LANSING, MI – Lottery players across the country seem to have hit a wall with their enthusiasm for giant lottery jackpots.
Despite estimates by Powerball officials that the jackpot for Saturday night, October 27, would be worth $ 750 million, the actual amount fell well below that. During the transfer of the subscription, it was announced that the new estimate was only $ 687 million.
And that's still a $ 85 million jump from the drawing Wednesday night, it was not nearly the $ 750 million jackpot from Powerball leading to the drawing. It's the second time this week that a Powerball jackpot has fallen short of the estimated value before the draw.
On Wednesday, the jackpot should be worth at least $ 625 million, but was announced at $ 602 million. This, of course, was one night after the nearly world record Mega Millions drawing had been made, worth $ 1
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The Mega Millions and Powerball jackpots have never been as valuable as these, which has led to rapid lottery activity in the last two weeks. However, casual gamers are likely to reach their limits financially, as sales of the last two Powerball jackpots were much slower than expected.
Even though sales are not as high as expected, a $ 687 million jackpot is still the fourth largest jackpot in US history. The next Powerball drawing is scheduled for Wednesday, October 31st.