As excitement builds across the state of Texas, lottery players are gearing up for an historic evening on Wednesday, Feb 1st. On this night, they will have the chance to win the two largest jackpot prizes on the continent with the Powerball® and Lotto Texas® jackpots.
The Powerball Grand Prize has reached an estimated annuitized value of $653 million and an estimated cash value of $350.5 million, making it the largest jackpot prize in North America and the 8th largest in the history of the game. Meanwhile, the Lotto Texas jackpot has reached an estimated annuitized value of $36.75 million with an estimated cash value of $22.4 million, making it the second-largest jackpot prize in North America.
The current Powerball jackpot run, which started with an estimated annuitized value of $20 million for the Nov. 21, 2022 drawing, has reached its 32nd drawing and shows no signs of slowing down. If there is no jackpot winner tonight, the Grand Prize is expected to roll over to an estimated annuitized value of $700 million for the Saturday, Feb. 4 drawing. This Powerball jackpot is the largest since the world record estimated annuitized value of $2.04 billion for the Nov. 7, 2022 drawing, which was won by an out-of-state player.
Texas joined the multijurisdictional Powerball game in 2010 and has already seen several lucky players take home Grand Prizes. The state’s first Powerball Grand Prize winner was Paul McDowell of Bells, who claimed a $40 million jackpot prize from the May 29, 2013 drawing. Texas’ most recent Grand Prize winner was TL Management Trust, Andrew Weber, Trustee of Austin, who claimed a share of the $564.1
million Grand Prize in February 2015. During the current jackpot run, three Texas Lottery players have won second-tier Powerball prizes of $1 million or larger, including a Fort Worth resident and a Del Valle resident. A Quick Pick ticket with Power Play® worth $2 million was recently sold in Killeen, but the prize has yet to be claimed.
In conclusion, the Powerball® and Lotto Texas® jackpots have reached historic levels and are offering Texas Lottery® players a chance to win the two largest jackpot prizes on the continent on the same night. With tonight’s Powerball drawing expected to be the largest in North America, and the Lotto Texas jackpot being the largest in over two years, it’s no wonder excitement is growing across the state. Who knows, tonight could be the night when one lucky player’s life changes forever.
