All articles tagged with #wednesday drawing
Powerball’s next drawing has a $1 billion jackpot with a cash option around $433.1 million before taxes, as ticket sales jumped about 86% versus the previous Monday—driven by the enormous prize. Tickets cost $2 and are sold in 45 states and several territories, with proceeds supporting public programs in the jurisdictions where purchased.
Powerball has surged to an estimated $1 billion for tonight’s drawing—the first billion-dollar Powerball jackpot since last year’s $1.8 billion win—marking the 44th straight draw in the current jackpot run and the eighth-largest in Powerball history. If won, the prize can be taken as an annuity of about $1 billion paid over 29 years (30 graduated payments) or a lump sum of roughly $433.1 million before taxes. Some states don’t tax lottery winnings, and many winners choose the lump sum. Monday’s drawing produced no grand prize winner, but a Tennessee ticket won $2 million with Power Play, and California and Maryland hit $1 million Match 5 prizes. The odds of winning the jackpot are about 1 in 292.2 million. Drawings occur Monday, Wednesday, and Saturday at 10:59 p.m. ET.
There were no winning tickets for Monday’s $905 million Powerball prize, so the next drawing on Wednesday is expected to reach at least $975 million (roughly $422 million cash value). The odds of winning the grand prize are 1 in 292,201,338, and a $1B-plus jackpot would be historic for Powerball. Monday’s numbers were 6, 37, 54, 55, 64 with Powerball 10, and the largest Powerball jackpot to date was $2.04 billion in 2022.