The new jackpot for Wednesday’s drawing would be the seventh highest in U.S. history and the third largest for Powerball. If a sole player picks all five numbers plus the Powerball number drawn, they have the option of taking the $1 billion prize in yearly increments paid out over 29 years or a $516.8 million one-time lump sum before taxes. The last time someone won the Powerball jackpot was April 19 for a top prize of nearly $253 million. Since then, no one has won the grand prize in the past 38 consecutive drawings. The jackpot will keep growing until someone wins.
