Saturday’s Powerball jackpot reached a record $1.6 billion, making it the highest jackpot in US lottery history.
The advertised jackpot is the prize for a winner who chooses an annuity, paid annually over a period of 29 years. Most winners opt for the cash prize instead, which for Saturday night’s draw would be estimated at $782.4 million.
“I want a lot of money,” said Raleigh resident Gilistine Richardson.
It only takes one ticket to win.
“You can’t win if you’re not in it,” said Raleigh resident Lujuana Patterson.
The last time anyone won the Powerball was August 3. This marks 39 consecutive draws without a winner.
Since then, people have purchased $68.7 million worth of Powerball tickets. In North Carolina, people spent $13 million on tickets.
Raleigh resident Esther Delany purchased five tickets ahead of Saturday night’s draw.
“I would probably have a heart attack,” Delany said if she won the jackpot.
The Powerball drawing is at 10:59 p.m. Saturday, and you can watch it live on WRAL-TV. There are also draws on Monday and Wednesday.
“I have as much of a chance as anyone else,” said Wake Forest resident Cheryl Johnson.
About 24 cents of every dollar spent on the lottery goes to education in North Carolina. Last year, the Education Lottery raised more than $900 million for schools across the state, which is 10% of the total education budget.
The new jackpot surpasses the previous record prize of $1.586 billion won in 2016 by three Powerball players in California, Florida and Tennessee.
Powerball is played in 45 states, as well as Washington, DC, Puerto Rico, and the US Virgin Islands.
Powerball Odds: (Match/Prize/Odd)
- Match five white balls and the Powerball: $1.6 billion grand prize: One in 292,201,338
- Match five white balls: $1 million: One in 11,688,053.52
- Match four white balls and the Powerball: $50,000: One in 913 129.18
- Four matching white balls: $100: One in 36,525.17
- Match three white balls and the Powerball: $100: One in 14,494.11
- Match three white balls: $7: One in 579.76
- Match two white balls and the Powerball: $7: One in 701.33
- Match a white ball and the Powerball: $4: One in 91.98
- Match the Powerball: $4: One in 38.32
First drawing sales in North Carolina
- August 6 – $979,112
- August 8 – $553,199
- August 10 — $677,365
Recent Drawing Sales in North Carolina
- October 26 – $3,971,445
- October 29 – $6,833,764
- October 31 – $9,307,362
- November 2 – $12,976,576 (sixth highest single drawing sales)
The Five Best-Selling Drawings in North Carolina History
- January 13, 2016 – $36.5 million in North Carolina ticket sales
- January 9, 2106 – $27.2 million
- November 28, 2012 — $18.3 million
- May 18, 2013 — $14 million
- August 23, 2017 — $13.6 million