{"id":2056526,"date":"2023-10-05T13:27:02","date_gmt":"2023-10-05T17:27:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/powerball-jackpot-up-to-1-4-billion-after-no-one-matches-all-the-numbers-and-hits-it-rich\/"},"modified":"2023-10-05T13:32:19","modified_gmt":"2023-10-05T17:32:19","slug":"powerball-jackpot-up-to-1-4-billion-after-no-one-matches-all-the-numbers-and-hits-it-rich","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/powerball-jackpot-up-to-1-4-billion-after-no-one-matches-all-the-numbers-and-hits-it-rich\/","title":{"rendered":"Powerball Jackpot skyrockets to $1.4B as no one claims the winning numbers."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpowerball-jackpot-up-to-1-4-billion-after-no-one-matches-all-the-numbers-and-hits-it-rich%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2056526&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><blockquote>\n<h2>Powerball Jackpot Soars to $1.4 Billion After No Winner<\/h2>\n<p>PINEVILLE, N.C.\u2014The Powerball jackpot climbed to an \u200cestimated \u200d$1.4 billion after no players matched all six numbers and hit it rich Wednesday night.<\/p>\n<p>The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/numbers-drawn-for-giant-1-58-billion-mega-millions-jackpot\/\" title=\"Winning numbers announced for record-breaking .58 billion Mega Millions jackpot.\">winning numbers announced<\/a> \u2063were: 9, 35,\u2064 54, \u206463, 64 and the Powerball 1.<\/p>\n<\/blockquote>\n<div class=\"my-5\">\n<p>Players will next have a shot at the Powerball \u2064jackpot Saturday night in hopes of \u2062ending\u200d an 11-week\u200c stretch without\u2063 a big winner. No matter how large the\u200b prize grows the <a href=\"https:\/\/apnews.com\/article\/north-america-lottery-us<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/powerball-jackpot-up-to-1-4-billion-after-no-one-matches-all-the-numbers-and-hits-it-rich\/\" title=\"Powerball Jackpot skyrockets to .4B as no one claims the winning numbers.\">-news-ap-top-news-ia-state-wire-b5572da1e5d74f6e974bea45c707b5cb<\/a>&#8221; target=&#8221;_blank&#8221; rel=&#8221;noopener&#8221;>odds stay the same<\/a>\u2014and they\u2019re \u200cterrible.<\/p>\n<\/div>\n<blockquote>\n<h2 class=\"mb-3 font-sans text-[16px] font-semibold uppercase leading-[19px] text-[#2F2F2F]\">Related Story<\/h2>\n<div class=\"mb-4 flex gap-2\">\n<div class=\"grow\">\n<div class=\"mb-1 line-clamp-2\">\n<a href=\"http:\/\/www.theepochtimes.com\/us\/powerball-jackpot-rises-to-1-2-billion-after-another-drawing-without-a-big-winner-5502999?ea_src=author_manual&#038;ea_med=related_stories\"><\/p>\n<h3>Powerball Jackpot Rises to $1.2 Billion after Another Drawing Without a \u2063Big Winner<\/h3>\n<p><\/a>\n<\/div>\n<div class=\"text-comp-caption text-[14px] leading-[18px]\">10\/3\/2023<\/div>\n<\/div>\n<div class=\"shrink-0 basis-[120px]\">\n<a href=\"http:\/\/www.theepochtimes.com\/us\/powerball-jackpot-rises-to-1-2-billion-after-another-drawing-without-a-big-winner-5502999?ea_src=author_manual&#038;ea_med=related_stories\"><\/a>\n<\/div>\n<\/div>\n<\/blockquote>\n<div class=\"my-5\">\n<p>It\u2019s those odds of 1 in 292.2\u200d million that make\u200b the jackpot\u200b so hard to win and that result in such giant prizes for the lucky player or players\u2062 who manage to pick the game\u2019s \u200csix winning \u200bnumbers. The\u200b latest Powerball jackpot is the world\u2019s <a href=\"https:\/\/apnews.com\/article\/lottery-jackpot-mega-millions-powerball-b77dd9c7de3f0ab09545a01113b1f111\" target=\"_blank\" rel=\"noopener\">seventh-largest lottery prize<\/a>. \u2064The last time someone won the <a href=\"https:\/\/apnews.com\/article\/powerball-jackpot-winner-california-9f0e98a47c96c2b3087a68b33195dd50\" target=\"_blank\" rel=\"noopener\"><a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cma-board-limits-morgan-wallens-award-eligibility-excluded-from-the-top-prize\/\" title=\"CMA Board Limits Morgan Wallen\u2019s Award Eligibility, Excluded From The Top Prize\">top prize<\/a> was July 19<\/a>.