The coronavirus has impacted business through the United States and the Powerball is not immune.
The Powerball Product Group announced on Thursday that after the April eight drawing, there shall be no assured beginning jackpot quantities or minimal jackpot will increase. All future jackpot will increase shall be decided and introduced prior to every drawing “primarily based on recreation gross sales and rates of interest.”
The announcement comes after the Powerball Product Group on March 25 had lowered future jackpots from $40 million to $20 million, and dropped the minimal enhance between drawings from $10 million to $2 million.
“These adjustments are vital to make sure that ticket gross sales can assist the Powerball jackpot and different lower-tier money prizes,” mentioned Gregg Mineo, Powerball Product Group Chairman and Maine Lottery Director. “Our primary precedence is ensuring that the Powerball recreation can proceed to help lotteries in elevating proceeds for his or her beneficiaries.”
This Saturday’s Powerball jackpot is $180 million. If nobody wins, the jackpot will enhance $190 million for the April eight drawing. If somebody matches all six numbers on Saturday, the jackpot will reset to $20 million for the April eight drawing and “proceed to develop primarily based off gross sales and rates of interest,” the corporate introduced.
Powerball tickets are bought in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Drawings are held on Wednesday and Friday nights.
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