The Latest: Powerball jackpot settles at $688M, 4th largest

The Latest on the winning tickets sold for the Powerball jackpot (all times local):

10:30 a.m.

Powerball officials say the jackpot won in Saturday night’s drawing was $687.8 million, about $62 million less than originally estimated.

The jackpot had been estimated at $750 million ahead of the drawing. Lottery officials say two tickets sold in Iowa and New York match the winning numbers and will split the grand prize.

The exact jackpot is determined by sales figures where tickets are sold. Powerball is played in 44 states, Washington, D.C., the U.S Virgin Islands and Puerto Rico. The odds of winning the jackpot are 1 in 292.2 million.

Officials note that the reason jackpots grow so dramatically when prizes get enormous is because people who don’t normally play decide to buy a few tickets. That’s great for lottery sales but makes it more difficult for officials to estimate how many irregular players will participate and how many tickets they’ll buy, adding further complications to the jackpot estimate.

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9:50 a.m.

Lottery officials say two tickets sold in Iowa and New York have won the estimated $750 million Powerball jackpot.

Powerball officials say the tickets match all six numbers in Saturday night’s drawing. The jackpot is the fourth-largest in U.S. history.

Lottery officials say one ticket was sold at Casey’s convenience store in Redfield, Iowa, a rural community of about 800 people. The other winning ticket was sold at West Harlem Deli in New York City.

The winning numbers were 8, 12, 13, 19 and 27, and Powerball 4.

The drawing comes four days after someone won a $1.54 billion Mega Millions jackpot, the second-largest lottery prize. That ticket was sold in South Carolina.

Powerball is played in 44 states, Washington, D.C., the U.S Virgin Islands and Puerto Rico. The odds of winning the jackpot are 1 in 292.2 million.

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12:10 a.m.

Lottery officials say two tickets have won the estimated $750 million Powerball jackpot.

Powerball officials say tickets purchased in Iowa and New York match all six numbers in Saturday night’s drawing. The jackpot is the fourth-largest in U.S. history.

The winning numbers were 8, 12, 13, 19 and 27, and Powerball 4. No further details on where the winning tickets were sold were immediately available.

It comes four days after someone won a $1.537 billion Mega Millions jackpot, the second-largest lottery prize. The ticket was sold in South Carolina.

Powerball is played in 44 states, plus Washington, D.C., the U.S Virgin Islands and Puerto Rico. The odds of winning the Powerball jackpot are one in 292.2 million.

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