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Powerball Jackpot Jumps to $1.8 Billion for Saturday in Second-Largest U.S. Lottery Prize

A record run of rollovers has pushed the annuitized prize higher ahead of Saturday’s 42nd drawing since the last win.

Overview

  • Lottery officials raised the advertised annuity to about $1.8 billion, with a one-time cash option estimated at $826.4 million before taxes.
  • Saturday’s draw marks the 42nd consecutive game without a jackpot winner since May 31, setting a Powerball record for the longest streak.
  • Wednesday’s numbers were 3, 16, 29, 61 and 69 with Powerball 22, producing more than 6.3 million winning tickets, including eleven $1 million and four $2 million prizes.
  • The odds of winning the jackpot remain about 1 in 292.2 million; tickets cost $2 and drawings occur Monday, Wednesday and Saturday nights.
  • A winner may choose 30 annual payments that rise 5% each year or the lump-sum cash value, with federal withholding and potential state taxes reducing the payout.