Powerball Jackpot Soars to $1.2 Billion

By Sharon Aron Baron

The jackpot for Wednesday night’s Powerball drawing has increased to an estimated $1.2 billion.

The Powerball jackpot has rolled 37 times since the August 6, 2022, drawing, generating a staggering $59.9 million in contributions to Florida’s Educational Enhancement Trust Fund (EETF).

Jackpot winners have the option to receive their winnings in 30 annual installments or as a one-time, lump-sum cash option of approximately $596.7 million. In addition to the jackpot, players have the chance to win non-jackpot prizes ranging from $4 to $2 million by matching other number combinations.

POWERBALL jackpots start at $20 million and roll until the jackpot is won. Players win by matching the five white ball numbers (1-69) and the Power Ball number (1-26). The overall odds of winning a prize in the game are approximately 1-in-24.87.

Players can purchase tickets at any of the more than 13,000 Lottery retailers across the state for the chance to become Florida’s newest multi-millionaire. Players are reminded to sign the back of their tickets at the time of purchase and keep them in a safe place.

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