The Powerball lottery jackpot has surged to an estimated worth of $875 million as no winning tickets were sold for the most recent drawing.
Wednesday’s drawing, which boasted a jackpot of $750 million, yielded no tickets that matched the white ball numbers 23, 35, 45, 66, 67 and the red Powerball number 20.
This rising jackpot for the drawing scheduled on Saturday is positioned as the third highest in the history of Powerball. Lottery participants stand a chance to win either the $875 million prize, which will be paid out in annual increments, or opt for a one-time lump sum of $441.9 million before taxes.
The considerable odds of winning the Powerball, which stand at 1 in 292.2 million, are intentionally designed to generate massive prizes that attract more players. The most substantial Powerball jackpot ever recorded was a staggering $2.04 billion last November.
The previous instance of a Powerball jackpot win dates back to April 19, where the grand prize was a considerable $253 million. Notably, there have been no jackpot winners in the subsequent 36 drawings.
The Powerball lottery is available for participation across 45 states, as well as Washington, D.C., Puerto Rico, and the U.S. Virgin Islands.
