So far, 2020 has been unlucky for Powerball lottery players.
No one has hit a jackpot since Nov. 2 and that winless streak has pushed the prize to $343 million. It is the eighth largest grand prize in the game’s history, according to a news release from the Colorado Lottery. The drawing will be held at 8:59 p.m. Wednesday.
The last Powerball jackpot pay out was in California. Since then, there have been 22 drawings without anyone picking all six numbers correctly.
Since June, Colorado Lottery has sold $34 million in Powerball tickets. Colorado Lottery proceeds are directed to outdoors recreation. Retailers who sell tickets also collect earnings from Lottery sales.
Powerball tickets cost $2. The Power Play tickets can multiply non-jackpot prizes with an additional $1 per play. Powerball jackpot winners can choose to receive their prizes in a lump sum payment at cash value or as an annuity, to be paid in 30 portions over 29 years. The annual payments would increase by 5% each year.
