US Powerball Jackpot at $535-M

US Powerball Jackpot at $535-M

US Powerball Jackpot at $535-M

Americans are told by some that the American Dream is dead, after all, a life of hard work, saving money and endless planning and investing is just too much for many people to handle.

But, hang on, The American Dream has not really died, it is now very different.

The new version of it is very different from that of our parents and grandparents.

The New American Dream is winning the Lottery.

A $2.00 bet could bring home $500-M+ in the Powerball lottery’s 5th-largest jackpot in a 25-year history that is up on Saturday.

However, the odds of winning are micro-miniscule.

The multistate lottery’s grand prize grew to an estimated $535-M after none of the nearly 65-M tickets sold matched the winning number for the $432-M prize in the prior drawing Wednesday.

The Multi-State Lottery Association, which runs Powerball for 44 states and Washington, DC, Puerto Rico and the US Virgin Islands, said the size of the jackpot increases with the number of tickets sold, and could grow more before the drawing Saturday.

In the televised drawing set for Saturday at 10:59p EDT in Tallahassee, Florida, 5 of 69 white balls and 1 of 26 red balls, The Powerball, will be randomly selected to form the winning 6-digit number.

The association calculates the odds of winning the jackpot at 1 in 292.2-M. The odds are always the same, whether the prize is the minimum $40-M or the record $1.59-B shared by 3 winners in January 2016.

The odds of winning any prize, including one as small as $4, are about 1 in 25, it said.

No one has hit the Powerball jackpot in the semi-weekly drawings since 10 June, when a California man won $447.8-M.

The jackpot amounts reflect the value they would have in 30 payments made over 29 years.

The current $535-M jackpot has an actual cash value of $340.1-M for a winner who opts to take it as a lump sum, the association said.

All the best!

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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