Powerball jackpot jumps to $1.09 billion, fourth largest in history | Top Vip News

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The billion-dollar Powerball is still up for grabs after no ticket matched all six numbers, launching the lottery to a $1.09 billion grand prize for Wednesday’s drawing.

The winning numbers for Wednesday night’s drawing are: 11, 62, 65, 38, 41. Powerball: 15.

Power play multiplier: 3X.

This is the game’s fourth-largest jackpot in the history of the game, according to a Powerball press release.

A giant lottery advertising billboard

A giant lottery advertising billboard is seen along Highway 101 as the US Powerball jackpot increases by $1.1 billion, in Belmont of San Mateo County, California, United States, on April 1, 2024 . (Tayfun Coskun/Anadolu via Getty Images/Getty Images)

If a player wins the jackpot in Wednesday’s drawing, they will have the option to choose between an annualized prize worth an estimated $1.09 billion or a lump sum payout estimated at $527.3 million.

Both prize options are before taxes.

If the winner selects the annuity option, they will receive an immediate payment followed by 29 annual payments that increase five percent each year.

lottery tickets

Forms for choosing Powerball numbers are displayed at a store on October 4, 2023 in Miami, Florida. Wednesday’s Powerball drawing will be a jackpot of approximately $1.2 billion. (Joe Raedle/Getty Images/Getty Images)

There have been 39 drawings in a row without a jackpot winner.

The Powerball jackpot was last won on January 1, 2024, with a ticket in Michigan winning a prize worth $842.4 million.

power ball

Powerball tickets are seen on a counter after being purchased at a store on October 4, 2023 in Miami, Florida. Wednesday’s Powerball drawing will be a jackpot of approximately $1.2 billion. (Joe Raedle/Getty Images/Getty Images)

Powerball tickets cost $2 per play. the tickets are sold in 45 statesthe District of Columbia, Puerto Rico and the United States Virgin Islands.

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The overall odds of winning a prize are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million.

Powerball drawings are broadcast live every Monday, Wednesday and Saturday from the Florida Lottery studio in Tallahassee and streamed live on Powerball.com.

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