Saturday night’s Powerball drawing offers a chance at the second-largest jackpot in history: a staggering $1.8 billion.
The grand prize has been growing since May 31, with over 40 consecutive drawings passing without a major winner. The game’s long odds—1 in 292.2 million—are designed to create these massive, attention-grabbing jackpots.
While the $1.8 billion prize is the total for an annuity paid out over nearly 30 years, most opt for the lump sum cash option, which is an estimated $826.4 million.
The largest Powerball jackpot ever recorded was a $2.04 billion prize won in California in 2022.
