Lottery jackpots continue to climb to staggering heights, with the Powerball jackpot for Saturday’s drawing now sitting at an estimated $707 million.
Although billion-dollar prizes remain rare, they’ve become far more common over the past decade.
The Christmas Eve Powerball jackpot of $1.817 billion was the second-largest lottery prize in US history, while the biggest lottery prize in US history remains the $2.04 billion Powerball jackpot won in California in November 2022.
Factors such as rising interest rates, updated game rules (including lower odds), and higher-priced tickets have contributed to the recent surge in billion-dollar jackpots.
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Read the full article at WKRN.COM
