Home Technology $1.9 Billion Powerball Drawing Delayed Over Security Issues

$1.9 Billion Powerball Drawing Delayed Over Security Issues

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$1.9 Billion Powerball Drawing Delayed Over Security Issues

The Powerball jackpot has topped $1.9 billion with an option for an immediate payout of $929 million.

The Powerball jackpot has topped $1.9 billion with an choice for an instantaneous payout of $929 million.
Image: William Thomas Cain (Getty Images)

The rising pleasure over which fortunate particular person will win the rising Powerball jackpot—which is now a whopping $1.9 billion—is hitting a snag because the lottery drawing has been paused following safety considerations.

Monday’s Powerball drawing was formally paused by the Multi-State Lottery Association after an unnamed state didn’t submit the suitable knowledge earlier than the drawing, which was set to happen Monday night. That knowledge consists of metrics like lottery ticket gross sales. Powerball successful numbers ought to be posted on their web site as quickly because the drawing happens, however as of the writing of this text, no numbers have been published.

“The Powerball drawing scheduled for Monday, Nov. 7 remains delayed due to one participating lottery needing additional time to process its sales and play data,” Powerball stated in a press release revealed by the Massachusetts State Lottery on Twitter Tuesday morning. “The delay is unfortunate as the other 47 lotteries were able to complete the required security procedures in a timely fashion…Players should hold onto their tickets.”

That’s some critical Powerball snark.

The final Powerball jackpot was awarded in August to a Pennsylvania resident who was in a position to take residence $206.9 million. Powerball winners even have two choices to entry their payout. Winners can both entry the money in a single lump sum on the time of successful, however should take a pay minimize, or will be awarded the whole jackpot quantity in annual installments.

For this present jackpot, the winner can money out instantly with a $929 million payout, or obtain the whole $1.9 billion in annual installments over 30 years, in accordance with reporting from CNN, which might quantity to roughly $63 million a yr.


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https://gizmodo.com/power-ball-lottery-jackpot-1849756290