Sawt Falasteen - Powerball jackpot grows to record $2.3 bn in US

NYSE - LSE
BCC 0.52% 75.44 $
NGG 0.62% 76.86 $
BP 0.04% 46.1 $
GSK 0.02% 48.13 $
RELX -0.06% 33.8 $
BTI 0.69% 55.24 $
BCE 0.6% 23.39 $
RIO 0.57% 99.96 $
CMSC 0.05% 20.45 $
RBGPF 0.41% 68.02 $
AZN 0.33% 160.17 $
VOD 0.4% 17.4 $
RYCEF 2.1% 19.54 $
JRI -0.58% 12.01 $
CMSD -0.1% 20.32 $
Powerball jackpot grows to record $2.3 bn in US
Powerball jackpot grows to record $2.3 bn in US / Photo: Patrick T. FALLON - AFP/File

Powerball jackpot grows to record $2.3 bn in US

The US Powerball jackpot grew to a mind-boggling $2.3 billion Tuesday -– the largest prize in world history -– leaving countless Americans clinging to hope of winning big.

Text size:

There were no winners in Monday's drawing, Powerball USA announced on Twitter Tuesday morning, soon after a delayed drawing took place.

The drawing was postponed after a participating lottery needed more time to complete security protocols due to high demand for tickets.

Powerball tickets are sold in nearly all states -- 45 of 50 -- as well as Washington DC, the US Virgin Islands and Puerto Rico.

The last time someone claimed the Powerball jackpot was August 3, when a lucky ticket holder in Pennsylvania raked in an estimated $206.9 million.

Since then, 40 consecutive draws have produced no winner, and the Powerball jackpot has grown and grown.

The latest winnerless drawing for a prize of $1.9 billion actually came out to a final figure of $2.04 billion following massive ticket demand.

Tickets cost $2 and a winner can choose either a lump sum payment, calculated for the next drawing at $1.124 billion, or opt to be paid in installments over 29 years.

Most winners choose the lump sum payout.

The next drawing will occur Wednesday evening.

X.AbuJaber--SF-PST