The Powerball jackpot has jumped to $572 million, just in time for the Holidays.
No tickets matched Monday night’s drawing. A winner in Wednesday night’s drawing could choose to receive a lump sum of $286 million.
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In most states, Powerball tickets cost $2 and buyers can choose their own numbers and single Powerball or leave that task to a computer.
Powerball drawings are held three times a week at 10:59 p.m. EDT on Mondays, Wednesdays and Saturday, with the numbers selected at the Florida Lottery in Tallahassee.
Once the numbers are chosen, it usually takes a couple hours to determine if there is a jackpot winner. If there isn’t a winner, state lottery officials release a jackpot estimate for the next drawing. If there is a winner, the jackpot reverts to $20 million and begins the long process of growing until there is another winner.
The game’s odds remain 1 in 292.2 million regardless of how big the jackpot is and the number of people buying tickets. Those odds mean there are 292.2 million possible number combinations.
Will you be playing? Let us know in the comments.