Powerball: Is there a limit on the jackpot?

(NEXSTAR) – No one has managed to match all of the Powerball winning numbers since August 3, and the jackpot has only grown over the last three months.

The top prize for the next draw – currently valued at $1.6 billion – is now officially the biggest jackpot in Powerball history. It is also the largest single jackpot in lottery history, surpassing a $1.586 billion Powerball jackpot awarded in 2016 and a $1.537 billion Mega Millions jackpot awarded in 2018.

It’s becoming more and more likely that someone (or a few people) will win the grand prize in upcoming draws, at least if Powerball players continue last week’s trend of collectively buying a larger percentage of all possible number combinations.

But unless every possible combination is printed before one of the upcoming draws, there’s always a chance that nobody will win – and the jackpot could grow even bigger.

“There is no cap on the Powerball jackpot,” said a communications officer for the Multi-State Lottery Commission, which brokers on behalf of participating state lotteries. “The current jackpot will roll until someone or a group wins it,” the rep told Nexstar.

That’s not to say there haven’t been many million-dollar winners over the past three months. Since August 3, “nearly 100 players” have hit the five white balls (but missed the Powerball) and earned a $1 million payday – or a $2 million payday if they chose to use the multiplier to play, according to a Powerball press release released Friday.

Still, only in the absence of a grand prize winner has the jackpot continued to grow, making Saturday’s drawing one of the busiest in years.

“There is a lot of anticipation and excitement leading up to Saturday’s drawing,” noted Drew Svitko, chairman of the Powerball product group and executive director of the Pennsylvania Lottery, in the press release. “We want to remind players that it only takes one ticket to win. Please gamble responsibly.”

https://wgntv.com/news/nexstar-media-wire/powerball-is-there-a-limit-to-the-jackpot/ Powerball: Is there a limit on the jackpot?

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