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Analyst’s Disclosure: I/we have a beneficial long position in the shares of XEL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

NEW YORK — No ticket matched all six numbers in Saturday’s Powerball drawing, leaving the jackpot to reset at an estimated $20 million for the next draw as players across the country checked their tickets against the winning combination of 25, 37, 42, 52 and 65, with Powerball 14 and a Power Play multiplier of 3X. The drawing, held at 10:59 p.m. ET on May 2, 2026, followed a $143 million jackpot shared by winners in Indiana and Kansas on April 29.

The absence of a grand-prize winner means the annuity option starts at $20 million, with the cash value approximately $9 million. Powerball officials confirmed the results shortly after the live drawing, which is broadcast nationwide and available for verification on state lottery websites. Players have one year from the drawing date to claim any prizes, depending on state rules.

Saturday’s numbers continued a pattern of moderate jackpots following larger wins. The previous drawing on April 29 produced two jackpot-winning tickets, splitting the $143 million prize. That windfall reset expectations for May 2, drawing millions of hopeful players seeking to claim the next big payout. Odds of hitting the jackpot remain approximately 1 in 292 million, underscoring the game’s long-shot nature.

Lower-tier prizes offered more accessible wins. Matching five white balls without the Powerball paid $1 million, with the Power Play multiplier boosting some prizes to $2 million. Thousands of players won smaller amounts ranging from $4 to several thousand dollars by matching fewer numbers. Exact prize payouts and winner counts will be updated by individual state lotteries in the coming days.

Powerball, administered by the Multi-State Lottery Association, continues to generate billions in revenue annually for participating states, funding education, infrastructure and other public programs. Saturday’s drawing contributed to that total as ticket sales surged ahead of the weekend. The game’s popularity persists despite slim odds, fueled by dreams of life-changing wealth and the thrill of anticipation.

For players in states like Florida, California and New York, local lottery sites provided immediate result checks. No major winner claims were reported immediately after the drawing, consistent with typical patterns where larger prizes require verification and public announcement. Past winners have ranged from everyday workers to groups pooling resources for bigger odds.

The reset to $20 million sets the stage for a potential rollover streak if the next several drawings fail to produce a winner. Analysts note that moderate jackpots often build excitement steadily, leading to larger sales as the prize climbs. Powerball drawings occur Monday, Wednesday and Saturday, giving players regular opportunities to participate.

Experts advise responsible play. Lottery officials emphasize that Powerball is entertainment, not investment, with the vast majority of players never winning significant prizes. Tips for participants include setting a budget, avoiding chasing losses and treating any win as a bonus rather than expected income. Financial advisers recommend consulting professionals for large prizes to navigate taxes and long-term planning.

Saturday’s results come amid broader discussions about lottery modernization. Some states have explored digital innovations, expanded prize structures and responsible-gaming initiatives. Powerball’s core format — five white balls from 1 to 69 and one red Powerball from 1 to 26 — remains unchanged, providing familiarity while Power Play adds multiplier excitement.

Community impact from lottery proceeds remains significant. Funds support scholarships, veterans’ programs, environmental projects and more across participating jurisdictions. While critics question the regressive nature of lottery participation, supporters highlight voluntary contributions and public benefits derived from ticket sales.

As players scan tickets from Saturday’s drawing, attention shifts to the next opportunity on Monday. The $20 million starting point offers a fresh beginning after the recent shared jackpot. Whether the prize rolls over or produces another winner, Powerball continues captivating audiences with its blend of chance and hope.

For official verification, players should consult state lottery websites or authorized retailers. Results are also available through the Powerball app and national broadcasting partners. Those holding winning tickets are encouraged to sign the back, secure the ticket and contact their state lottery for claim instructions.

The May 2 drawing serves as a reminder of the game’s unpredictability. While no one claimed the top prize this time, smaller winners across the country celebrated modest victories that can still provide meaningful boosts. As the jackpot builds again, millions will dream of what they might do with a life-altering sum.

Powerball’s enduring appeal lies in its simplicity and the universal desire for financial freedom. Saturday’s results, while disappointing for jackpot hopefuls, keep the excitement alive for the next draw. Players are already preparing strategies and selecting numbers, hoping fortune smiles on them in the coming week.

