Powerball Jackpot climbs to whopping $540M

1 min read

The Powerball jackpot on Monday night has hit around $540 million hours before the draw, California Lottery officials in Sacramento said, KPIX 5 reported.

The Powerball sequence started at $20 million last Oct. 6, or nearly three months ago, officials said. It has climbed over 39 times so far and hit the present jackpot of $540 million.

Last October, the Powerball jackpot was hit from a winning ticket purchased in Morro Bay. The sole winner got every digit on quick pick on that occasion, which the draw was held on Oct. 4 last year. It made a prized record for California with a $699.8 million jackpot.

Officials said that as of 1:30 in the afternoon on Monday, ticket sales in the state for the whole Powerball sequence reached over $145 million.

The sales are likely to increase by more than $58 million for education in California.

Officials added that over 2.8 million of the tickets sold have been winning tickets. They said that so far, the total associated prize value reached over $22 million.

Four different draws have been conducted during this sequence, with the winning sequence purchased in California only missing the Powerball number – or have matched 5 of 6.

According to officials, retailer partners selling Lottery tickets became winners on the occasion. They also gained around $8.4 million in total on ticket sales, as well as cashing the winning entries, and getting incentives for selling lottery tickets worth $1 million or over. 

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