The Powerball® jackpot is now the sixth largest in the history of the game! The Powerball jackpot now stands at an estimated $760 million for the next drawing on Saturday night. The jackpot has a cash value of $382.5 million. The winning numbers in the Dec. 27 Powerball drawing were white balls 4, 11, 38, 51, 68 and red Powerball 5.
The Wednesday drawing produced more than 1.6 million winning tickets across the country, including a ticket in California that matched all five white balls to win a $1 million prize. One other ticket, sold in Texas, matched all five white balls and won $2 million prize by including the prize multiplier feature, Power Play®, for an additional $1 per play. Other big wins from Wednesday night include 34 tickets that won $50,000 prizes and eight tickets that won $150,000 prizes. *Note: In California, prize payout amounts are pari-mutuel and determined by sales and the number of winners.
This is the fourth Powerball jackpot to exceed $700 million this calendar year. The Powerball jackpot was previously won on Oct. 11 when a ticket in California won a $1.765 billion grand prize. Since then, there have been 33 consecutive drawings without a jackpot winner.
If a player wins the jackpot in Saturday’s drawing, they will have the choice between an annuitized prize worth an estimated $760 million or a lump sum payment estimated at $382.5 million. Both prize options are before taxes. If the winner selects the annuity option, they will receive one immediate payment followed by 29 annual payments that increase by 5-percent each year.
Powerball tickets are $2 per play. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. More than half of all proceeds from the sale of a Powerball ticket remain in the jurisdiction where the ticket was sold. Powerball drawings are broadcast live every Monday, Wednesday and Saturday at 10:59 p.m. EST from the Florida Lottery draw studio in Tallahassee. Powerball drawings are also live streamed on Powerball.com.
The overall odds of winning a prize are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million.
2023 Powerball Jackpots
- Feb. 6, 2023 - $754.6 million - WA
- March 4, 2023 - $162.2 million - VA
- April 19, 2023 - $252.6 million - OH
- July 19, 2023 - $1.08 billion - CA
- Oct. 11, 2023 - $1.765 billion - CA
Top 10 Powerball Jackpots
- $2.04 Billion – Nov. 7, 2022 – CA
- $1.765 Billion – Oct. 11, 2023 - CA
- $1.586 Billion – Jan. 13, 2016 – CA, FL, TN
- $1.08 Billion – July 19, 2023 – CA
- $768.4 Million – March 27, 2019 – WI
- $760 Million (est.) – Dec. 30, 2023
- $758.7 Million – Aug. 23, 2017 – MA
- $754.6 Million – Feb. 6, 2023 - WA
- $731.1 Million – Jan. 20, 2021 – MD
- $699.8 Million – Oct. 4, 2021 – CA