TIME Lottery

Powerball Jackpot Surges to Record $1.4 Billion

But your odds of winning aren't any better

The world’s largest jackpot in history surged to $1.4 billion on Monday as millions of Americans keep trying their luck at the winning the massive prize.

The record-breaking Powerball jackpot climbed after strong ticket sales Sunday, officials said. It’s now a world-record jackpot, according to Kelly Cripe, spokeswoman for the Texas Lottery Commission. The next Powerball drawing is Wednesday. The pot started at $40 million on Nov. 7, 2015 and grew after nineteen drawings went by without yielding a jackpot winner.

Read more: What To Do If You Win the Powerball Lottery

Despite the increased ticket frenzy, the odds of taking home the jackpot are still one in 292.2 million. There’s a higher chance you die of chronic constipation, statistician Amram Shapiro told TIME. “That’s the scale of all of this. It’s fascinating,” he said. “They’re buying a dream.”

Tap to read full story

Your browser is out of date. Please update your browser at http://update.microsoft.com


Dear TIME Reader,

As a regular visitor to TIME.com, we are sure you enjoy all the great journalism created by our editors and reporters. Great journalism has great value, and it costs money to make it. One of the main ways we cover our costs is through advertising.

The use of software that blocks ads limits our ability to provide you with the journalism you enjoy. Consider turning your Ad Blocker off so that we can continue to provide the world class journalism you have become accustomed to.

The TIME Team