Powerball Jackpot Soars to $740 Million After No Thanksgiving Winner
Powerball jackpot hits $740m after no major winner

The hunt for a life-changing fortune continues as the US Powerball jackpot has surged to an estimated $740 million. This follows the Thanksgiving weekend draw on Saturday, which failed to produce a grand prize winner who could match all six numbers.

Saturday's Numbers and the $1 Million Winner

The numbers drawn on Saturday 30 November were 19, 22, 30, 32, 59, and the crucial red Powerball was 1. While no ticket holder secured the jackpot, one fortunate player in Florida had a very happy holiday. Their ticket matched all five white balls, netting them a $1 million prize.

The next opportunity to win the colossal top prize will be on Monday night. If the jackpot remains unclaimed, it will roll over again to Wednesday's draw, potentially growing even larger.

The Staggering Odds and Winner's Choices

According to the non-profit Multi-State Lottery Association, the odds of winning any Powerball prize stand at 1 in 24.9. However, the chance of scooping the jackpot itself is a monumental 1 in 292.2 million.

Should a lucky individual finally hit the winning combination, they will face a monumental choice. They can opt for the annuity option, receiving the full $740 million paid out in 30 annual instalments. Alternatively, most winners choose the lump sum cash payment, which for this draw is estimated at $346.1 million (before taxes).

Lessons from Past Powerball Billionaires

This near-billion-dollar draw evokes memories of recent record-breaking wins. Just this September, an anonymous Missouri man won half of a $1.787 billion Powerball jackpot, the second-largest in US history. He took a lump sum of $410.3 million and told lottery officials he planned to "just do me for a year," later marvelling at the surreal nature of his new wealth.

The all-time record remains the $2.04 billion won in November 2022 by Edwin Castro of California. Financial experts consistently advise new winners to exercise extreme caution. Ahead of a previous $1.8 billion draw, advisor Rob Wilson recommended telling as few people as possible: "I would tell your spouse, your accountant and your attorney, that’s it."

As the prize pot swells, anticipation builds across the United States. The question on everyone's mind: will the next draw finally create the next multi-millionaire, or will the jackpot climb even higher?