Second Largest Powerball Jackpot to be Drawn Saturday

Second Largest Powerball Jackpot to be Drawn Saturday

At an estimated $800 million jackpot, the Powerball is officially the fifth-largest lottery in U.S. history. 

The previous Powerball jackpot on Wednesday was the 36th time in a row that the lottery had no winners. The Wednesday jackpot was around $700 million, the biggest it has been all year. 

The next drawing will be held on Saturday night, with at least an $800 million jackpot. The number can increase depending on ticket sales. 

In 2016, the largest jackpot ever won worldwide was a Powerball, at an astonishing $1.586 billion. Three separate ticketholders shared the winnings. 

Powerball jackpot winners can get their prize in a lump sum, which would amount to around $383.7 million in cash value if someone wins Saturday, or as an annuity. The second option pays out the total jackpot amount over about 30 years. 

The odds of winning the jackpot are one in 292.2 million. Powerball tickets cost $2 each and are sold in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.

Powerball drawings take place every Monday, Wednesday, and Saturday at 10:59 p.m. ET and are live-streamed at

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