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Powerball jackpot soars to $835 million ahead of Wednesday drawing

The Powerball jackpot reached $835 million after no ticket matched all the numbers in Monday night’s drawing.

This means that there is a chance, albeit very slim, of winning a massive win in Wednesday evening’s draw; The odds of winning the Powerball jackpot are 1 in 292.2 million.

Monday’s drawing was the 29th in a row without a jackpot winner. The last time someone won the top prize was July 19, when a billion-dollar bill was sold at the Las Palmitas Mini Market at East 12th and Wall Streets , just steps from Skid Row. The winner has not yet come forward or been identified.

Earlier this year, another huge Powerball jackpot was won in Los Angeles County, after a $2.04 billion ticket was purchased at an Altadena gas station.

Powerball jackpot winners can choose to claim the prize in 30 progressive annual installments or in a cash option, which is paid out in one go instead of in installments. The winner has up to one year from the date of the drawing to claim it.

The jackpot depends on how many people match all five numbers and the Powerball.

Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico, and the U.S. Virgin Islands.

Los Angeles Times

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