The Jackpot of Powerball will be $1.73 Billion on Wed(10/11/2023)

There was no Jackpot winner for the powerball drawing on this Monday and the winning jackpot went up to $1.73 billion  in this Wed.(10/11/2023).

 

This is the 2nd highest in powerball jackpot history.

 

powerball jackpot 1.73 billion
powerball jackpot 1.73 billion

After no ticket matched all six numbers drawn on  Monday night (10/09/2023) – the white balls16,34,46,55,67 plus the powerball is 14– an estimated prize of $1.73 billion($756.6  million cash) is on tap for Wed., Oct 11th.

The Powerball® jackpot has eluded players again and has jumped to an estimated $1.73 billion for the  drawing on Wed, Oct 11. The jackpot has a cash value of $756.6  million.

 

 

The Powerball jackpot was previously hit in the July 19 drawing when a ticket in California won a prize worth $1.08 billion, the third-largest Powerball jackpot ever won. Since then, there have been 24 consecutive Powerball drawings without a jackpot winner.

The current jackpot run has produced nearly 16 million winning tickets across the country, including 25 tickets that have won $1 million prizes and eight tickets that have won $2 million prizes.

 

If a player wins the jackpot on Wed night, they will have the choice between an annuitized prize worth an estimated $1.73 billion or a lump sum payment estimated at $756.6  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% 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.

What is the largest Powerball jackpot ever?

Here are the five largest Powerball jackpots ever won:

  1. $2.04 billion from one winning ticket in California in November 2022
  2. $1.586 billion from three winning tickets in California, Florida and Tennessee in January 2016
  3. $1.08 billion from one winning ticket in California in July 2023
  4. $768.4 million from one winning ticket in Wisconsin in March 2019
  5. $758.7 million from one winning ticket in Massachusetts in August 2017

 

2023 Powerball Jackpots

  • Feb. 6, 2023 – $754.6 million – Washington
  • March 4, 2023 – $162.6 million – Virginia
  • April 19, 2023 – $252.6 million – Ohio
  • July 19, 2023 – $1.08 billion – California