Powerball jackpot drops to $63m after $847m New Jersey win
The sole winner can take a lump sum instead of the full annual payout.
The hit
A single ticket sold in New Jersey matched all six numbers in the 4 November Powerball draw, taking the jackpot to $847m after 35 rollovers, according to the USA Today Network. The jackpot has since reset & stood at $63m for the 14 November draw.
Why it matters
The odds of matching all six numbers stay fixed at 1 in 292.2m regardless of the jackpot size, according to Powerball.com. The jackpot reset to $20m & climbed back to $63m within 10 days of the win.
The record
| Winning ticket value | $847m |
|---|---|
| Rollovers before the win | 35 |
| Cash option available to winner | $363.1m lump sum (New Jersey Lottery) |
| Retailer bonus for selling ticket | $30,000 (Powerball & New Jersey Lottery) |
| Jackpot after reset | $20m on 7 November, climbing to $63m by 14 November |
What happens next
The winner can choose between annual payments or the $363.1m cash option. The next Powerball drawing is Monday, 16 November.
Sources: After $847 million Powerball win last week, jackpot at $63 million
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