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2h ago

Powerball Jackpot Reaches $750 Million for Monday Night Drawing

The winner would pick between a $750 million annuity or an estimated $338.6 million cash payout before taxes.

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A customer purchases a Powerball lottery ticket at the Brew Market & Cafe on October 10, 2023 in Austin, Texas. The Powerball jackpot has grown to over $1.7 billion, making it the second largest jackpot in history. (Photo by Brandon Bell/Getty Images)
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Overview

  • The prize is the 10th-largest in Powerball history after no ticket matched all six numbers on Saturday.
  • The drawing is scheduled for just before 11 p.m. Monday.
  • This will be the 37th drawing since the jackpot was last won on May 31 in California.
  • The annuity pays one immediate sum followed by 29 annual payments that rise 5% each year.
  • Jackpot odds are about 1 in 292 million, with overall odds of any prize about 1 in 24.9; $2 tickets are sold in 45 states plus D.C., Puerto Rico and the U.S. Virgin Islands, and the game has generated over $36 billion for public programs.