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Record-breaking Powerball jackpot rises to $925M

Photo courtesy of Powerball/website

The Powerball jackpot has skyrocketed to an estimated $925 million with a cash value of $432.4 million for the next drawing on Saturday.

The jackpot rolled Wednesday night after no ticket matched all six numbers drawn – white balls 1, 7, 46, 47, 63, and red Powerball 7 with a PowerPlay multiplier of three.

Wednesday’s drawing produced more than 1.8 million winning tickets across the country, including four tickets in CA, KS, MD, and NY that matched all five white balls to win $1 million prizes.

Other big wins from Wednesday night include 39 tickets that won $50,000 prizes and five tickets that won $150,000 prizes.

Now, the prize is ranked as the game’s 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 Saturday night will be the 31th in the current jackpot run following the last hit in July.

If a player wins the jackpot on Saturday, they will have the choice between an annuitized prize worth an estimated $925 million or a lump sum payment estimated at $432.4 million.

At this time, the odds of winning the jackpot are one in 292.2 million.

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