Powerball Jackpot Climbs to $645 Million for Monday Night's Drawing

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Lottery players will have another chance to win the Powerball prize, with the amount climbing to a massive $645 million for Monday night’s drawing. The amount soared after no one matched all six numbers in last weekend's drawing, and it's also the second Powerball jackpot to exceed $600 million this year.

Lottery players will have another chance to win the Powerball prize, with the amount climbing to a massive $645 million for Monday night’s drawing. The amount soared after no one matched all six numbers in last weekend's drawing, and it's also the second Powerball jackpot to exceed $600 million this year. But Saturday’s drawing had over 1.3 million winning tickets, including three sold in Michigan, New Jersey and South Carolina, that won $1 million prizes.

If someone wins Monday night’s jackpot, the winner can choose between an annuity prize worth an estimated $645 million or a lump sum payment estimated at $307.3 million.According to Powerball.com, both prize options are before taxes. If the winner selects the annuity option, they will get an immediate payment followed by 29 annual payments that rise by 5% each year.Powerball drawings are held three times a week on Monday, Wednesday and Saturday.Tickets are also $2 and sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.The odds of winning a prize are 1 in 24.9, while the odds of winning the jackpot are 1 in 292.2 million.The Associated Press contributed to this report. This story was reported from Washington, D.C

Powerball Jackpot Lottery Prize Drawing Annuity Lump Sum Odds

 

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