![]() The handful of lucky people who have won are spending big bucks - some more cautiously than others. The biggest Powerball jackpot to date was a $2.04 billion prize, won in California in November 2022. Of course, the low odds don't stop people from playing - after all, who hasn't thought about what they'd spend their winnings on? Americans spent $107.9 billion on lottery tickets in the 2022 fiscal year, according to the North American Association of State and Provincial Lotteries. The chances of winning a Powerball grand prize are about 1 in 292 million, and about 1 in 302 million for a Mega Millions grand prize. You're more likely to be struck by lightning twice in your lifetime, with odds of about 1 in 234 million, than win a lottery jackpot even once. It's common knowledge that the odds of winning big in the lottery are incredibly low. ![]() Account icon An icon in the shape of a person's head and shoulders. ![]()
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