Powerball Jackpot Reaches Record High of $747 Million for Monday’s Drawing

The Powerball jackpot has grown to an estimated $747 million for Monday’s drawing, making it the fifth-largest jackpot in the game’s history. The largest Powerball jackpot ever was $1.586 billion, which was won in January 2016.

The Powerball jackpot rose to an estimated $747 million after no winning tickets were sold for Saturday’s drawing. If a player wins the prize, it would have a $403.1 million cash value and would be the ninth-largest US lottery jackpot.

In recent years, Mega Millions has taken steps to make it harder to draw a winning number, such as increasing the cost of a ticket and allowing players more numbers to choose from, which decreases the overall winning odds. The last time someone hit a jackpot was on November 19, 2022, when a single ticket in Kansas nabbed a grand prize worth $92.9 million.

The next drawing will be on Monday night at 10:59 p.m. ET, with the odds of winning just 1 in 292.2 million. Saturday’s top-winning tickets included four tickets sold in Florida, New Jersey, Oregon and Pennsylvania that matched all five white balls.

For Powerball, low odds of matching all six numbers and a recently added third drawing per week allow for the jackpot to grow quickly. Players can purchase tickets up until 10:00 p.m. ET on the day of the drawing. The winning numbers will be available shortly after the drawing on the Powerball website.