Show me the money!
For roughly three months, there has been no winner of one of the biggest lottery jackpots. With no winner again Wednesday night, it will roll over and reach $435 million.
Hitting the $400 million-plus mark is a milestone, making it the seventh largest lottery jackpot in the Powerball game’s history, officials said.
Still, it doesn’t rival the record Powerball jackpocket that was worth nearly $1.6 billion in January 2016 and split among three winners.
The winning numbers from Wednesday’s drawing were 5-21-57-66-69 and Powerball 13. The next drawing will be Saturday at 9 p.m.
Lottery officials said they’ve noticed that since the big drawing in 2016, it has been taking larger and larger jackpots to “get people really revved up,” according to Carole Gentry, a spokesman for the Maryland Lottery.
Lottery officials have dubbed it “jackpot fatigue.”
“It takes longer to get the attention,” she said. “Years ago, a $60 million jackpot was very exciting. Then it was $200 million.”
“Because we have had a $1.6 billion jackpot, it takes longer for the excitement to be there.”
This particular jackpot has rolled over 19 times with no one winning it since early April. The last winner got $60 million on April 1 in Arizona, lottery officials said.
It isn’t uncommon for a lottery jackpot to roll over several times.
In February 2015, a jackpot rolled over 20 times before there were winners for the $564.1 million prize — one each in North Carolina, Texas and Puerto Rico.
The Powerball lottery is played in 44 states and the District, Puerto Rico and the U.S. Virgin Islands.
Most people who buy tickets let the machines pick the numbers at random for them. Others pick their own based on “lucky” numbers, children’s birthdates, anniversaries or license plate numbers, lottery officials said.
The odds of picking the winning numbers for the big prize are one in more than 200 million.
But if you are lucky enough to win, you’ll have two options — take the full value that is paid in dozens of installments over several years or take the one-time lump sum, which is smaller than the actual jackpot at roughly $273.1 million.
You’ll also have to consider taxes, including federal tax on lottery winnings, plus any local and state taxes that would apply.