Will anyone hit the $1 billion jackpot? The winning numbers for the Powerball jackpot worth an estimated $1 billion will be drawn Saturday night. The drawing takes place at 10:59 p.m. ET and can be streamed live on Powerball.com. The current jackpot ranks as the seventh-largest in the lottery game’s history, which dates back to 1992. A potential winner would have the option of either receiving the jackpot prize in a 30-year annuity, or getting an estimated $457.7 million lump-sum payment. Both of those figures are before taxes, of course. The previous drawing, which took place Wednesday, had an estimated jackpot of $936 million. The upcoming drawing will tie the Powerball record for the longest run without a jackpot win at 42 drawings. The lottery game’s last jackpot victory came in early September when a $1.787 billion grand prize was shared between winning tickets in Missouri and Texas. That was the second-largest Powerball jackpot ever won, trailing only the $2.04 billion jackpot hit by a winning ticket in California in 2022. Lottery Oct 17 Michigan woman wins Powerball after asking ChatGPT for lottery numbers Lottery Nov 15 Mega Millions ticket sold in Georgia wins $980M jackpot Powerball is played in 45 states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands. There are three drawings per week — Monday, Wednesday and Saturday — and tickets cost $2 each. The odds of hitting the Powerball jackpot are 1 in 292.2 million. While Wednesday’s drawing didn’t have a jackpot winner, it did feature a trio of $1 million prize winners. Those winning tickets, which matched all five white balls, were sold in Maryland, Michigan and New Jersey. ...read more read less