• CONTACT
  • MARKETCAP
  • BLOG
Coin Mela Coin Mela
  • Home
  • News
    • All News
    • Bitcoin
    • Ethereum
    • XRP
    • Altcoins
    • NFT
    • Blockchain
    • Web3
    • DeFi
    • Finance
    • Stocks
    • Company
  • Learn
  • Market
  • Advertise
Reading: Powerball jackpot reaches $1.8 billion, third largest in history
Share
  • bitcoinBitcoin(BTC)$115,213.00
  • ethereumEthereum(ETH)$4,555.25
  • rippleXRP(XRP)$3.06
  • tetherTether(USDT)$1.00
  • solanaSolana(SOL)$240.86
  • binancecoinBNB(BNB)$909.30
  • usd-coinUSDC(USDC)$1.00
  • dogecoinDogecoin(DOGE)$0.263987
  • staked-etherLido Staked Ether(STETH)$4,549.34
  • tronTRON(TRX)$0.348524
CoinMelaCoinMela
Font ResizerAa
  • Home
  • News
  • Learn
  • Market
  • Advertise
Search
  • Home
  • News
    • All News
    • Bitcoin
    • Ethereum
    • XRP
    • Altcoins
    • NFT
    • Blockchain
    • Web3
    • DeFi
    • Finance
    • Stocks
    • Company
  • Learn
  • Market
  • Advertise
Have an existing account? Sign In
Follow US
© Coin Mela Network. All Rights Reserved.
Finance

Powerball jackpot reaches $1.8 billion, third largest in history

News Desk
Last updated: September 6, 2025 12:47 am
News Desk
Published: September 6, 2025
Share
17751354 090525 ktrk powerball img

In exciting news for lottery enthusiasts, the Powerball jackpot has skyrocketed to an astonishing $1.8 billion ahead of the upcoming drawing on Saturday night. This massive sum puts it in the ranks as the third largest jackpot in Powerball history, sparking widespread interest and speculation among potential players.

To help illuminate the chances of winning, Eyewitness News featured University of Houston professor Christopher Lutsko, who offered insights into the odds and the psychology of lottery playing during a live segment on Friday morning. Lutsko emphasized the concept of “gambler’s fallacy,” clarifying that in games of chance like Powerball, players cannot rely on the notion of being “due” for a win. He pointed out that the actual odds of winning the current jackpot are approximately one in 300 million.

To put those odds into perspective, Lutsko revealed that individuals are around 15 times more likely to be struck by lightning than to hit the Powerball jackpot with a single ticket. This stark comparison serves as a reality check for aspiring winners as they consider their chances.

While Lutsko noted that there isn’t a reliable mathematical strategy for predicting the winning numbers, he mentioned that a significant number of jackpot winners opt for the Quick Pick option, which allows the lottery system to randomly generate the numbers. Interestingly, he also highlighted that when players choose numbers based on meaningful dates or personal favorites, the likelihood of splitting the prize increases, as many individuals tend to gravitate toward similar selections.

As excitement builds for the Saturday night drawing, many are left wondering just how they will spend their potential winnings. With the jackpot reaching record-breaking heights, the anticipation continues to grow, attracting both seasoned players and newcomers alike.

For more updates on this developing story, viewers are encouraged to follow Briana Conner on various social media platforms.

Mortgage Rates Experience Largest Weekly Drop in a Year as Applications Surge
Gold Hits Record High Over $3,650 as Fed Rate Cuts Loom
Staff Struggles in Week 2 Picks with Mixed Results and Upcoming Matchup Insights
Ray Dalio warns of impending financial “heart attack” in US markets, advocates for gold investment
Gold Prices Surge Near $3,600 Per Ounce Amid Central Banks’ Buying Spree
Share This Article
Facebook Whatsapp Whatsapp
ByNews Desk
Follow:
CoinMela News Desk brings you the latest updates, insights, and in-depth coverage from the world of cryptocurrencies, blockchain, and digital finance.
Previous Article d35091ad 1091 4fae 8194 cb79654b1698 Mutuum Finance (MUTM) Gaining Traction as a Viable DeFi Alternative to Meme Coins
Next Article a0cdca04296007611f1cdb13db79bdf6 World Liberty Financial Freezes Justin Sun’s Tokens Amid Dispute
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News
0ce20daadee6a2147c8807b254e696396e6f268d 1920x1080
Polymarket Integrates Chainlink to Enhance Bet Settlement and Reduce Controversies
cdc content hub 1200x728 2.webp
UEFA Champions League Final 2026 Digital Collectibles Launch with Crypto.com
Will Seoul stock market overcome the Korea discount
SK hynix Drives South Korea’s Stock Market Surge with 21% Price Jump
- Advertisement -
Ad image

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Coin Mela Coin Mela
CoinMela is your one-stop destination for everything Crypto, Web3, and DeFi news.
  • About Us
  • Contact Us
  • Corrections
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Advertise with Us
  • Quick Links
  • Finance
  • News
  • Company
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Stocks
  • Blockchain
  • DeFi
© Coin Mela Network. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?