Powerball to lower jackpot starting point and increases due to plunge in sales
Coronavirus moves once more
Today the Powerball Product Group introduced it’s making adjustments to the multi-state lottery sport’s jackpot due to sagging sales brought about via the COVID-19 coronavirus.
Following the following grand prize win, Powerball’s starting jackpot will reset to a assured $20 million (annuity) with minimal roll increases of $2 million between drawings.
Previously the starting point was once $40 million, with assured $10 million increases between drawings that didn’t produce a jackpot winner.
“Powerball players in many U.S. lottery jurisdictions are under shelter-in-place orders or recommendations from their governors or mayors, which has affected normal consumer behaviors,” Bishop Woosley, director of the Arkansas Scholarship Lottery, stated. “Just like other enterprises around the world that are making adjustments, the lottery industry is making proactive changes to continue to offer the world’s premier lottery product.”
Tonight’s marketed jackpot is a assured $150 million; $114.eight million money price. If the jackpot is gained in this night’s drawing, the jackpot will reset to a assured $20 million (annuity) for the Saturday, March 28 drawing with minimal jackpot roll increases of $2 million between drawings. If the jackpot isn’t gained this night, then the jackpot will develop to an estimated $160 million (annuity).
Powerball tickets are $2 according to play. Drawings are held each and every Wednesday and Saturday at nine:59 p.m.