The Powerball jackpot has soared to an estimated $1.04 billion after no tickets matched all six numbers in Saturday night’s drawing.
Saturday night’s drawing produced white balls 19, 30, 37, 44 and 46 and red Powerball 22.
The $1.04 billion prize – an estimated $478.2 million in cash value – is the second-largest jackpot this year, topped only by a $1.08 billion prize won on July 19 by a ticketholder in California.
I would like to win.
Goddammit… Alright, everyone. Pack it up. He already called it.
Thank you.
So are PowerBall and Mega Millions now rigged to make sure that the jackpot always hits $1B before a winner is drawn?
Rigged in the sense that they intentionally made the odds so long as to almost ensure it would routinely go weeks and weeks without a winner. So yes, it is by design.
I was told years ago when I worked at a convince store our loto rep said white balls coming out of the machine are fake it never random. They decide when it pays out. He claims it only pays out when they earn double what will be paid out. This back when loto got up to like 4 million. So they would earn 8 and then give the illusion that the white balls came out and gave a winner.
He says they preload the winning numbers. Since it all electronic they can keep people from winning for as long as they want because they know all numbers submitted.
Stupid tax.
Oddly enough not entirely. Yes it is a total waste of money to buy a ticket, but I remembered hearing a piece a while back that broke down why the poor bought the majority of tickets. Basically it broke down to the fact that they knew there was no chance of them ever getting out of poverty without some major windfall event. They know that there is no real chance of winning, but sadly it was the closest thing to hope they had. They aren’t stupid just desperate.
I’m not American, please explain, why is the cash value only 478.2 million? Is that after taxes or something?
It’s not after taxes.
The “jackpot” is what you get if you select an annual annuity over 30 years.
The cash value is what you get if you want it all today.
Taxes come after.
This site explains it well: https://www.usamega.com/powerball/jackpot
TL/DR it’s not even 300 million by the time they fuck you in the arse 😂
That’s just false advertising
I mean, I’m okay with only getting $250 million.
Right. Hell, I’d gladly accept and amount.
I wanna see a Bruce Almighty scenario with the lotto at some point in my life.
I could sure use the money…
😆 The last lottery ticket I bought was 38 years ago. I regreted throwing away a dollar it’s too traumatic.
You get three darts to throw at the balloons and if you hit all three you get a prize. No, not the giant bear. Never the giant bear.
Ok count me in (☞ﾟヮﾟ)☞
Why do they even bother announcing so much money when we all know taxes are like 40%… what even is the point of announcing such a high figure? Like the government is just paying themselves at this point so why bother taxing it. To provide further dilution you have to accept an annuity to even approach getting all the money.
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