Sign in to comment!



Big-ticket spenders: More Powerball players blase about small payouts, seek huge jackpots only

The allure of capturing the $425 million Powerball jackpot has players in a buying frenzy, further confirming that Powerball players often don't get into the game until the jackpot offers big bucks.

A recent game change increased the frequency of huge jackpots, and Wednesday's third largest-ever jackpot comes only a few months after the biggest Powerball jackpot in history — a $590 million pot won in Florida.

Lottery officials acknowledge smaller jackpots don't create the buzz they once did, and there's a bit of jackpot fatigue.

But when jackpots swell, people still line up for their chance at a life-changing payoff, even though the odds of winning the top prize are the same if there is a small jackpot.

The next drawing is scheduled for Wednesday night.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 3.92% -- 3.92%  
15 Y Fixed Graph 2.99% up 2.98%  
30 Y Fixed Jumbo Graph 4.31% up 4.24%  
5/1 ARM Graph 3.26% up 3.12%  
5/1 Jumbo ARM Graph 3.84% dw 3.85%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.68% up 4.62%  
$50K HELOC Graph 4.10% up 4.04%  
$30K Loan Graph 4.47% dw 4.48%  
$50K Loan Graph 4.12% up 4.11%  
$75K Loan Graph 4.12% up 4.11%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.99% dw 3.23%  
36 M Used Graph 3.18% dw 3.33%  
48 M New Graph 3.22% dw 3.32%  
48 M Used Graph 2.72% dw 2.90%  
60 M New Graph 3.33% up 3.31%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.35% up 0.34%  
1 yr Graph 0.62% -- 0.62%  
5 yr Graph 1.41% up 1.39%