Powerball jackpot jumps to $900m after no winner in latest drawing

The Powerball jackpot has climbed to $900m after no winners matched all six numbers in Saturday night’s drawing.

On 15 July, players who purchased a Powerball ticket failed to pick the numbers two, nine, 43, 55 and 57 with a Powerball of 18. The jackpot now stands at an estimated $900m for the next drawing on Monday 17 July. According to Powerball, the multi-million-dollar prize currently ranks as the third largest jackpot in the lottery’s history.

However, there were some hopefuls who took home smaller winnings. Three tickets, one sold in Colorado and two in Texas, matched all five white balls to win $1m prizes. There were also 89 tickets that matched four of the five white balls and red Powerball. Seventy-five of the tickets won $50,000 prizes. The other fourteen tickets included the Power Play option for an additional $1 per play and increased the $50,000 prize to $100,000.

If a player matches all six numbers during Monday night’s drawing, they will have the option to take home the $900m paid out over 30 years, or be given a cash lump sum option of $465.1m before taxes.

To play Powerball, players must pick five numbers between one and 69 and then choose one Powerball number between one to 26. The first five numbers drawn appear on the white balls, while the Powerball number is shown using a red ball. If a player has a ticket that matches all of the five winning numbers plus the Powerball number, then they win the jackpot.

However, the odds of winning the Powerball jackpot are one in 292.2 million.

Last November, the record-breaking $2bn Powerball jackpot went to California resident Edwin Castro, who bought his ticket at a gas station in Altadena outside of Los Angeles. He chose to accept the award as a lump sum, which meant he walked away with $997.6m before taxes. With his earnings, Castro reportedly purchased a $25m mansion in the wealthy California suburb of Hollywood Hills.

No one has won the Powerball jackpot since April, when an unidentified Ohio resident claimed the $252.6m prize. There have been 35 consecutive drawings without a winner since then, according to Powerball.

Those who are unlucky in the next Powerball drawing still have the chance to make it big with the Mega Millions jackpot, which is currently estimated at $640m. The Mega Millions winner has the option to take home a cash option of $328m. The next Mega Millions drawing is Tuesday 18 July at 11pm ET.