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Powerball Jackpot Soars to Nearly $800 Million for Wednesday’s Drawing

The Powerball jackpot has escalated to an impressive $775 million ahead of its next drawing scheduled for Wednesday. This substantial amount places it among the ten largest Powerball prizes recorded.

Recent Lottery History

Since its last winner in September, when a massive $1.787 billion prize was claimed in Missouri and Texas, the jackpot has continued to grow. Lottery enthusiasts are drawn to this opportunity, knowing the odds of winning stand at 1 in over 292 million.

How to Play Powerball

To participate in the lottery, individuals must purchase a $2 Powerball ticket. Players need to choose five white numbers, ranging from 1 to 69, along with one red number, which must be between 1 and 26.

  • Five white numbers in any order
  • One matching red Powerball number

Winners can opt for a lump sum payout or receive their prize in 30 graduated payments over a span of 29 years. After tax deductions, the cash value of the grand jackpot stands at approximately $362.5 million.

Charitable Contributions and Draw Details

Since its inception in 1992, Powerball has generated an estimated $36 billion for charitable causes. Drawings take place every Monday, Wednesday, and Saturday at 10:59 PM ET, with the Florida Lottery draw studio in Tallahassee hosting the events.

Top Powerball Jackpots

The following list highlights the top ten Powerball jackpots and their respective winning states:

Rank Jackpot Amount Date Winning State(s)
1 $2.04 Billion Nov. 7, 2022 California
2 $1.787 Billion Sept. 6, 2025 Missouri, Texas
3 $1.765 Billion Oct. 11, 2023 California
4 $1.586 Billion Jan. 13, 2016 California, Florida, Tennessee
5 $1.326 Billion April 6, 2024 Oregon
6 $1.08 Billion July 19, 2023 California
7 $842.4 Million Jan. 1, 2024 Michigan
8 $768.4 Million March 27, 2019 Wisconsin
9 $758.7 Million Aug. 23, 2017 Massachusetts
10 $754.6 Million Feb. 6, 2023 Washington

The excitement surrounding the Powerball jackpot continues to grow as more players join in the hopes of winning life-changing amounts. Don’t miss your chance to participate in this thrilling event!

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