$687.8 Million – Oct.The Powerball® jackpot has reached the half billion dollar mark for the third time this year! The jackpot has grown to an estimated $500 million ($242.4 million cash value) for the next drawing on Saturday, Sept.

The odds of winning the jackpot are 1 in 292.2 million. The overall odds of winning a prize are 1 in 24.9.

Powerball drawings are also live streamed on. EST from the Florida Lottery draw studio in Tallahassee. Powerball drawings are broadcast live every Monday, Wednesday and Saturday at 10:59 p.m.

More than half of all proceeds from the sale of a Powerball ticket remain in the jurisdiction where the ticket was sold. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. If the winner selects the annuity option, they will receive one immediate payment followed by 29 annual payments that increase by 5% each year. If a player wins the jackpot on Monday night, they will have the choice between an annuitized prize worth an estimated $785 million or a lump sum payment estimated at $367 million. Since then, there have been 28 consecutive drawings without a grand prize winner. The Powerball jackpot was previously won on July 19, when a ticket in California matched all five white balls and the red Powerball® to win a $1.08 billion jackpot. Note: In California, prize payout amounts are pari-mutuel and determined by sales and the number of winners. Other big wins from Saturday night include 30 tickets that won $50,000 prizes and nine tickets that won $100,000 prizes. One ticket in Michigan matched all five white balls and doubled the $1 million prize to $2 million by including the prize multiplier feature, Power Play®, for an additional $1 per play. The Saturday drawing produced more than 1.5 million winning tickets across the country, including three tickets (California, Florida, New York) that matched all five white balls to win $1 million prizes. The Powerball jackpot rolled Saturday night after no ticket matched all six numbers drawn – white balls 1, 12, 20, 33, 66 and red Powerball 21. The jackpot currently ranks as the game’s fourth-largest prize – only behind three grand prizes that reached the billion-dollar mark:

The jackpot has a cash value of $367 million. The Powerball jackpot now stands at an estimated $785 million for the next drawing on Monday night. Players will have a chance to play for the fourth-largest Powerball® jackpot next week.

Current jackpot for the powerball