The jackpot currently ranks as the 10th largest in Powerball history.
drawing has climbed to an estimated $725 million, among the largest in the game's history after Wednesday night's drawing produced no winning ticket.The $725 million prize is for winners who choose to take their riches through an annuity, paid annually over 29 years. Nearly all winners opt for cash, which is currently estimated at $345.7 million. The next drawing will be on Saturday, Sept. 23rd.matched all five white balls and the red Powerball to win a grand prize worth $1.08 billion.
Since then, there have been 27 consecutive drawings without a jackpot winner. The winless streak is due to the abysmal odds of winning: one in 292.2 million. The longer the game goes without a grand prize winner, the larger the payout will grow. And with huge jackpots becoming increasingly common in lottery drawings — with eight grand prizes between Powerball and Mega Millions surpassing $1 billion since 2016 — this latest Powerball streak could very likely become the ninth.
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