Powerball jackpot grows to estimated $1.04 billion, fourth-largest prize in game's history

 Powerball jackpot grows to estimated $1.04 billion, fourth-largest prize in game's history

The Powerball jackpot has grown to an estimated $1.04 billion, making it the fourth-largest prize in the game's history. No ticket matched all six numbers drawn in the Saturday, October 1, 2023 drawing, meaning the jackpot will roll over again for the Monday, October 3 drawing.

The odds of winning the Powerball jackpot are 1 in 292,201,338, but that doesn't mean it's impossible. If a player does win the jackpot, they will have the choice of receiving the prize as an annuity over 29 years, or as a lump sum payment. The lump sum payment is estimated to be $478.2 million, before taxes.

Powerball tickets are sold in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Drawings are held every Monday, Wednesday, and Saturday night at 10:59 p.m. ET.

Here are some tips for playing Powerball:

• Choose your numbers carefully. Avoid using all consecutive numbers or all odd or even numbers.
• Consider playing a Quick Pick. This allows the computer to randomly generate your numbers for you.
• Form a lottery pool with friends or family. This increases your chances of winning without increasing the cost of playing.
• If you do win, sign the back of your ticket immediately and contact your state lottery office.

What to do if you win the Powerball jackpot:

• Take a deep breath and don't make any rash decisions.
• Sign the back of your ticket immediately and contact your state lottery office.
• Get legal and financial advice from professionals.
• Consider setting up a trust to manage your winnings.

Winning the Powerball jackpot is a life-changing event. With a little planning and preparation, you can make sure that your winnings benefit you and your loved ones for years to come.