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Why is the Powerball prize at a record? Thank Fed Chairman Jerome Powell

Por: ABC7 World November 05, 2022

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The current annuity prize is beating the record set in January 2016 when three winners split a prize advertised at $1.586 billion. Each took their share of the cash value, which added up to $983.5 million, $200 million more than cash prize in Saturday's record drawing.That advertised then-record annuity prize was 61% greater than the cash prize. This time, the estimated annuity prize is 104% greater than the cash prize. If it was the same... + full article



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