Millions trying to win the unheard of jackpot in the US lottery

Millions of lottery players in the United States have once again tried their luck, hoping to win the unprecedented Powerball jackpot, estimated at $1,900 million. Monday night’s draw was postponed due to security protocols.

The Associated Press (AP) reported that this “jackpot” is about $400 million more than the previous record and will continue to grow until someone beats it.

At the current exchange rate, the dollar premium is similar in value to the euro.

The draw, scheduled for Monday night (early Tuesday in mainland Portugal), has been postponed due to the requirements of security protocols.

“Once the necessary security protocols are in place, the drawing will be conducted under the supervision of lottery security officers and independent reviewers. Winning numbers will be published as soon as they are available,” the California Lottery said. CNN.

Only four former players have won $1 billion in prize money, but none have come close to the current prize pool, which started with $20 million on August 6 and has continued throughout. Three months without victories It grew more and more.

The winner who chooses a one-time payment will receive approximately $929.1 million, while those who prefer to receive annually, over a 29-year period, will receive $1,900 million.

Even if more people are drawn to play, because of the huge prize pool, spending $2 on each Poweball ticket, it’s tough The odds of winning, one in 292.2 million, mean that there is still a good chance that one additional draw will occur without winning the jackpot.

In this case, the jackpot for Wednesday’s drawing will be more than $2 billion.

The fact that 40 draws have already passed without a winner, leads to the question if something is wrong. But the game is designed this way, with Odds of one in 292 millionso it is difficult to outperform someone until the higher value attracts more punters.

Higher sales also mean that the lottery raises more money for public programs, which is one of the goals of this type of game.

Like EuroMillions in Europe, or Totoloto in Portugal, players can pick numbers, but the vast majority allow the machine to pick at random.

Powerball winners must decide whether they want to receive the full amount in one go or receive the lump sum over 29 years.

Either way, federal value taxes are levied, lowering the premium by more than a third. Many US tax lottery winnings, also affect the final value.