American lottery players competed Monday for the fourth-biggest jackpot in U.S. history, as the Powerball drawing had a top prize of $1.55 billion.
The winning numbers were 16-34-46-55-67, with the Powerball being 14.
Powerball expanded to three nights a week in 2021, adding a Monday drawing to its Wednesday and Saturday games. Powerball said that the extra drawing would lead to “larger, faster-growing jackpots.”
Two of the three larger Powerball or Mega Millions drawings have occurred in the past year. There have been 34 consecutive Powerball drawings since the last jackpot winner on July 19.
The current Powerball run is the ninth time that one of the two major U.S. national lotteries has had a jackpot that reached into the 10-digit numbers. If Monday’s game is not won, Wednesday’s drawing would be the second-biggest in U.S. history, though it would have to roll over a couple more times before topping a $2.04 billion Powerball prize won in California last November.
If taken in a single lump sum, as most recent big lottery winners have chosen to do, Monday’s $1.55 billion prize would be worth $680 million. The larger, advertised amount is what the other option — a 29-year annuity — would be worth over its lifetime.
Federal taxes would quickly take almost 40% of that amount, with state taxes a possibility on top of that.
The $2 Powerball tickets are sold in 45 states, along with the District of Columbia, Puerto Rico and the U.S. Virgin Islands. The five states on the outside are Alabama, Alaska, Hawaii, Nevada and Utah.
The odds of a winning Powerball ticket are 1 in 292.2 million.