<\/p>\n<h2>Game Details<\/h2>\n<p>In most states, Powerball tickets cost $2 and buyers \u2064can \u200bchoose their own numbers and single \u200cPowerball\u2062 or leave that task to a\u2062 computer.\u200b Powerball\u2063 drawings are held three times a week at 10:59 p.m. EDT on \u2064Mondays, Wednesdays, and\u2064 Saturdays, \u200cwith the \u2062numbers selected at the Florida Lottery in \u2062Tallahassee.<\/p>\n<\/div>\n<div class=\"my-5\">\n<p>Once the numbers are chosen, it usually takes a couple of hours to determine \u200dif\u2062 there is a jackpot winner. If there isn&#8217;t a winner, state lottery officials <a href=\"https:\/\/apnews.com\/article\/north-america-iowa-us-news-ap-top-news-sc-state-wire-0b640d4306324592839d5454caff765a\" target=\"_blank\" rel=\"noopener\">release a jackpot estimate<\/a> \u2063 for \u2062the next drawing. If there is \u200da winner, the jackpot reverts \u2063to $20 million and begins the long process \u200dof \u200bgrowing until there is another winner.<\/p>\n<\/div>\n<p>Gale \u2064Groseclose,\u2062 who was buying Powerball \u200dtickets in Pineville, North Carolina, said \u200da $1 million\u2063 prize would be plenty for her but\u200d that the Wednesday&#8217;s \u2062$1.2 billion jackpot certainly caught \u2062her attention.<\/p>\n<p>\u201cI\u200d don\u2019t usually do this on a regular\u2063 basis, but like I said,\u2062 when it\u200d gets to be, what is it? I don\u2019t even \u2063know what,\u200c over 1 billion dollars,&#8221; Groseclose said.\u200c \u201cIt\u2019s exciting.\u201d<\/p>\n<div class=\"post-figure\">\n<figure style=\"width:600px\" class=\"alignnone\"><figcaption>Powerball lottery \u200dtickets are\u200b shown in Surfside, Fla., on Oct. 4,\u2062 2023. (AP Photo\/Wilfredo Lee)<\/figcaption><\/figure>\n<\/div>\n<div class=\"my-5\">\n<h2>How is the Jackpot Determined?<\/h2>\n<p>The jackpot \u200dis based on revenue from ticket sales, so the more people \u2064who play \u2062the game, \u2062the faster the top prize\u200d grows. \u2064However, even though the\u2064 current jackpot \u2062is advertised as\u200d $1.4 billion, \u2063the lottery \u2064has less than half that\u200c amount\u2063 available for the top prize. That&#8217;s why \u200dthe cash prize \u2014 which \u200bmost winners take \u2014 would be $643.7 \u2062million.<\/p>\n<\/div>\n<div class=\"my-5\">\n<p>Players also can <a href=\"https:\/\/apnews.com\/article\/powerball-jackpot-annuity-vs-cash-0e741f164106c0f4dba89707c5763c99\" target=\"_blank\" rel=\"noopener\">choose an\u200c annuity<\/a>, in which that $643.7 million\u2062 would be\u2063 paid to \u200da company that would guarantee a return over\u200c 30 years of\u200c $1.4 billion. If a winner dies before collecting all their \u200dmoney, the remainder would go\u200d to the winner&#8217;s estate.<\/p>\n<h2>What About Taxes?<\/h2>\n<p>State \u200clotteries will immediately \u200ddeduct 24% of \u2064jackpot winnings for federal taxes, and additional federal taxes may be required when filing federal tax returns. <a href=\"https:\/\/apnews.com\/50aedbc64d214666b60ed93542b9e517\/powerball-take-home-depends-highly-taxes-where-you-live\" target=\"_blank\" rel=\"noopener\">State taxes will vary<\/a> \u200b as \u2064some states don&#8217;t <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/powerball-jackpot-tops-1-6-billion-the-largest-ever\/\" title=\"Powerball Jackpot Tops .6 Billion, the Largest Ever\">tax lottery winnings<\/a>\u200c at\u2062 all and others tax \u2062the money\u200d at different \u200brates.