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Powerball jackpot nears $1 billion mark at estimated $950 million after no one won grand prize of roughly $850 million

The Powerball jackpot has soared to an estimated $950 million for Saturday's drawing, the sixth-largest in the game's history. This follows Wednesday's drawing, which had a jackpot of roughly $850 million, also unclaimed. Ticket sales have doubled recently. The cash value of Saturday's jackpot is approximately $428.9 million before taxes. A winner can choose a lump sum or an annuity with annual increasing payments. The odds of winning are 1 in 292.2 million. The largest Powerball jackpot was $2.04 billion in 2022.

Prepared by Christopher Adams and reviewed by editorial team.

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