SuperTalk Mississippi

Powerball jackpot increased to $850M for Wednesday’s drawing

Photo courtesy of Powerball/website

The Powerball jackpot has been increased for a second time ahead of Wednesday night’s drawing, with the new grand prize totaling $850 million.

The jackpot was first raised to $835 million following Monday’s drawing after no player matched white balls 10, 12, 22, 36, 50, and red Powerball 4.

Monday’s drawing produced more than 1.2 million winning tickets across the country, including three in Florida and one in Oregon that matched all five white balls to win $1 million prizes.

Other big wins from Monday night include 32 tickets that won $50,000 prizes and six tickets that won $100,000 prizes.

Since then, the prize has been increased by $15 million, taking the ranking of the second-largest jackpot this year and the fourth-largest jackpot in Powerball history.

The last record-breaking Powerball jackpot was won in California on July 19, with the overall prize totaling $1.08 billion — the game’s third jackpot to ever reach the billion-dollar mark. A few months prior, a $754.6 million jackpot was won in Washington on February 6.

The upcoming drawing on Wednesday night will be the 30th in the current jackpot run following the last hit in July.

If a player wins the jackpot on Wednesday, they will have the choice between an annuitized prize worth an estimated $850 million or a lump sum payment estimated at $397.4 million.

The odds of winning the jackpot are one in 292.2 million.

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