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Powerball Jackpot Swells Toward $1.4 Billion for Tonight’s Drawing

Monday's no-winner result set off a sharp acceleration in ticket sales.

Overview

  • Wednesday’s draw at 10:59 p.m. ET is the 41st since the last jackpot on May 31, one short of the 42-draw record.
  • Estimates now range from $1.30 billion to about $1.4 billion, with a cash option roughly $589 million to $634 million, both before taxes.
  • Monday’s numbers were 8, 23, 25, 40, 53 and Powerball 5; two $2 million tickets were sold in Montana and North Carolina and ten $1 million tickets across nine states.
  • Powerball pegs the jackpot odds at 1 in 292.2 million as sales spike, with one report citing a 175% jump versus the prior week’s Monday draw.
  • Any winner must choose between a 30-year annuity and a lump sum, with at least 24% federal withholding and potential total federal tax near 37% plus state taxes.