Powerball adding 3rd weekly drawing to build bigger jackpots

Aug 20, 2021, 9:37 AM | Updated: 10:17 am

DES MOINES, Iowa (AP) — Lottery players will get more chances to win giant jackpots as the Powerball game shifts to three drawings a week in an effort to build larger prizes and boost sales.

The change will begin Monday, Aug. 23, marking the first time the game will expand beyond two weekly drawings since it was launched 29 years ago.

May Scheve Reardon, the Missouri Lottery executive director and current leader of Powerball, said the change is intended to create consistently larger prizes. Although plenty of people spend $2 on a Powerball ticket when prizes are lower, sales typically take off when jackpots reach $400 million or more, she said.

In part that’s because after recent jackpots that have topped $1.5 billion, even life-changing prizes can seem comparatively puny.

“Jackpot fatigue is real and by increasing the days of the draws we’ll be able to grow bigger jackpots faster and get more people interested in the game and turn over more money to our beneficiaries,” Reardon said.

Powerball, overseen by the Urbandale, Iowa-based Multi-State Lottery Association, is played in 45 states plus Washington, D.C., the U.S. Virgin Islands and Puerto Rico. In the 2021 fiscal year, the game had sales of more than $4 billion.

MegaMillions, the other lottery game offered throughout most of the country, is evaluating ways to remain “on the forefront of consumers’ minds” but doesn’t plan to add more drawings, said Pat McDonald, president of the Mega Millions Consortium and director of the Ohio Lottery.

Powerball also will add a new feature to the game called Double Play, which costs an extra $1 and offers a chance to win additional prizes of up to $10 million. Double Play initially will be offered in Colorado, Florida, Indiana, Maryland, Michigan, Missouri, New Jersey, Pennsylvania, South Carolina, South Dakota, Tennessee, Washington and Puerto Rico.

“We’ll be able to sell more, and more people will play and there will be more chances to win,” Reardon said.

The chance of winning a Powerball jackpot will remain exceedingly slim, at one in 292.2 million.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

The Meyer Shank Racing Acura ARX-06 passes the High Class Racing ORECA LMP2 07 in a turn during a p...
Associated Press

IMSA takes North American sports cars into hybrid era

DAYTONA BEACH, Fla. (AP) — The Cadillac growls, while the Porsche and BMW scream. The Acura sounds like an Indy car, and for fun, turn your back to the track and listen carefully as the cars roar around Daytona International Speedway in a new era of IMSA sports car racing. The top prototype class has […]
21 hours ago
A new Jeep is delivered to a dealership in Pittsburgh on Monday, Jan. 23, 2023. On Friday, the Comm...
Associated Press

US inflation and consumer spending cooled in December

WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed’s series of interest rate hikes are slowing the economy. Friday’s report from the Commerce Department showed that prices rose 5% last month from a year earlier, down from a 5.5% year-over-year […]
21 hours ago
Mass timber affordable home prototypes are shown at the Port of Portland in Portland, Ore. Friday, ...
Associated Press

Oregon pins hopes on mass timber to boost housing, jobs

PORTLAND, Ore. (AP) — Inside a warehouse at the industrial Port of Portland lies what some believe could be the answer to Oregon’s housing crisis — a prototype of an affordable housing unit made from mass timber. Once mass-produced at the factory being planned at the port, the units ranging from 426 square feet (40 […]
21 hours ago
FILE - The seal of the Board of Governors of the United States Federal Reserve System is displayed ...
Associated Press

Wyoming crypto bank’s Federal Reserve application denied

CHEYENNE, Wyo. (AP) — The Federal Reserve Board has denied a Wyoming cryptocurrency bank’s application for Federal Reserve System membership, officials announced Friday, dealing a setback to the crypto industry’s attempts to build acceptance in mainstream U.S. banking. Many in crypto have been looking to Cheyenne-based Custodia Bank’s more than 2-year-old application as a bellwether […]
21 hours ago
In this image provided by the U.S. Air Force, Senior Airmen Andrew Whitener and Tyler Glodgett 341s...
Associated Press

Nuclear strike chief seeks cancer review of launch officers

WASHINGTON (AP) — The top Air Force general in charge of the nation’s air- and ground-launched nuclear missiles has requested an official investigation into the number of officers who are reporting blood cancer diagnoses after serving at Malmstrom Air Force Base in Montana. The illnesses became publicly known this week after The Associated Press obtained […]
21 hours ago
FILE - An Amazon Fresh grocery store stands in Warrington, Pa., on Feb. 4, 2022. In an email to Pri...
Associated Press

Amazon axes free grocery delivery on Prime orders under $150

NEW YORK (AP) — Amazon is axing free grocery delivery for Prime members on orders less than $150. Customers who get their groceries delivered from Amazon Fresh — and pay less than $150 — will be charged between $3.95 and $9.95, depending on the order size, the company said in an email to Prime members […]
21 hours ago

Sponsored Articles

...
Fiesta Bowl Foundation

Celebrate 50 years of Vrbo Fiesta Bowl Parade magic!

Since its first production in the early 1970s, the Vrbo Fiesta Bowl Parade presented by Lerner & Rowe has been a staple of Valley traditions, bringing family fun and excitement to downtown Phoenix.
...
Quantum Fiber

How high-speed fiber internet edges out cable for everyday use

In a world where technology drives so much of our daily lives, a lack of high-speed internet can be a major issue.
...
Quantum Fiber

Stream 4K and more with powerful, high-speed fiber internet

Picking which streaming services to subscribe to are difficult choices, and there is no room for internet that cannot handle increased demands.
Powerball adding 3rd weekly drawing to build bigger jackpots