Powerball Jackpot Hits $348 Million

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Powerball Jackpot Expected To Reach A Whopping Record-Breaking 1.5 Billion Dollars
A customer buys Powerball tickets at Kavanagh Liquors on January 13, 2016 in San Lorenzo, California. Dozens of people lined up outside of Kavanagh Liquors, a store that has had several multi-million dollar winners, to -purchase Powerball tickets in hopes of winning the estimated record-breaking $1.5 billion dollar jackpot.Justin Sullivan—Getty Images
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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