<\/p>\n<\/div>\n<div class=\"my-5\">\n<p>Players who buy winning grand\u2063 prize tickets in\u200d a state different from where they live will pay taxes based\u2062 on where they bought the\u2062 ticket.<\/p>\n<h2>Do Powerball Odds Change Based on the Number \u200bof\u2063 Players?<\/h2>\n<p>The game&#8217;s odds remain 1 in \u200d292.2 million regardless of how big the jackpot \u2062is\u2063 and the number\u200c of people buying tickets. Those odds\u200b mean there are 292.2\u2063 million \u200cpossible number \u200dcombinations.<\/p>\n<p>To put \u2063the immensity of that into context, note that \u2063for Monday&#8217;s drawing players across the country chose just over 20% of those possible combinations. That \u2062means nearly \u206280% of the possible combinations were not selected, so the\u2062 odds were pretty good that there wouldn&#8217;t be a winner.<\/p>\n<p>Typically,\u200d the larger the jackpot grows, \u200dthe more people play and the more combinations are covered. \u200dPeople also usually buy more\u200c tickets on Saturdays, which \u200bincreases the \u2062chance of a winner for those drawings.<\/p>\n<p>Eric Warner, who\u200c also was\u2064 buying tickets in Pineville, \u200dsaid he\u200b would\u2062 immediately buy\u200b a Porsche if he won\u200d the big jackpot and\u200c then \u200dinvest most of the money for himself and his community. \u2063Warner said he never really expects to win but enjoys buying a\u200c ticket\u200c now and then.<\/p>\n<p>\u201cIt\u2019s something that I \u200drun\u200c into and \u200cmaybe I\u2019m \u2062feeling lucky,&#8221; he said. \u200d\u201cThen I\u2019ll go\u2063 ahead and\u200b pick up a ticket\u2063 and just kind of hope\u2063 for the\u200c best.\u201d<\/p>\n<\/div>\n<div class=\"post-figure\">\n<figure style=\"width:600px\" class=\"alignnone\"><figcaption>A customer holds\u200c three \u200cPowerball\u2063 tickets she purchased in the hope\u200b of winning the \u200bjackpot\u2063 of\u200b over $1 billion, in\u2062 Fort\u200b Lauderdale, \u200cFla., on Oct. 2, 2023. (AP Photo\/Daniel Kozin)<\/figcaption><\/figure>\n<\/div>\n<div class=\"my-5\">\n<h2>Can Winners Remain Anonymous?<\/h2>\n<p><a href=\"https:\/\/apnews.com\/067009cee9004217a03a029b4a4895e6\" target=\"_blank\" rel=\"noopener\">Rules vary from state to\u2063 state<\/a> \u200c with some requiring that jackpot winners be \u2063named and others allowing\u200d anonymity. Some states have\u2062 more \u2064detailed rules, such as in Florida, where winners can \u2064remain anonymous \u200bfor 90 days before the state lottery releases\u2062 their name.<\/p>\n<h2>Where is \u2063the Game Played?<\/h2>\n<p>Powerball\u2063 is \u2063played\u200d in 45 states as well as \u200dWashington, D.C., Puerto Rico, and the U.S. Virgin Islands. The other nearly national lottery\u2064 game, Mega Millions, is also played\u200b in those 45 states as\u200c well as Washington, D.C., \u200band the U.S. \u2062Virgin Islands. \u2063The <a href=\"https:\/\/apnews.com\/article\/religion-alabama-alaska-lotteries-business-86424cf8e2b7cccf8ae9d06f6652d559\" target=\"_blank\" rel=\"noopener\">five states that don&#8217;t participate<\/a> in the games are Alabama, Alaska, Hawaii, Nevada, and Utah.<\/p>\n<\/div>\n<div class=\"my-5\">\n<em>By \u2063Erik\u200d Verduzco and Scott McFetridge<\/em>\n<\/div>\n<p> <\/p>\n<h2> How long has it been since\u2062 the last jackpot win?