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DES MOINES, Iowa (AP) — Perplexed that it seems no one can win the gigantic $1.5 billion Powerball prize?
A big reason is that people aren’t buying as many tickets for each drawing as they did five or six years ago. When fewer people buy tickets, a smaller percentage of the millions of possible number combinations are covered and the likelihood of a winner drops.
The next drawing will be held Saturday night. Of course, many people still are playing Powerball.
It’s ticket sales from those players that fund the prizes and enabled the jackpot to soar by $300 million after there wasn’t a big winner Wednesday night.
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