![Powerball Jackpot Expected To Reach A Whopping Record-Breaking 1.5 Billion Dollars Powerball Jackpot Expected To Reach A Whopping Record-Breaking 1.5 Billion Dollars](https://api.time.com/wp-content/uploads/2016/05/powerball.jpeg?quality=85&w=2400)
By Sarah Begley
After several sleepy months, the Powerball jackpot is back up to an estimated $348 million.
March 2 was the last time anyone won the full jackpot, the Associated Press reports. In January, three winners split a take of $1.6 billion in a closely-watched drawing. The winners were lucky enough to have purchased tickets in states that do not tax lottery winnings, though they did owe federal income tax of 39.6%, Money reported.
According to Powerball, the odds of winning are 1 in more than 292 million.
[AP]
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