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September 01, 2020 10:18am
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Powerball jackpot grows to $725M

The Powerball jackpot, estimated at $725 million, is the seventh largest prize in the history of the game. The overall odds of winning the jackpot are 1 in 292.2 million.

The Powerball lottery jackpot swelled to $725 million ahead of Wednesday's drawing.

The cash portion, if there is one lucky winner, would come to $366.2 million after taxes, according to Powerball officials. 

There was no winner Saturday marking the 34th consecutive drawing that came up short. 

WINNING NUMBERS RELEASED FOR $546 M POWERBALL JACKPOT

The hefty jackpot continued to rise after no ticket matched the winning six numbers during Monday night's Powerball drawing.

The last Powerball jackpot was won on April 19 when a ticket in Ohio matched all five white balls and the red Powerball to win a prize worth $252.6 million.

In November 2022, a single ticket sold in California won the largest Powerball jackpot on record, worth $2.04 billion, after matching all six numbers. 

MEGA MILLIONS JACKPOT SWELLS TO $480 MILLION AFTER NO TICKET MATCHED ALL SIX NUMBERS IN FRIDAY'S DRAWING

The odds of hitting the grand prize jackpot are 1 in 292.2 million.

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Powerball tickets cost $2 per play. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. The deadline for purchasing a ticket is 9:45 p.m. on draw nights.

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