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Lottery jackpots continue to challenge records

Some weeks you are a Mega Millions player, and other weeks, like this one, you are a Powerball player if the growing jackpots are any indicator. Monday’s Powerball jackpot is $747 million, which, as it stands currently, is the fifth-largest in Powerball history and the ninth-biggest in U.S. lottery history. According to the Associated Press, three of the top 10 lottery jackpots have occurred since 2022. Since 2020, that number has grown to six of the top 10. Rising interest rates, more expensive tickets, and a larger playing pool are why you have seen jackpots rise in recent years and near record highs. To win the Powerball, you have to match all six numbers. The jackpot will roll over to Wednesday’s drawing if no one wins on Monday night.

 

A previous version of this story said that current jackpot is $747 billion, which is not correct. The story now includes the correct amount.

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