Powerball: Still no winner; jackpot jumps to $925M

The Powerball jackpot moved ever closer to $1 billion, as there were no grand prize winners in Wednesday’s drawing. The jackpot, the fourth-largest in Powerball’s history, rose to $925 million.

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The numbers drawn Wednesday were 1-7-46-47-63 and the Powerball was 7. The multiplier was 3X.

Jackpot climbs to $925 million

Update 11:59 p.m. EDT Sept. 27: For the 30th consecutive drawing, no one won the Powerball jackpot. Saturday’s drawing will be for an estimated $925 million.

If someone wins the big prize on Saturday, they will have two options: An annuity, in which the winner receives one immediate payment followed by 29 annual payments that increase by 5% each year; or the lump sum option. Choosing the second option will make the cash value amount approximately $432.4 million before taxes.

If nobody wins on Saturday, the jackpot could become the fourth in Powerball history to top $1 billion.

While no one took the big prize, solo tickets in California, Kansas, Maryland and New York matched five numbers, giving each of the recipients a $1 million payday.

Original report: In July, a $1.08 billion ticket was sold in California. That was the third-largest Powerball jackpot in the promotion’s history, lottery officials said.

How much money will you get after taxes if you win the Powerball jackpot?

Drawings are held every Monday, Wednesday and Saturday. Tickets, which cost $2 per play, are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.

The odds of winning the grand prize are 1 in 292.2 million, according to Powerball.com.

Top 10 Powerball jackpots

$2.04 billion – Nov. 7, 2022 (One ticket from California).
$1.586 billion – Jan. 13, 2016 (Three tickets from California, Florida and Tennessee).
$1.08 billion – July 19, 2023, drawing (One ticket from California).
$925 million – Sept. 30, 2023 drawing.
$768.4 million – March 27, 2019 (One ticket from Wisconsin).
$758.7 million – Aug. 23, 2017 (One ticket from Massachusetts).
$754.6 million – Feb. 6, 2023 (One ticket from Washington).
$731.1 million – Jan. 20, 2021 (One ticket from Maryland).
$699.8 million – Oct. 4, 2021 (One ticket from California).
$687.8 million – Oct. 27, 2018 (Two tickets from Iowa and New York).