The Powerball lottery jackpot was conducted on Monday, October 24th, 2022 and had a jackpot of $625 million, which boasted a cash option of $299.8 million.
No jackpot winner
The winning numbers that were drawn in Monday night’s draw were 18, 23, 35, 45 and 54, while 16 was the Powerball number and the Power Play was 4X.
Unfortunately, there were no players who managed to match the numbers required to take home the jackpot in the Monday night draw of the Powerball lottery.
This means that the prize will now roll over to the next Powerball lottery draw, which is scheduled for October 26th, Wednesday.
This draw will now have a jackpot of about $680 million and this will have a cash value of $326.1 million, which makes it the seventh-largest prize in the history of the Powerball lottery draw.
Other winners
Even though there were no winners for the grand prize in Monday night’s draw, there were other players who managed to take home prizes in the Powerball lottery.
A lucky player from Texas became an instant millionaire on Monday night when they hit the Match 4 in the Powerball draw.
They were able to win a prize of $1 million and would have managed to boost it up to $4 million if they had gone with the Power Play option.
Other than the one instant millionaire, there were a total of 32 players who were able to hit the Match 4 in Monday night’s Powerball lottery draw that saw them win $50,000 each.
However, there were 10 lucky players who not only hit the Match 4 in the draw, but also opted for the Power Play option, so they were able to increase their winnings to $200,000 each.
More details
Furthermore, there were a total of $1.2 million tickets that managed to win prizes in the latest Powerball drawing, which saw prizes of $13.7 million paid out in Monday night’s draw.
The Powerball jackpot has now been won in about 35 consecutive draws so far, as it had last been won in the drawing on August 3rd.
At that time, the jackpot had climbed to $206.9 million before a player from Pennsylvania managed to scoop it up.
The Wednesday night drawing of the Powerball lottery will be the 36th draw and it remains to be seen if anyone can claim the jackpot.
Anyone who wins the jackpot has the option of taking the lump sum prize, which is the cash value of the jackpot, or they can go with annuity payments.
This refers to one immediate payment and then 29 payments annually, with each increasing 5%.
The Powerball lottery draw takes place every Monday, Wednesday and Saturday and the ticket price is $2 each.
