Why lottery jackpots keep rolling over: the odds behind record Powerball, Mega Millions and EuroMillions prizes

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On 7 November 2022, a single ticket sold in Altadena, California, won a Powerball jackpot of $2.04 billion, still the largest lottery prize ever paid. It had taken months of draws without a winner to get there, and the reason lies in a single number: the odds of matching all six Powerball numbers are 1 in 292,201,338. With odds that long, most draws end with nobody hitting the top prize, and the money rolls into…