Powerball Jackpot Reaches $1 Billion for Upcoming Drawing
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Powerball Jackpot Reaches $1 Billion for Upcoming Drawing

Summary

The Powerball jackpot has climbed to an estimated $1 billion for the upcoming Saturday drawing, marking the seventh-largest prize in the game's history.

The Powerball jackpot has climbed to an estimated $1 billion for the upcoming Saturday drawing, marking the seventh-largest prize in the game's history.

The jackpot has been growing since the last win on September 6, when two tickets in Missouri and Texas split a $1.787 billion prize.

In the most recent drawing on Wednesday, no ticket matched all six numbers drawn: white balls 10, 16, 29, 33, 69, and the red Powerball 22.

Three tickets sold in Maryland, Michigan, and New Jersey matched all five white balls to win $1 million prizes.

If a player wins Saturday's jackpot, they will have the choice between an annuitized prize estimated at $1 billion or a lump sum payment estimated at $461.3 million, both before taxes.

The odds of winning the jackpot are 1 in 292.2 million.

Powerball tickets are sold in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Drawings are held every Monday, Wednesday, and Saturday at 10:59 p.m. ET.

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