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Powerball Jackpot Reaches Record-Breaking $1 Billion After No Winning Tickets Sold for Monday Night’s Drawing

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Key takeaways:

  • The Powerball jackpot rose to an estimated $1 billion after no winning ticket was sold for the latest drawing.
  • Three people won $2 million after matching all five numbers plus the Power Play.
  • The cash value for Wednesday night’s pot of gold would be roughly $516.8 million as things stand now.

Lottery officials announced that no winning tickets were sold for Monday night’s $922 million Powerball jackpot, meaning the grand prize for Wednesday night’s drawing will now be an estimated $1 billion. This would be the third-largest Powerball jackpot in history and seventh-highest in U.S. lottery history, trailing only the world record $2.04 billion.

The Powerball jackpot rose yet again to an estimated $1 billion after no winning ticket was sold for the latest drawing. Ticket buyers have a chance at $1 billion paid out in yearly increments or a $516.8 million one-time lump sum before taxes.

Three people won $2 million after matching all five numbers plus the Power Play, lottery officials said. The numbers drawn Tuesday night were 5, 8, 9, 17, 41 and a Powerball of 21.

The cash value for Wednesday night’s pot of gold would be roughly $516.8 million as things stand now. Lottery officials are expecting ticket sales to surge ahead of the drawing, which could push the jackpot even higher.

The Powerball drawing will take place Wednesday night at 10:59 p.m. ET. Players must purchase their tickets by 9:59 p.m. ET on Wednesday to be eligible for the drawing.

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