It’s one of the largest jackpots in Powerball’s history
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CAROLINE WOODS: The Powerball jackpot is climbing – it’s now at a whopping 700 million dollars after no one matched all the numbers in Wednesday night’s drawing.
It’s already the biggest jackpot of 2025, with no grand prize winner since May 31st.
And as the pot grows, ticket sales likely will as well – they’re up about 40% from this time last year, according to the Multi-State Lottery Association.
Still, your odds haven’t of winning changed – they stand at just 1 in 292 million.
If someone wins Saturday night, they’ll have a choice: the full jackpot paid out in 30 installments over 29 years, or a one-time cash payout of roughly 316 million dollars.
For perspective, the largest lottery jackpot ever topped 2 billion dollars in 2022, with a single ticket taking it all.
The next Powerball drawing is Saturday at 10:59 p.m ET.
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