Jae C. Hong/AP
DES MOINES, Iowa — The bad news is that no one took home Wednesday night’s massive $1.2 billion Powerball jackpot.
The good news is that this means the prize has risen further to $1.5 billion ahead of the next draw on Saturday night. It is the third largest lottery prize in US history.
The numbers drawn on Wednesday evening were: 2, 11, 22, 35, 60 and the red powerball 23.
No one has won the top Powerball prize since August 3, which is 39 consecutive draws without anyone matching all six numbers.
What’s behind three months of lottery futility? It’s a simple calculation. The odds of winning the jackpot are 1 in 292.2 million.
It is because of these long odds that the grand prize has become so important.
The new $1.5 billion prize is actually for winners who opt for an annuity, paid annually over 29 years. Almost all of the winners choose cash, which for Saturday’s draw would be $745.9 million.
Powerball is played in 45 states, as well as Washington, DC, Puerto Rico, and the US Virgin Islands.