Finance
Powerball jackpot climbs to $750M, 6th largest in history
The Powerball lottery jackpot swelled to $750 million ahead of Wednesday’s drawing, the sixth-largest drawing in history after months of no winners.
The cash portion, if there is one lucky winner, $378.8 million after taxes, according to Powerball officials.
The winning numbers were 23, 35, 45, 66, 67 and a Powerball of 20.
If somebody wins Wednesday night jackpot, the lucky winner has the option to either collect their winnings in annual installments or receive a lump sum cash payment of $378.8 million before taxes, according to Powerball.
If a winner opts for the annuity, they would receive an initial payment, followed by 29 annual payments that increase by 5% each year.
MEGA MILLIONS SOARS TO $500 MILLION, AFTER 3 MONTHS OF NO WINNERS
The last Powerball jackpot was won on April 19 when a ticket in Ohio matched all five white balls and the red Powerball to win a prize worth $252.6 million.
In November 2022, a single ticket sold in California won the largest Powerball jackpot on record, worth $2.04 billion, after matching all six numbers.
Here are the 10 largest Powerball jackpots to date
- $2.04 billion – Nov. 7, 2022
- $1.586 billion – Jan. 13, 2016
- $768.4 million – March 27, 2019
- $758.7 million – Aug. 23, 2017
- $754.6 million – Feb. 6, 2023
- $731.1 million – Jan. 20, 2021
- $725 million (est.) – July 12, 2023
- $699.8 million – Oct. 4, 2021
- $687.8 million – Oct. 27, 2018
- $632.6 million – Jan. 5, 2022
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The odds of hitting the grand prize jackpot are 1 in 292.2 million.
Powerball tickets cost $2 per play. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. The deadline for purchasing a ticket is 9:45 p.m. on draw nights.
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