Overview

• The Powerball jackpot has risen to $620 million, making it the 19th biggest in lottery history and the 12th biggest Powerball jackpot ever.
• No winning tickets were picked in the recent drawing, but three ticket holders in Kentucky, Colorado and Virginia won $2 million prizes, and two players in Kentucky and Rhode Island won $1 million prizes.
• The winner of the jackpot can choose to take their winnings in 30 annual installments, or as a cash lump sum of $310.8 million, which would be further reduced after federal taxes.
• Depending on the winner's taxable income and tax deductions, the prize could be reduced to as low as $195.8 million after taxes.
• The next Powerball drawing is on Saturday at 10:59 p.m. ET.