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No winner in US lottery draw, jackpot swells to $1.3 billion

The jackpot for the US Powerball lottery rose to a whopping $1.3 billion dollars on Sunday after organizers said there was no winner in the weekend draw. This has made the US multi-state lottery the world’s richest grand prize that could possibly go to a single ticket holder. According to the rules, the winner can choose to be paid the full jackpot in annual installments over 29 years or take a lower one-off payment in cash.

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