Powerball jackpot climbs to $700 million ahead of tonight's drawing

Aaron Brown
August 24, 2017

Tonight's Powerball drawing could pay out a massive $700 million jackpot, second-highest in USA lottery history. Almost all winners favor the one-time cash option, which is at $443 million for tonight's draw.

And it can get frenzied: a year ago, on the day of the $1.6 billion drawing, Polston said that during peak hours of 5 to 7 p.m., tickets were selling at a rate of $1 million an hour. Winners that don't chose this option can have the money given to them in 30 annual payments that will take place over 29 years.

As of mid-day Wednesday, Powerball tickets were selling at a rate of about 8,300 per minute, according to Pennsylvania Lottery officials. Now, the odds are 1 in roughly 292 million. "If I win I'm giving (Smith) one percent", she said.

The current Powerball jackpot has rolled over 20 times since June 14th.

The jackpot initially rolled to a $650 million annuity value, or $411.7 million cash, after Saturday's drawing.

The next thing you should do after winning is contact the author of this story and share your prize with them. To win the $700 million, participants must match the five white numbers and the one red number.

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"Your odds are just as good as anyone else", he said. Players in Colorado have a 1-in-38 chance to win the smallest amount, which is $4 - double the cost of a standard ticket, Tabor said.

"I would definitely gift my children something", first-time player and mother of six, Leslie Mendez, said.

Many people use birthdays, others use lucky numbers or their own system.

Powerball tickets are sold in 44 U.S. states, and Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

Powerball is played every Wednesday and Saturday night, so if there is no victor in tonight's drawing, the next drawing would be on Saturday, Aug. 26. All sales for Powerball stop at 9:59 p.m. on the drawing days and resume following each drawing.

The Mega Million jackpot is nowhere near the Powerball jackpot right now. If there's no victor Wednesday, the next prize will continue to climb towards that record.

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