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Powerball Jackpot Raised to $1.8 Billion for Saturday, Now Second-Largest in U.S. History

Lottery officials raised the estimate Friday on stronger sales, marking a record 42 straight drawings without a jackpot winner.

Overview

  • Saturday’s annuitized prize is estimated at $1.8 billion, with a cash option of about $826.4 million before taxes.
  • Wednesday’s numbers were 3, 16, 29, 61, 69 and Powerball 22, and no ticket matched all six numbers.
  • More than 6.3 million tickets won smaller prizes in the latest drawing, including eleven $1 million winners and four $2 million winners.
  • A jackpot winner can choose a 30-year annuity with 5% annual increases or a one-time lump-sum payment, both subject to federal and potential state taxes.
  • The odds of winning the jackpot are 1 in 292.2 million; tickets cost $2 and are sold in 45 states plus D.C., Puerto Rico and the U.S. Virgin Islands, with drawings held Monday, Wednesday and Saturday.