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Powerball Jackpot Raised to $1 Billion for Saturday Night Drawing

Officials increased the estimate after a 39-drawing rollover drove strong ticket sales nationwide.

Overview

  • Saturday’s drawing is set for 10:59 p.m. ET, broadcast live from the Florida Lottery studio in Tallahassee and streamed on Powerball.com, marking the sixth-largest Powerball prize.
  • Winners may choose a 30-year annuity with payments that rise 5% annually or a lump-sum cash option estimated at $453.1 million before taxes.
  • The odds of winning the jackpot are about 1 in 292.2 million; tickets cost $2 and are sold in 45 states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
  • No ticket has matched all six numbers since May 31; the streak has produced 62 million-dollar winners and 608 tickets worth $50,000 or more, including six $1 million-plus wins on Wednesday.
  • Separately in Europe, the Aug. 29 EuroMillions draw (06, 09, 10, 13, 37; Lucky Stars 01, 07) produced no winner of the £34 million jackpot.