The Powerball lottery prize rose to 1,600 million dollars and breaks the world record for the highest in history

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This Saturday night the raffle will take place, which no one has won in more than three months. This reflects the low odds of hitting a jackpot, which are 1 in 292.2 million

The Powerball lottery jackpot rose to 1.6 billion dollars and breaks the record World Cup Highest in History

A person looks at a digital billboard announcing the $1.6 billion Powerball jackpot in New York City

Strong sales boosted the Powerball lottery jackpot last Friday to approximately 1.6 billion million dollars, making it the largest lottery jackpot in the history of the United States.

On Saturday night the raffle will be held for the Powerball prize, which no one has won in more than three months. The series of 39 consecutive draws without a winner reflects the slim chances of hitting a jackpot, which are 1 in 292.2 million.

The advertised prize is what the winner would get if they choose to receive an annuity over 29 years. But almost all of the winners choose to receive the prize in a single exhibition, which for Saturday's drawing would be approximately $782.4 million.

The Powerball lottery jackpot rose to 1.6 billion dollars and breaks the record The world's highest in history

A digital billboard announcing the $1.6 billion Powerball jackpot is displayed in New York City

The new stock market breaks the record previous $1.586 million obtained in 2016 by three people who bought Powerball tickets in California, Florida and Tennessee.

Powerball is available in 45 states, as well as Washington, D.C., Puerto Rico and the US Virgin Islands.

The The last record-breaking Powerball jackpot occurred six years ago. Winning ticket holders aren't the only ones getting a payday in the drawing. The tax authorities of USA they'll walk away with about 40 percent of the jackpot, and state and local authorities may want a piece too.

Powerball lottery jackpot rose to $1.6 billion and breaks world record for highest in history

A person receives a lottery ticket for the $1.6 billion Powerball jackpot in New York City

Powerball tickets cost $2 and are sold in 45 US states, the District from Columbia, Puerto Rico and the US Virgin Islands.

To play Powerball, the ticket purchaser must choose five different numbers from one to 69, then choose a Powerball number from one to 26.

The buyer then goes home and dreams big (mansions, new cars, fancy food, and fancy vacations) while awaiting the results of the draw and the possible disappointment that follows.

Yes no one wins the jackpot in Saturday's drawing, it will tie the record for the longest stretch without a grand prize.

Powerball lottery jackpot rose to $1.6 billion and breaks record World Cup Highest in History

A person fills out a Powerball ticket for the $1.6 billion jackpot in New York City

Before the massive payout of 2016 Powerball, the previous records were set in 2019 in Wisconsin ($768.4 million) and in 2017 in Massachusetts ($758.7 million).

The numbers drawn were 2, 11, 32, 25, 60 and the extra Powerball number was 23. No one you were right.

So the jackpot keeps growing, and on Saturday there will be another chance to win. This time the prize amounts to 1,600 million dollars and it is the third largest lottery jackpot in the country's history.

This is the largest lottery prize in the world in history.

The jackpot has been growing steadily since the grand prize was last won on August 3 in Pennsylvania.

Saturday's drawing, which will take place at the Florida Lottery studio at 10:59 pm (02:59 GMT), marks the 40th drawing of Powerball since the jackpot was last won.

(With information from AP and AFP)

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