The estimated $725 million Powerball jackpot has increased following Monday's lack of a winning ticket

The estimated $725 million Powerball jackpot has increased following Monday's lack of a winning ticket.

The Powerball jackpot is a substantial monetary award in the Powerball lottery game, which is played in a number of jurisdictions across the US. The jackpot starts at $20 million and rises by $1 million every time a winner is selected. The quantity of tickets sold and the number of winners of the lower-level prizes both affect the jackpot's size. The jackpot's exact value might change depending on a number of variables, including annuity or lump sum options. Before every Powerball drawing, the prize size is disclosed. You can view it on the Powerball website or on the websites of the various state lotteries.

The Powerball jackpot is expected to be $725 million ahead of Wednesday's drawing because there was no winning ticket drawn on Monday. We have the results for Monday night's winning numbers drawn just after 11 p.m. ET below. If someone had won Monday night and selected the cash option, they would have taken home more than $340 million. The Monday's winning numbers are listed below..

Winning Numbers for the Powerball: 7/10/23

The winning numbers in the drawing on Monday night were 2, 24, 34, 53, and 58, while the Powerball number was 13. Power Play occurred twice.

Did anyone win last night's Powerball drawing?

According to Powerball, no tickets have five numbers plus the Powerball.

You should be informed of the following information prior to the upcoming Powerball drawing.

What is the probability that you will win the Powerball?

It makes sense that some lottery players might be drawn in by the enormous $572 million jackpot, but it's important to remember that the likelihood of winning the Powerball's top reward is incredibly remote.

The odds of winning a Powerball reward (across all tiers) are approximately 1 in 24.9, and the odds of winning the Powerball jackpot are approximately 1 in 292.2 million.

What is Powerball?

Players can buy a ticket for $2 per play to play in the Powerball game. Players must select one number from one to 26 for the red Powerball and five numbers from one to 69 for the white balls. In contrast, players can select to get random numbers.

The numbers for each of the five white balls and the red Powerball must match in order to take home the jackpot.

Powerball gives eight additional chances to win based on the number of matched balls in the non-jackpot tiers in addition to the big prize.

The non-jackpot awards are worth between $4 and $1 million. "Powerplay" is an additional $1 option that increases non-jackpot winnings by 2, 3, 4, 5, or 10 times.

The 10X Powerplay option is only available for jackpots of $150 million or less, according to Powerball. Additionally, if the Powerplay function is used, the game's "Match 5" award for the second tier is restricted to a maximum of $2 million.

In some jurisdictions, participants can purchase "Double Play," a supplementary add-on feature that offers them a second chance to match their numbers following each Powerball drawing, for $1 per play.

The biggest lottery winnings in US history

1. $2.04 billion Powerball prize won on November 7, 2022 in California.

2. Powerball drawing on January 13, 2016, $1.586 billion; three winners in California, Florida, and Tennessee.

3. Mega Millions jackpot of $1.537 billion, won on October 23, 2018, in South Carolina.

4. Mega Millions jackpot of $1.348 billion, won on January 13, 2023 in Maine.

5. Mega Millions jackpot of $1.337 billion, won on July 29, 2022 in Illinois.

6. Mega Millions jackpot of $1.05 billion, won on January 22, 2021 in Michigan.

7. Wisconsin won the $768.4 million Powerball jackpot on March 27, 2019.

8. Powerball jackpot of $758,7 million, won on August 23, 2017, in Massachusetts.

9. Maryland won the $730 million Powerball jackpot on January 20, 2021.

10. Californian wins $699.8 million in the Powerball on October 4, 2021.