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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
Personal FinancePowerball

Powerball jackpot climbs to $1.2 billion after 33 straight draws without a winner

By
Daniel Kozin
Daniel Kozin
,
Mark Vancleave
Mark Vancleave
, and
The Associated Press
The Associated Press
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By
Daniel Kozin
Daniel Kozin
,
Mark Vancleave
Mark Vancleave
, and
The Associated Press
The Associated Press
Down Arrow Button Icon
October 3, 2023, 6:54 AM ET
Powerball lottery
Chevy Johnson, a resident of Broward County, Fla., holds the three Powerball tickets she purchased in the hope of winning the jackpot of over $1 billion, in Fort Lauderdale, Fla., on Monday, Oct. 2, 2023. Daniel Kozin—AP Images

The Powerball jackpot climbed to an estimated $1.2 billion after no players hit it big Monday night.

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The winning numbers announced were: 12, 26, 27, 43, 47 and the Powerball 5.

The jackpot for the next drawing Wednesday night will be among the largest lottery prizes of all time, behind earlier prizes in the Powerball and Mega Millions games.

The prize has grown so massive because there have been 33 consecutive drawings since someone matched all five white balls and the Powerball to win the jackpot, dating back to July 19.

That losing streak reflects the stunningly long odds of winning the jackpot, at 1 in 292.2 million.

The new $1.2 billion jackpot is for a sole winner who chooses to receive the winnings through an annuity, paid annually over 30 years. Winners nearly always pick the cash option, which for Wednesday night’s drawing would be an estimated $551 million.

A Powerball ticket costs $2 in most states and players can pick their own numbers or have a computer make the selection.

Powerball is played in 45 states as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

___

Vancleave reported from New Hope, Minnesota. AP writer Scott McFetridge in Des Moines, Iowa, contributed.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
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