Massive $120m Powerball Jackpot Up For Grabs In Australia

Updated On Feb 23, 2022 by Petar Markoski

Powerball AustraliaSummary

  • Powerball Jackpot reaches $120M for Feb 24 draw
  • More than half of Australia expected to buy a ticket
  • Single winner could result in biggest lottery win in AU history

Millions of Australians are patiently waiting for the Powerball Lottery jackpot to take place on Feb 24 as a massive $120 million jackpot is on the line.

More than half the population is expected to buy a Powerball ticket to see if they can end up as the lucky winner!

If there is just one winner and the jackpot is not shared, the lucky Powerball division one winner will become the nation’s biggest lottery winner ever.

Massive Powerball Ticket Sales

The $120 million jackpot is the second-biggest jackpot offered by any lottery, the first being the $150 million prize offered in September 2019. The latter was won by three people. The prize had increased after there were no winners for the last six consecutive Powerball draws. Hart said that the Powerball prize compelled Australians to think about how their fortunes could turn better if they won it.

Currently, Australia’s biggest lottery winner is a nurse from Sydney who walked away with more than $107 million in the 2019 draw. Ticket sales will close by 7.30 PM AEST on 24 February 2022, therefore, any participant willing to sign up could buy their ticket by then. The lottery draw will be held an hour after the entries closes. The results will be announced at 9 PM AEST. If there is no division one winner, the jackpot amount will rise further for next week’s Powerball draw.

 

Tips To Win The Powerball

Over 14 division one winners had the opportunity to win more than $550 million via Powerball payouts. Ten out of fourteen winning entries were QuickPick entries where their winning numbers were generated at random. Half of the division one winners in 2021 had earned their wins due to a PowerHit entry ticket that guaranteed the Powerball number to win division one.

If you are looking to win the Powerball, you should consider using either the QuickPick strategy or maybe try out for a PowerHit entry which is on the expensive side as one entry is around A$24 per ticket.

Division one winners require a Powerball and all the seven winning numbers on their ticket to avail prizes in a single game panel. Number 19 is the most drawn Powerball digit, while 17, 9, 11, 7, and 25 are the most frequently drawn from the main barrel.

Petar is the finance guru, if you need a good investment this is the guy you go to! Working majority of his days in the finance sector as trader, he has gathered plenty of insight on binary options and the forex markets

Comments are closed.