Economy

Powerball jackpot reaches $550 million after Saturday’s draw yields no big winner

Powerball jackpot reaches $550 million after Saturday’s draw yields no big winner

The Powerball jackpot will climb again after no grand prize winners were selected during Saturday's drawing.

There have been 20 straight drawings since someone hit the jackpot.

The Powerball jackpot rolled over for the 22nd consecutive time and enters Saturday's draw at $495 million, the eighth highest in history. A pair of $50,000 Wisconsin wins came from the most recent draw on March 13.

No one won the Mega Millions jackpot on Friday, so that rises to $45 million for Tuesday night's drawing, according to the lottery website.

Choose five numbers between 1 and 69, and one Powerball number between 1 and 26.

The Powerball winning numbers will be drawn at 10:59 p.m.

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However, there were two $1 million tickets sold. The cash option will net the victor $300.2 million if they chose that route.

One was solid in Pennsylvania and the other was in New Jersey. The jackpot was last won on December 26. That's when two ticket holders - one in NY and one in Iowa split a $687.8 million jackpot.

On May 18, Little Ferry resident Tayeb Souami won the $315.3 million prize with a ticket he bought at ShopRite in Hackensack.

The Powerball game is played by matching all five white balls in any order and the red Powerball number.

Powerball is played in 44 states, Washington D.C., the U.S. Virgin Islands and Puerto Rico.