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Powerball Jackpot to Reach an Estimated $1 Billion

There was no winner in the latest Powerball jackpot drawing so the prize is now up to an estimated $1 billion. Wednesday’s drawing (July 19) would be the seventh highest in U.S. history and the third largest for Powerball.

The winner could have $1 billion paid out in yearly increments or a $516.8 million one-time lump sum before taxes.

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