Posted 9/29/23
The Powerball jackpot climbed to an estimated $925 million after no players hit it big Wednesday night, continuing a stretch of lottery futility that has lasted for more than two months.
The jackpot has grown so large because there have now been 30 consecutive drawings without a big winner, dating back to July 19th.
Powerball’s long odds of 1 in 292.2 million are designed to generate big jackpots, with prizes becoming ever larger as they repeatedly roll over when no one wins.
Despite its growth, the jackpot is just the ninth-largest jackpot ever.