Powerball jackpot: $429.6 million winner in New Jersey

Americans are leaving behind billions in unclaimed lottery tickets

We have a winner!

Saturday night’s Powerball drawing produced a winner of the $429.6 million jackpot, according to lottery officials.

The ticket, sold in New Jersey, is one of the single biggest winning tickets ever. The jackpot had swelled after 18 drawings without a winner.

The winning numbers in Saturday’s drawing were 5, 25, 26, 44, 66 and the Powerball was 9. All told, more than 3 million tickets claimed smaller prizes ranging from a few dollars to $1 million.

The pot has been growing since March 2, after a 67-year-old man in Florida claimed the previous Powerball jackpot of $291.4 million.

Powerball numbers are drawn each week on Wednesday and Saturday nights at 10:59 pm ET.

Once the jackpot reached over $400 million, it made the list of the largest lottery jackpots of all time.

If no one had won after Saturday’s drawing, the jackpot would have gone up to $525 million, according to the Texas Lottery.

Related: What you don’t know about Powerball

The last jackpot to reach such a high level eventually grew into the largest in U.S. history — $1.6 billion.

That one garnered a lot of attention. In January, three winning tickets were sold in Chino Hills, California; Munford, Tennessee; and Melbourne Beach, Florida.

Related: How Powerball finds winning tickets

While the jackpot is advertised as being worth $415 million, a winner only gets that amount if they pick the annuity — the money is paid out over 29 years.

The lump sum option, which is more popular, has a cash value of $269.7 million.

When the pot grows, more and more people rush out to pick their numbers. But the odds of winning aren’t great.

Individual tickets have only a 1 in 292 million chance of having the jackpot-winning six-digit combination.

Even just guessing the Powerball number, which will get you $4, is hard — the odds are 1 in 38.

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