After more than three months without a US lottery jackpot winner, the prize went up this week to become the world's biggest lottery jackpot. The lottery jackpot rose to $1.6 billion before tax, breaking the previous record of $1.59 billion, the jackpot value shared by three contestants in 2016. And the chance of winning the jackpot in this game is one in 292 million, according to Powerball. The game, which was first launched in 1992, is played in 45 states in addition to the US capital, Washington, and the US territories of Puerto Rico and the Virgin Islands.
The six numbers in the lottery ticket must match the numbers shown in the drawing in order for the holder to win the jackpot. There was no winner in 39 consecutive draws.
An American who accidentally discovers that she has won $3 million Briton wins the largest lottery prize in the country's history, worth 184 million pounds The golden ticket holder is entitled to receive the total amount in the form of annual income over three decades. But almost all winners prefer the cash-in-advance option, which requires that they receive an amount less than the prize money in one go. The value of the cash prize for the next raffle is $782.4 million, which is a big difference compared to the size of the cash prize for the last grand prize, which was held last August, when the winner, who was from Pennsylvania, received only $206.9 million.
The biggest draw in lottery history came when three Powerball lottery ticket holders from three different states shared the grand prize in 2016. Briton wins £195m jackpot EuroMillions: Unknown Briton wins £110m lottery jackpot These winners - John and Lisa Robinson of Tennessee, Maureen Smith and David Colchmidt of Florida, and Marvin and Mae Acosta of California - have chosen to receive an immediate cash prize of $327 million in one go.
The Robinsons, who bought the gold ticket and three others at a local grocery store, told NBC's News Today program that they chose to receive the cash prize because they "can't guarantee they'll live until tomorrow." Smith and Schmidt told the same TV channel that they will take early retirement, and that they will spend the money on massages and a replacement of their old car.