The Powerball jackpot has climbed to an estimated $1.2 billion ahead of Wednesday’s drawing, making it the third-largest jackpot in Powerball history. If won, the lucky player will have the option to claim a $551.7 million cash prize, before tax.
How to play Powerball
To play Powerball, players must choose five numbers from 1 to 69 and one red Powerball number from 1 to 26. Players can choose their own numbers or have them randomly generated. Tickets cost $2 per play.
Odds of winning Powerball
The odds of winning the Powerball jackpot are 1 in 292.2 million. However, the odds of winning any prize are 1 in 24.9.
Biggest Powerball jackpots
The largest Powerball jackpot ever was $2.04 billion, won in November 2022 in California. The second-largest jackpot was $1.586 billion, won in January 2016.
What to do if you win the Powerball jackpot
If you win the Powerball jackpot, you should sign the back of your ticket immediately and put it in a safe place. You should also contact a financial advisor to help you manage your winnings.
Tips for responsible gambling
- Only play with money that you can afford to lose.
- Set a budget for gambling and stick to it.
- Take breaks from gambling regularly.
- If you think you may have a gambling problem, seek help from a professional.
Conclusion
The Powerball jackpot is at an all-time high, but it’s important to remember that the odds of winning are very slim. If you do choose to play, please gamble responsibly.