Powerball Jackpot Reaches Record $1.6 Billion
Powerball Jackpot Reaches Record $1.6 Billion

Powerball Jackpot , Reaches Record $1.6 Billion.

NBC reports that nobody won the Powerball jackpot on Nov.

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NBC reports that nobody won the Powerball jackpot on Nov.

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However, 7.2 million tickets won prizes totaling $74.9 million by matching some of the numbers.

However, 7.2 million tickets won prizes totaling $74.9 million by matching some of the numbers.

But since all five numbers and the Powerball have yet to be matched, the jackpot has increased to $1.6 billion.

But since all five numbers and the Powerball have yet to be matched, the jackpot has increased to $1.6 billion.

According to lottery officials, that's a world record.

According to lottery officials, that's a world record.

The previous Powerball jackpot record was $1.586 billion which had three winning tickets in 2016.

The previous Powerball jackpot record was $1.586 billion which had three winning tickets in 2016.

The next drawing for the current jackpot is on Nov.

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NBC News reports that the odds of winning are 1 in 292.2 million.

If someone wins the $1.6 billion and opts for the cash option, they'd take home $782.4 million.

$187.8 million would go toward taxes.

$187.8 million would go toward taxes