No winner of record Powerball jackpot, next draw put at $1.3 billion
LOS ANGELES (Reuters) -- No one won Saturday's record jackpot of nearly $950 million in the multi-state Powerball lottery, officials said, driving the haul for a winning ticket in the next draw to $1.3 billion, lottery officials said.
"No Powerball jackpot winner," the Texas Lottery announced on Twitter hours after the numbers were drawn.
"Since nobody won tonight's staggering $947.8 million jackpot, it has rolled to an estimated $1.3 billion for January 13," said a statement from officials in California, one of the 44 states, together with Washington D.C. and two U.S. territories, that participate in Powerball.
The grand prize for Powerball has climbed steadily for weeks after repeated drawings produced no big winners. This week ticket purchases surged along with the size of the pot, driving the prize beyond the $900 million reported earlier.
See photos of ticket sales worldwide:
The grand prize in Saturday's drawing was worth $558 million for a winner choosing an immediate cash payout instead of annual payments over 29 years, according to lottery officials in California, one of the participating states.
The prize, which rises with every drawing in which the winning series of six numbers is not won, ranked as the largest jackpot for any lottery in North American history. With almost unimaginable riches at stake, many Americans who normally shun lotteries joined the long lines of people buying tickets at retail stores across the country.
Dony Elias, 26, an attendant at Stardust Liquor in Los Angeles, said 300 customers picked up tickets for Powerball on Friday night at his store. Elias admitted to buying a ticket for himself, something he said he had never done before.
And like many other players, he had given some thought to what he would do with the cash - "I would take a trip to the moon."
California normally sees Powerball sales of $1 million a day, but on Saturday morning sales were $2.8 million an hour, said California Lottery spokesman Mike Bond.
Excitement swirled among ticket buyers despite what some statisticians call mind-boggling odds for the Powerball game, one in 292 million.
Jeffrey Miecznikowski, associate professor of biostatistics at the University at Buffalo, said in an email an American is roughly 25 times more likely to become the next president of the United States than to win at Powerball.
Or to put it another way, the odds are equivalent to flipping a coin 28 times and getting heads every time.
"It doesn't sound so bad ... but you would be at it for an eternity," Miecznikowski said.
November was the last time a jackpot winner emerged from Powerball, which is run by the Multi-State Lottery Association.
In the drawing on Wednesday night, the jackpot stood at $500 million and with no winner drawn, the stage was set for Saturday night's drawing just before 11 p.m. Eastern time.
The previous record North American jackpot payout for any lottery game was in March 2012, when $656 million was won in the multi-state Mega Millions draw.
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