The Powerball jackpot has ballooned to an estimated $653 million, with a cash value of $350.3 million. The next drawing will take place on Wednesday evening.
The cash option value is $350.3 million. The next drawing is slated for Wednesday at 10:59 p.m. ET. The odds of winning a prize are 1 in 24.9, and the
are 1 in 292.2 million. The jackpot was last won on Nov. 19, when a ticket in Kansas matched all five white balls and the red Powerball. That player clinched a $92.9 million jackpot.People lined up to play Powerball lottery at a 7-Eleven store in Milpitas, California, United States, on Nov. 7, 2022.There were seven Powerball jackpots won last year, including the world record $2.04 billion jackpot that was hit by a single ticket in California on Nov. 7.
CALIFORNIA, USA - NOVEMBER 7: A woman checks her Powerball lottery tickets at a 7-Eleven store in Milpitas, California, United States on November 7, 2022.Jackpot winners can either select their prize as an annuity or a lump-sum payment. If the annuity option is selected, the winner is guaranteed to receive 30 graduated payments over 29 years.The game is played on Monday, Wednesday and Saturday in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
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