Powerball jackpot jumps to record $1.3 billion

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No winning tickets were sold for Saturday’s record-breaking $949 million Powerball jackpot, lottery officials say, pushing the jackpot for next week’s drawing to at least $1.3 billion, with a cash value of $806 million.

Texas Lottery confirmed no winning ticket had been sold in any of the participating states or territories despite huge sales across the country. Sales from Saturday had already pushed the jackpot to $949.8 million, making it the world’s largest annuity prize on record.

Several people came close to winning the jackpot, but no one had a ticket that matched the entire combination: 32, 16, 19, 57, 34 and powerball 13.

The news means that Wednesday’s drawing will be the first time that a jackpot surpasses $1 billion, with a starting estimate of $1.3 billion, but that number is certain to increase. The second-largest annuity prize on record is now the $656 million jackpot that was shared among three tickets from Kansas, Illinois and Maryland in March 2012.

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