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Powerball jackpot surges to $1.25 billion ahead of Wednesday’s drawing

powerball-jackpot-surges-to-$1.25-billion-ahead-of-wednesday’s-drawing

Powerball jackpot surges to $1.25 billion ahead of Wednesday’s drawing

Purchased Powerball tickets ((Photo by Lori Van Buren/Albany Times Union via Getty Images)

(NEW YORK) — A $1.25 billion Powerball jackpot prize is up for grabs Wednesday night, with a cash value of $572.1 million, after no winners were selected Monday.

This is the game’s sixth largest prize ever, according to Powerball. The largest prize ever was $2.04 billion won on Nov. 7, 2022.

The Powerball jackpot last rolled Monday night, when no ticket matched the five white balls — 23, 35, 59, 63, 68 — and red Powerball 2.

The Powerball jackpot was last hit on Sept. 6 by two tickets in Missouri and Texas that split a $1.787 billion prize. There have been 43 consecutive drawings with no jackpot wins.

If a player wins on Wednesday night, they will have the choice between annual payments worth an estimated $1.25 billion or an immediate $572.1 million lump sum payment.

According to Powerball, the odds of winning the jackpot are 1 in 292.2 million.

The drawing will be held just before 11 p.m. ET in the Florida Lottery draw studio in Tallahassee.

Powerball tickets are $2 per play.

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