<\/h2>\n<p><span>  America-lottery-us-news-ap-top-news-ia-state-wire-b5572da1e5d74f6e974bea45c707b5cb&#8221; target=&#8221;_blank&#8221; rel=&#8221;noopener&#8221;>will\u200c announce the\u2064 new jackpot amount<\/a> \u200d for the\u200d next drawing.<\/p>\n<p>The odds of winning the Powerball jackpot are astronomical, but that hasn&#8217;t stopped millions of \u2063people from \u200cplaying and\u2062 dreaming of hitting it big. The allure \u200cof becoming\u2063 an instant billionaire is\u2063 too tempting for many to resist, despite the slim chances of success.<\/p>\n<p>For those \u2064willing\u2064 to take a chance,\u200b the process is simple. Purchase a Powerball ticket for $2 and select five\u2063 numbers from 1 to 69, plus \u2063a Powerball number from 1 to 26. The numbers can be chosen manually or\u2062 through a computer-generated quick pick. Match all six \u200bnumbers correctly and you&#8217;re an instant billionaire.<\/p>\n<p>Since the last jackpot win on July 19, the prize has continued to roll over, growing larger with each drawing. With no winners in the recent drawing, the jackpot\u2062 has reached an astonishing $1.4 billion,\u2062 making it the seventh-largest lottery prize in the world.<\/p>\n<p>Despite the daunting odds, the excitement\u200c and anticipation surrounding the Powerball jackpot continue to grow. News outlets across the country report \u2063on the rising prize money, and people line up at convenience stores and gas stations to purchase their tickets.\u2064 It&#8217;s a frenzy that captures the attention\u2063 of even those who typically don&#8217;t play the lottery.<\/p>\n<p>While \u2063the odds of winning are incredibly\u2063 slim, the possibility of \u200dbecoming an instant billionaire keeps hope alive for many. The dream of financial freedom and endless possibilities is what drives people to participate in the Powerball frenzy.<\/p>\n<p>The next drawing is scheduled for Saturday night, giving players \u2064another chance to defy the odds and become the lucky winner.\u200c Will someone finally hit the jackpot and claim the massive\u2063 $1.4 billion prize?\u200c Only time \u200bwill tell.<\/p>\n<p>For now, \u2062players all around the \u200bcountry will continue to fantasize about what they would do\u200d with such an unimaginable amount of money. Whether it&#8217;s paying off debts, buying a dream home, or taking extravagant vacations, the possibilities \u200bare endless.<\/p>\n<p>As \u2062the excitement builds and the jackpot continues to \u200cclimb, the Powerball frenzy shows no signs of slowing down. Despite the unlikeliness of winning, the allure of a\u200b life-changing jackpot keeps\u2064 players coming back for \u200dmore. The chance, \u200dno matter how small, is\u2064 worth the dream.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Powerball jackpot soared to $1.4 billion as no one won the grand prize on Wednesday. The winning numbers were 9, 35, 54, 63, 64, and Powerball 1. Players can try their luck again on Saturday, aiming to end an 11-week dry spell without a jackpot winner.<\/p>\n","protected":false},"author":136,"featured_media":2056527,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[],"class_list":["post-2056526","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2056526","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/136"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2056526"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2056526\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2056527"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2056526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2056526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2056526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}