No winner matched all six numbers to win the massive jackpot on Wednesday, which is now expected to soar to $1.5 billion, holding a cash value of $745.9 million, Powerball announced.

Florida Players Have Shot At Record-Breaking $1.6 Billion Powerball Jackpot

The jackpot for Saturday's POWERBALL® drawing has increased to an estimated $1.6 billion!

The jackpot for Saturday’s POWERBALL® drawing has increased to an estimated $1.6 billion!

The POWERBALL jackpot has rolled 38 times since the August 6, 2022 drawing, generating a staggering $72.9 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 $782.4 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.

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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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