Powerball jackpot grows to $540 million for Monday night time drawing

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The Powerball jackpot for Monday night time’s 11 p.m. ET drawing has swelled to an estimated $540 million after no person received the New Year’s Day drawing. There was a $2 million winner in Maryland and three $1 million winners, one in Arizona, one in California and one in Florida, in response to Powerball’s web site.

Jackpot winners have the choice to obtain a lump-sum fee or 30 funds over the course of 29 years, with every fee rising by 5%. The lump-sum money fee for a single jackpot winner is at present estimated at round $384.3 million, in response to Powerball.   

Powerball Jackpot Expected To Reach A Whopping Record-Breaking 1.5 Billion Dollars
A buyer holds a handful of Powerball tickets in a 2016 file photograph.

Justin Sullivan / Getty Images

A normal ticket prices $2, though gamers can select so as to add a “power play” for an additional $1, which may enhance the profitable prize whole for every thing however the jackpot. To win the jackpot, gamers should match all 5 drawn numbers plus the powerball quantity. Smaller prizes can be found for different outcomes, comparable to solely matching the powerball, which, with none energy play, is value $4. 

According to Powerball, gamers have a 1 in 24.9 probability of profitable a prize, however solely a 1 in 292,201,338 probability of profitable the jackpot. 

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

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