Powerball winning numbers drawn for $1.6 billion jackpot, World’s largest-ever lottery jackpot

The winning Powerball numbers have been announced for Saturday's $1.6 billion drawing jackpot

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Powerball jackpot has rolled 39 times from the last won which happened on 3rd August

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Big reason for the record $1.6 billion jackpot for the Powerball is the recent run of steep interest rate hike from the Federal Reserve.

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The odds of winning the Powerball jackpot are 1 in 292.2 million,but the jackpot odds for Mega Millions are 1 in 303 million.

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No Powerball winner since 2014 has chosen the larger annuity amount over the cash prize

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Current annuity prize is beating the record set in January 2016 which is $1.586 billion

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The advertised estimated jackpot represents the total payments that would be paid to jackpot winner

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Powerball players do not have to choose cash or annuity unless they win a jackpot

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Powerball Lottery is a game that can be played all over the country, since 45 US States

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