It's been over a week since the winning ticket went on sale. $1.13 billion Mega Millions jackpot, no ticket won the estimated $1.09 billion Powerball grand prize Wednesday night. So an estimated at least $1.23 billion will be at stake in the next Powerball drawing on Saturday night. The amount is likely to rise as more and more tickets are gobbled up.
Saturday's jackpot is the fourth largest in Powerball history and the eighth largest in U.S. lottery history.
The winning numbers for Wednesday night's Powerball drawing were 11, 38, 41, 62, 65, Powerball 15.
Jackpot winners had the option of distributing the funds in one immediate payment and then annually over the next 29 years, or they could choose to pay an estimated $527.3 million in one lump sum.
All prize amounts are before tax.
The estimated cash value of Saturday night's jackpot is at least $595.1 million.
The last Powerball jackpot was won on New Year's Day, when a single ticket in Michigan had the number for the top prize of $842.2 million.
Players win the jackpot by matching all five white balls and red Powerballs. According to Powerball, the odds of winning the Powerball jackpot are approximately 1 in 292.2 million, but there are smaller prizes available as well. Even if his minimum prize is $4, his odds of winning the prize are 1 in 24.87.
Powerball tickets cost $2 each. Available in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.
