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U.S. Powerball Jackpot Reaches $1.6 Billion

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The largest lottery in American history is now up for grabs. As the U.S. Powerball Jackpot has just hit an astronomical $1.6 Billion. So, just how much could the winner actually walk away with? Saturday night’s drawings could heed the largest lottery win ever. Yet, with taxes coming into play, and different options in how you cash out, how much of the $1.6 billion goes to the winner is the bigger question. JUST IN: US Powerball rises to $1.6 billion, the largest Lottery ever. — Watcher.Guru (@WatcherGuru) November 4, 2022 Powerball Jackpot is Now the Largest Lottery Prize Ever Those who decide to play the Lottery now have a 1 in 292 million chance of winning the Powerball Jackpot, and those winnings have only gotten bigger with drawings taking place since early August. Relative to this pot, the last winner- a Pennsylvania native who matched all six numbers- landed $206.9 million. Source: NPR According to CNBC, that $1.6 Billion is all available pre...