Powerball: Jackpot hits $1 billion ahead of Saturday's drawing

After no one won the big prize in Wednesday night’s drawing, the Powerball jackpot is now worth an estimated $1 billion. 

The winning numbers were 10, 16, 29, 33, and 69 with a Powerball of 22.

 The latest jackpot now has an estimated cash value of $461.3 million, according to lottery officials. 

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Why is the Powerballl jackpot so high?

The jackpot has rolled over since early September after two tickets sold in Missouri and Texas split the $1.787 billion prize. 

When is the next Powerball drawing?

The next Powerball drawing is scheduled for Dec. 13 at 10:59 p.m. 

Powerball drawings are held every Monday, Wednesday and Saturday. 

Watch the drawing live

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Powerball: How to play the game

Powerball tickets cost $2 per play. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. 

The odds of winning a Powerball prize are 1 in 24.9, according to lottery officials. The odds of winning the jackpot are 1 in 292.2 million. 

Winners can receive their jackpot prize as a lump sum or as an annuity that's paid in 30 payments over 29 years.

Top 10 Powerball jackpots

1. $2.04 billion - Nov. 7, 2022 - California
2. $1.787 billion - Sept. 6, 2025 – Missouri, Texas
3. $1.765 billion - Oct. 11, 2023 - California
4. $1.586 billion - Jan. 13, 2016 - California, Florida, Tennessee
5. $1.326 billion - April 6, 2024 - Oregon
6. $1.08 billion - July 19, 2023 - California
7.  $1 billion – (current jackpot prize)
8. $842.4 million - January 1, 2024 – Michigan
9.  $768.4 million - March 27, 2019 - Wisconsin
10. $758.7 million - Aug. 23, 2017 - Massachusetts

The Source: This story was written with information from the Powerball website and previous FOX 35 reporting.

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