The projected vote total marks a record high number of ballots cast in a presidential election and the highest voter turnout rate among eligible citizens since 1900.
President Trump claimed victory even though millions of legitimate votes had yet to be counted and races in half a dozen swing states still had not been called.
Frank Luntz told CNBC on Wednesday that the president "must win Pennsylvania if he's to get to 270," the number of electoral votes needed to win the presidency.
The comments by former Trump advisor Steve Bannon come as he is free on bond in a criminal case where he is acused of defrauding donors to a non-profit group.
The coming Georgia Senate runoff between GOP Sen. Kelly Loeffler and Democratic challenger Raphael Warnock is shaping up to cost tens of millions of dollars.
Mike Bloomberg spent more than $100 million in states that Joe Biden is on track to lose. That could impact his status as a marquee kingmaker for Democrats.