
"The nation is on billionaire watch ahead of Saturday night's Powerball drawing. The jackpot has soared to $1.5 billion. This is the fifth-largest prize in the game's history. If someone wins on Saturday, yearly payments would average $30 million a year for 30 years, or about $686 million in cash before taxes. There hasn't been a Powerball winner since September, when two tickets in Missouri and Texas split a $1.7 billion prize."
"According to Powerball, the odds of winning the jackpot are 1 in 292.2 million. Copyright © 2025 KABC Television, LLC. All rights reserved."
The Powerball jackpot stands at $1.5 billion, marking the game's fifth-largest prize. If the jackpot is won Saturday, annuity payments would average $30 million per year over 30 years, with a lump-sum cash option of about $686 million before taxes. No Powerball jackpot has been won since September, when two tickets in Missouri and Texas split a $1.7 billion prize. Official odds of matching all numbers and winning the jackpot are 1 in 292.2 million. The next drawing is scheduled for Saturday night, drawing heightened public attention and ticket purchases nationwide.
Read at ABC7 Los Angeles
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