Updated Nov 11, 2022 - Economy

Cash in on losing Powerball tickets with this lottery deal

A cashier holds Powerball lottery tickets

Have you checked your Powerball tickets from the Nov. 7 jackpot drawing yet? Photo: Tayfun Coskun/Anadolu Agency via Getty Images

Some unlucky Powerball players can cash in on their losing lottery tickets from the record $2.04 billion jackpot with a limited JCPenney offer.

Driving the news: While lottery fever has waned after a single winning ticket won the world-record jackpot, the department store chain announced on Instagram Thursday that it is giving away 20,000 coupons worth $400,000 combined.

Yes, but: The $20 off $20 coupons are limited to the first 20,000 people to send JCPenney a direct message on Twitter, Facebook or Instagram with a photo of a lottery ticket bought in November 2022 and their email address.

Details: Photos of lottery tickets need to be sent before Saturday’s Powerball drawing at 10:59pm ET.

  • The first 20,000 participants will get the $20 off $20 coupon and can redeem it Wednesday, which JCPenney has changed from Monday, the retailer told Axios.
  • The coupons can be used online and in stores including on early Black Friday deals, which is rare for JCPenney offers that usually exclude specials.

Flashback: JCPenney isn't the first business to launch a deal around losing lottery tickets.

  • In 2018, Villa Italian Kitchen gave free pizza and 7-Eleven gave free coffee for losing Mega Millions tickets.
  • The January 2018 $1.586 billion Mega Millions jackpot was the previous world record lottery jackpot.

JCPenney Black Friday coupon lottery and contest

State of play: JCPenney is bringing back its popular Black Friday promotion with a coupon giveaway for early shoppers.

  • Stores will be closed on Thanksgiving for the third year in a row.
  • It's the first Black Friday since the pandemic that JCPenney will have the giveaway.
  • The department store chain also has a "We Got Your Cart" sweepstakes through Jan. 2 with a chance to win one of 500 vouchers in drawings that are worth up to $500.

Winning Powerball ticket for record jackpot

The winning Powerball ticket was sold at Joe’s Service Center in Altadena, northeast of Los Angeles, AP reported.

  • Business owner Joe Chahayed will receive a maximum Powerball bonus of $1 million for selling the winning ticket.

Powerball prize amounts for matching numbers

By the numbers: Here are the prize amounts for matching numbers with and without the Powerball for all drawings:

  • Powerball: $4
  • One number and Powerball: $4
  • Two numbers and Powerball: $7
  • Three numbers: $7
  • Three numbers plus Powerball: $100
  • Four numbers: $100
  • Four numbers plus Powerball: $50,000
  • Five numbers: $1 million
  • Five numbers plus Powerball: Jackpot

Meanwhile, prize amounts are higher for players spending $1 extra for Power Play.

Editor's note: This story was updated with additional information and a change from JCPenney about sending an email address with the photo of the lottery ticket, as well as the date the coupon can be used.

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