Monaco Journal - Powerball jackpot grows to record $2.3 bn in US

NYSE - LSE
BCC -1.59% 77.76 $
RBGPF -3.92% 64.47 $
CMSC -0.5% 20.508 $
JRI -2.09% 11.25 $
RIO -2.35% 95.25 $
BCE -0.42% 21.61 $
BTI 0.18% 55.85 $
GSK -2.03% 49.71 $
NGG -2.14% 75.25 $
AZN -3.09% 163.33 $
RYCEF 0.6% 20 $
BP 3.12% 44.49 $
CMSD -0.39% 20.34 $
RELX 0.72% 33.22 $
VOD -1.65% 16.35 $
Powerball jackpot grows to record $2.3 bn in US
Powerball jackpot grows to record $2.3 bn in US / Photo: Patrick T. FALLON - AFP/File

Powerball jackpot grows to record $2.3 bn in US

The US Powerball jackpot grew to a mind-boggling $2.3 billion Tuesday -– the largest prize in world history -– leaving countless Americans clinging to hope of winning big.

Text size:

There were no winners in Monday's drawing, Powerball USA announced on Twitter Tuesday morning, soon after a delayed drawing took place.

The drawing was postponed after a participating lottery needed more time to complete security protocols due to high demand for tickets.

Powerball tickets are sold in nearly all states -- 45 of 50 -- as well as Washington DC, the US Virgin Islands and Puerto Rico.

The last time someone claimed the Powerball jackpot was August 3, when a lucky ticket holder in Pennsylvania raked in an estimated $206.9 million.

Since then, 40 consecutive draws have produced no winner, and the Powerball jackpot has grown and grown.

The latest winnerless drawing for a prize of $1.9 billion actually came out to a final figure of $2.04 billion following massive ticket demand.

Tickets cost $2 and a winner can choose either a lump sum payment, calculated for the next drawing at $1.124 billion, or opt to be paid in installments over 29 years.

Most winners choose the lump sum payout.

The next drawing will occur Wednesday evening.

V.Bellini--MJ