How does $543 Million under the Christmas tree this year sound? Well, that’s what tonight’s Powerball drawing could be worth to you if you have some serious high level luck. Tonight’s jackpot has an estimated cash value of $272.2 million.
It has been a year of BIG jackpots for Powerball! A total of five Powerball jackpots have been won in 2023, with three of the grand prizes ranking among the top-ten largest in the history of the game.
- Feb. 6, 2023 – $754.6 million – WA
- March 4, 2023 – $162.6 million – VA
- April 19, 2023 – $252.6 million – OH
- July 19, 2023 – $1.08 billion – CA
- Oct. 11, 2023 – $1.765 billion – CA
The Powerball jackpot has been rolling since it was last won on Oct. 11, 2023, by a single ticket in California that matched all five white balls and the red Powerball to win a grand prize worth $1.765 billion. Since then, there have been 27 consecutive drawings without a jackpot winner.
If a player wins the jackpot in Saturday’s drawing, they will have the choice between an annuitized prize worth an estimated $543 million or a lump sum payment estimated at $272.2 million. If the winner selects the annuity option, they’ll receive one immediate payment followed by 29 annual payments that increase by 5 percent each year.
Powerball tickets are $2 per play. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Powerball drawings are broadcast live every Monday, Wednesday and Saturday from the Florida Lottery draw studio in Tallahassee. Powerball drawings are also live streamed on Powerball.com.
The overall odds of winning a prize are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million.
