Powerball jackpot increases to $1 billion for Wednesday’s drawing

Powerball jackpot increases to  billion for Wednesday’s drawing

Maybe the third time really is the charm, but more than likely it’s just in your dreams.

Wednesday’s Powerball jackpot is estimated at $1 billion, something that has happened only twice before in the game’s history, which began in 1992, lottery officials said.

This current round hit the $1 billion mark after no one hit the jackpot in Monday’s drawing.

It was last won on April 19 and the jackpots increase every time someone doesn’t win the jackpot.

The rules of the game were changed in 2015 to make it less likely for someone to hit the jackpot, but more likely for someone to win a prize.

Odds of winning the jackpot went from 1 in 175 million to 1 in 292 million, which is where it stands today. (Mega Millions also made changes in 2017 to increase the jackpots and increase the odds.)

The largest jackpots won in Powerball history were the $2.04 billion won in November and the $1.586 billion won in June 2016.

Wednesday’s drawing will be at 10:59 pm ET.

By Mitchell G. Patton

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