sales jumped considerably. The jackpot swelled greater than $25 million after the $300.7 million jackpot went unclaimed on September 28. After the $338.2 million pot didn’t hit on October 3, the prize climbed one other $16.2 million in simply two days for the October 5 drawing of $354.4 million.
Powerball gross sales continued to accentuate since. The jackpot spiked over $30 million from Monday to Wednesday night time’s $515.5 million bounty. The lottery expects the jackpot prize to balloon by $35 million in time for Saturday night time’s draw at 10:59 p.m. EST from the Florida Lottery draw studio in Tallahassee.
Wednesday Winners
Although no Powerball gamers received the jackpot Wednesday night time, there have been loads of secondary prize winners. Powerball mentioned roughly 965K tickets received some form of prize on Wednesday night time, with money winnings totaling greater than $12.3 million.
Two tickets matched all 5 white balls, however not the purple Powerball, to win the sport’s second-best prize of $1 million. A kind of seven-figure tickets bought the $1 add-on Energy Play choice to double their prize to $2 million. Although the Energy Play was 3x, the $1 million prize can solely be doubled by way of the Energy Play multiplier. The percentages of matching the 5 white balls are one in about 11.7 million.
One other 22 tickets matched 4 white balls and the purple Powerball to win $50K every. Of these 22 tickets, simply six had the Energy Play add-on to triple their wins to $150K.