This article was written by

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of CSTM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Americans shopping for smartphones, laptops or even home appliances may soon start feeling the effects of the Iran conflict – not just at the gas pump, but at the checkout screen.

A disruption to an essential component in electronics – printed circuit boards (PCBs) – is driving up costs across the tech industry, increasing the likelihood that consumers will face higher prices and fewer deals in the months ahead.

Prices for circuit boards have already surged, jumping as much as 40% in April alone, according to Goldman Sachs. At the same time, other key inputs like copper foil – one of the largest cost components in PCBs – have climbed as much as 30% this year.

The ongoing war with Iran has disrupted supplies of key raw materials used to produce PCBs, which function as the “nervous system” inside nearly every electronic device, from smartphones and computers to cars and AI servers.

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An engineer tests the quality of chips for the electronic control unit (ECU) steering controller at a workshop on March 5, 2026. (Lyu Bin/VCG via Getty Images)

At the center of the disruption is an Iranian strike on Saudi Arabia’s Jubail petrochemical complex in early April, which halted production of a critical resin used in circuit boards and tightened global supply, according to analysts. Shipping routes in and out of the Gulf have also been disrupted, compounding delays and shortages.

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Manufacturers are now scrambling to secure materials, with lead times for some chemicals stretching from just three weeks to as long as 15 weeks, according to industry sources. The pressure is cascading through the broader tech supply chain.

“It is not just PCBs,” said Ben Bajarin, CEO of Creative Strategies. “Memory, storage and wafer costs are all increasing the bill of materials for devices.”

Buildings left in ruins from Israeli/U.S. airstrikes on April 4, 2026, in southern Tehran, Iran. (Majid Saeedi/Getty Images)

Companies are trying to offset those increases by negotiating supply contracts and absorbing some of the costs – but only to a point.

Experts say shoppers won’t see price hikes immediately, but they are coming.

“For the average consumer shopping at Best Buy or Amazon, the pass-through won’t happen overnight,” said Galen Zeng, a semiconductor supply chain analyst at IDC. “But expect it to materialize within the next few months.”

Prices for circuit boards have already surged, jumping as much as 40% in April alone, according to Goldman Sachs. (iStock)

Dan Ives, an analyst at Wedbush Securities, said the impact will likely become more visible later this year.

“There will be a lag and much of these costs will be absorbed in the supply chain,” Ives said. “Summer and Fall timeframe could see prices rise.”

That timing could coincide with key retail periods, including back-to-school shopping and the early holiday buying season, when demand for electronics typically accelerates.

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Data from the Institute for Supply Management suggests companies typically pass through at least part of cost increases to customers, even if they absorb some of the impact through margins, according to ISM Manufacturing PMI Chair Susan Spence.

While some analysts believe companies will absorb costs in the short term, others warn the price increases could stick.

“This is a structural, multi-year upcycle driven by AI demand – not a temporary spike,” Zeng said. “The cost floor for advanced electronics is shifting upward.”

AMD AI chip showcased at an exhibition in Hangzhou, Zhejiang Province, China. (CFOTO/Future Publishing via Getty Images)

Demand for AI infrastructure is already competing with consumer electronics for limited supply of key components, squeezing availability and driving up prices across the board. Even before the Middle East conflict, PCB demand had been rising rapidly due to AI server growth, further tightening supply.

Beyond higher prices, consumers may also face limited availability of certain devices.

“As supplies are redirected toward AI and high-performance computing, consumer electronics manufacturers are left competing for a shrinking pool,” Zeng said.

The result could be delays or “out of stock” issues for some products, especially if supply disruptions persist.

Ives said shortages are not guaranteed but remain a risk.

“If it stays at the current rate, we can see shortages into the Fall on certain products,” he said.

Historically, supply chain shocks don’t translate one-to-one into retail price increases, but they rarely disappear entirely.

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That suggests consumers are unlikely to escape the impact altogether.

The disruption may start deep in the global supply chain, but its effects are likely to show up in familiar places: higher price tags, fewer discounts and tighter inventory for everyday tech products.

And with demand for electronics continuing to surge, relief may not come quickly.

Reuters contributed to this report.