The Powerball® jackpot has officially surged to an estimated $1 billion for Saturday night’s drawing, after game leaders raised the total from $950 million following a review of national ticket sales. The jackpot now carries a cash option of $453.1 million before taxes.
This marks only the sixth time in Powerball’s 33-year history that the jackpot has reached the billion-dollar milestone.
“We’re bringing extra excitement to Labor Day Weekend with a Powerball jackpot that’s climbed to a billion dollars!” said Matt Strawn, Powerball Product Group Chair and Iowa Lottery CEO. “For just $2, every ticket is a chance to win big, while also giving back to public programs and services that benefit communities wherever Powerball is played.”
Drawing Details
Saturday’s drawing will take place at 10:59 p.m. ET from the Florida Lottery draw studio in Tallahassee and will be broadcast live, as well as streamed on Powerball.com…