Powerball Jackpot Nears $800 Million for Wednesday’s Drawing

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Powerball Jackpot Nears $800 Million for Wednesday’s Drawing

The Powerball jackpot is nearing an impressive $800 million for the upcoming drawing this Wednesday. Currently sitting at $775 million, this prize ranks among the top ten largest Powerball jackpots in history.

Recent Jackpot History

This surge in the jackpot follows a significant gap since the last win. The previous jackpot of $1.787 billion was awarded in September 2025, shared by two winning tickets from Missouri and Texas.

Winning Odds and Ticket Information

The odds of winning the Powerball remain steep at 1 in over 292 million. To participate, players must buy a $2 ticket. They select five white numbers ranging from 1 to 69 and one red Powerball number from 1 to 26.

  • Players must match all five white numbers in any order.
  • The winning ticket must also match the single red Powerball.

Upon winning, players have the option to receive their prize as a lump sum or through 30 graduated payments over 29 years. After tax, the cash value of the grand jackpot stands at $362.5 million.

Charitable Impact of Powerball

Since its inception in 1992, Powerball has generated approximately $36 billion for charitable causes. This aspect highlights the broader impact of the lottery beyond individual winnings.

Drawing Schedule

Powerball drawings are held thrice a week on Monday, Wednesday, and Saturday at 10:59 PM ET. The draws take place at the Florida Lottery draw studio located in Tallahassee.

Players can catch the live proceedings of the drawings through various broadcast options.

Top Ten Powerball Jackpots

Here are the ten largest Powerball jackpots to date:

Rank Jackpot Amount Date Winning States
1 $2.04 Billion Nov. 7, 2022 California
2 $1.787 Billion Sept. 6, 2025 Missouri, Texas
3 $1.765 Billion Oct. 11, 2023 California
4 $1.586 Billion Jan. 13, 2016 California, Florida, Tennessee
5 $1.326 Billion April 6, 2024 Oregon
6 $1.08 Billion July 19, 2023 California
7 $842.4 Million Jan. 1, 2024 Michigan
8 $768.4 Million March 27, 2019 Wisconsin
9 $758.7 Million Aug. 23, 2017 Massachusetts
10 $754.6 Million Feb. 6, 2023 Washington

With the jackpot approaching $800 million, excitement is building among potential players. Now is the time to consider a chance at life-altering winnings.