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Powerball Jackpot Reaches $1.7 Billion Ahead of Christmas Draw

KVIA••CNN Newsource
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The Powerball jackpot has soared to an estimated $1.7 billion for the upcoming drawing on Wednesday, following a vacant prize on Monday night. This amount marks the fourth largest jackpot in Powerball history and the second largest this year, with the previous record being $1.787 billion shared by winners in Missouri and Texas. Players can purchase tickets for $2, but the odds of winning the grand prize are 1 in 292.2 million. Winners can choose between an annualized payment plan or a lump sum, but taxes will reduce the total payout. The drawing occurs every Monday, Wednesday, and Saturday at 10:59 PM ET.

Key Details: • Next Powerball drawing is on Wednesday at 10:59 PM ET. • Tickets cost $2 each; odds of winning the jackpot are 1 in 292.2 million. • Winners can opt for an annual payment plan or a lump sum. • Total estimated payout before taxes is $781.3 million.

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