Two days after being selected, Kansas’ enormous Powerball jackpot of $92.9 million is still unclaimed.
Since 2012, Kansas has not produced a winner of the Powerball’s top prize. The winning numbers in the drawing were 7, 28, 62, 63, and 64, while the Powerball was 10. This was the first jackpot winner in ten years.
Unclaimed Powerball Jackpot in Kansas
Lottery winners have the option to remain anonymous when receiving their winnings. In these situations, it means that the retailer from which the winning ticket was purchased is not disclosed until after the award has been accepted.
The business claimed that this was done as a security measure and that the retailer who sold the ticket is qualified to receive a selling bonus if someone wins. The business also mentioned that some people delay coming forward to avoid notoriety.
The Powerball jackpot ticket, according to the Kansas Lottery, was purchased in one of the twenty counties they’ve listed.
The Kansas Lottery’s website lists a plethora of unclaimed lottery prizes, including the most recent one. A year is given to winners to claim their winnings, with ticket values ranging from a few thousand to more than $50,000.
By participating in the Kansas Lottery PlayOn Loyalty program, players can gain points for their drawing entries. They can submit both successful and unsuccessful tickets.
Players have the opportunity to win cash and other prizes through the system. The Powerball Jackpot started anew last night with a $20 million reward. It happens a few weeks after the fourth-largest Powerball jackpot of $1.2 billion, which had the potential to reach a record $1.59 billion, was up for grabs.
After nobody was able to match all six numbers to take home the prize, it reached $1.2 billion. Since the final jackpot winner on August 3, there have been 38 consecutive drawings without a jackpot winner.
That indicated that the sum was getting close to the record prize of $1.586 billion, which was won by three Powerball players in 2016. The Mega Millions lotto game’s players took home the second and third-highest jackpots.
According to Drew Svitko, executive director of the Pennsylvania Lottery, “I think it would be close to being a record, if not a record.”
The quantity of tickets sold, which are flying out of lottery machines around the nation, is the first consideration.
131.6 million Powerball tickets were sold for the drawing that took place earlier in November, according to Anna Domoto, a spokeswoman for the organization that regulates the game.
Other Powerball Jackpot Prizes Remain Unclaimed
As millions of players selected the same numbers, this equaled 36.3 percent of all potential number combinations being covered. Despite the large number, no one actually won the jackpot because only around 186 million number combinations were covered by the odds of winning the jackpot, which is 1 in 292.2 million.
The game’s main attraction is the $1.2 billion jackpot, which corresponds to an annuity with over 29 yearly payments. The average award chosen by winners is cash, which comes to $596.7 million.
The advertised prize is based on the annuity, and that is where the second component in deciding the jackpot comes in because higher interest rates cause annuities to rise more quickly.
The $596.7 million in cash is invested in securities that will ultimately yield $1.2 billion, and those securities expand more quickly as interest rates rise. In a previous drawing, a Florida ticket holder who matched all five white balls upped the prize to $2 million by using the game’s Power Play option.