Saturday’s Powerball drawing will be the biggest in U.S. history after hitting $1.6 billion
The Problem With Mega Jackpots Like the $1.6 Billion Powerball Drawing
The incredible sum—more than 22,000 years worth of earnings for the median American household—is driving lottery players into a frenzy. But as jackpots like this one grow, so do criticisms that lotteries are becoming increasingly predatory and harmful to many people who play them. But the major lotteries also changed the rules to ensure that jackpots get bigger and bigger—in an effort to garner media attention and generate buzz. In 2012, Powerball tickets went up from $1 to $2 per ticket and the game format has since undergone several changes to expand the number pool—and make it less likely that any individual drawing results in a jackpot winner. The effect is that jackpots have swelled.
With an estimated cash value of $782.4 million after taxes, the winning Jackpot numbers will be announced from Tallahassee at 10:59 p.m. ET on Saturday, Nov. 5. If there are no winners on Saturday, the jackpot will continue to grow.
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
Powerball jackpot grows to world's largest ever at $1,600,000,000Brb we're just dashing off to America to a buy a Powerball ticket 🤑 Ahead of Saturday's draw, the Powerball jackpot has reached the world’s highest amount ever at $1.6billion.
Læs mere »
Tula Lotay: Work of comic artist and Thought Bubble founder celebratedLisa Wood, who draws as Tula Lotay, has illustrated some of the biggest titles in comics.
Læs mere »
Ukraine refugee: I have to share a bed with strangerOlena fled Ukraine when war broke out and came to London. After her sponsor ran out of money, she was put into temporary accommodation - but the flat was full with problems and Olena had to share a bed with a complete stranger. 📲 Full story:
Læs mere »
Prince William announces £1m Earthshot Prize finalistsFifteen finalists are up for the £1m award given to innovators tackling the planet's problems.
Læs mere »
Council tax promise made as East Mids devolution takes key stepA £1.14 billion agreement will see a new authority and mayor's position created in the region
Læs mere »