After the draw on Saturday, there weren’t any new winners of the Powerball jackpot to join the club of lucky ones. But this news is great for future participants since the value of the jackpot just increased.
Increased value of the jackpot:
After last weekend’s failure, the estimated value of the jackpot is $900 million. Since this is the third-largest prize in the whole history of the Powerball jackpot, the players who will participate in Monday’s drawing have a lot to hope for – and even more considering that the last jackpot was hit in April, with 37 drawings without the winner after that.
The lottery released the odds for the next drawing, and they are pretty small – 1:292.201.338.
On Saturday, the numbers that could lead someone to the win were 2, 9, 43, 55, and 57, and Powerball had the number 18 on itself.
Nobody won the grand prize, but nonetheless, three people have all the reasons to be happy with Saturday’s drawing. Three players, two from Texas and one from Colorado guessed all five white balls, which brought them the prize of $1 million.
But what will happen if the jackpot is drawn on Monday? The player will have to choose. The lottery officials gave the winner two options: the first one is getting the annuitized prize, whose estimated amount is $900 million, and the second will be choosing the lump sum prize of $465.1 million. The annuitized prize means that the total amount will be split so the winner will get one payment immediately, and the other ones will be divided into 29 parts paid annually, each one of them increased by 5% compared to the previous one.
The biggest jackpot ever hit was $2.04 billion worth. In November 2022, a player from California got very lucky and earned that impressive prize.
Tickets and drawings:
If you’re a newbie in the jackpot world, it’s good to know that you can buy tickets for $2 in 45 U.S. states, along with Washington, D.C., Puerto Rico and the U.S. Virgin Islands. At 10:59 p.m. EST on Mondays, Wednesdays, and Saturdays, as well as on Powerball.com, you’ll get a chance to check if you’re the lucky one.
Another jackpot that can change someone’s life is the Mega Millions jackpot. Its worth is currently estimated at $640 million, which is the largest amount to be won in the whole Mega Millions history, and the next chance to be the lucky winner will be on Tuesday.
The players who are interested in participating can buy tickets in 45 states, as well as Washington D.C. and the U.S. Virgin Islands. The ticket that will cost the player only $2 can bring an impressive prize.
The worth of the jackpot will continue to increase until someone wins, so don’t miss out on an opportunity to change your life!
The legal status of online casinos in India is complex and varies by state. While there is no federal law that explicitly addresses online gambling, the legality depends on state regulations and the type of gambling involved.
Key Points:
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No National Law: India does not have a specific national law regulating online casinos. However, the Public Gambling Act of 1867 prohibits operating physical casinos and gambling houses, but it doesn't cover online platforms, leaving a legal grey area for online gambling.
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State-Specific Laws: Some Indian states, like Goa, Sikkim, and Daman, have legalized land-based casinos, and others, such as Sikkim, have also licensed online gambling. Many states have banned gambling altogether, including online gambling.
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Online Sports Betting: Betting on sports, particularly cricket, is very popular in India. However, it's only explicitly legal in some states like Sikkim and Nagaland, which have laws permitting online gaming and betting.
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Legal Gray Area: Many international online casinos accept Indian players and operate legally under licenses from offshore jurisdictions (like Curacao or the UK Gambling Commission). As long as players are gambling on licensed platforms, the risk is minimal, but local authorities may still choose to regulate or restrict online gambling.
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Cryptocurrency: Some Indian players prefer using cryptocurrencies (like Bitcoin) for online gambling, as it provides a layer of anonymity and security.
While online casinos aren't explicitly legal across all of India, many international casinos accept Indian players, and online gambling continues to grow in popularity. Players should ensure they use licensed platforms and understand local laws before engaging in online gaming.
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