Powerball live drawing: How to watch drawing for $1.4 billion jackpot Wednesday

The Powerball jackpot is an estimated $1.4 billion for Wednesday night's drawing — the fourth-largest prize in the game's history.Why it matters: It's the sixth-largest U.S. lottery jackpot overall.State of play: Wednesday's Powerball drawing is the 41 drawing since the jackpot was last won in California on May 31.The longest Powerball jackpot run was 42 consecutive drawings, which was set on April 6, 2024, with a $1.326 billion jackpot winner in Oregon.Powerball jackpot Wednesday, Sept. 3Driving the news: The jackpot surged to $1.4 billion up from the $1.3 billion originally up for grabs Wednesday because of strong national ticket sales, lottery officials said.The cash option for Wednesday's drawing is $634.3 million before taxes.When is Powerball drawing tonightWednesday's drawing is at 10:59pm ET and the numbers are drawn from the Florida Lottery draw studio in Tallahassee.Drawings are held three times each week on Mondays, Wednesdays and Saturdays.Watch Powerball drawing liveWhat we're watching: Drawings are broadcast on the Powerball website live and can be watched on replay on Powerball's YouTube channel.How much is a Powerball ticket?Powerball tickets are $2 per play, but for an extra $1 per play you can add the Power Play feature to "multiply non-jackpot prizes by 2, 3, 4, 5 or 10 times."The multiplier number is randomly selected just before each drawing.The 10X multiplier is only in play when the advertised jackpot annuity is $150 million or less, according to the lottery.Follow the money: Americans spent an average of $320 on lottery tickets in 2023, up about 4% from 2022, a LendingTree analysis of government data found.How late can you buy Powerball tickets?The deadline to purchase tickets for Wednesday's drawing varies by state because Powerball tickets are sold by individual lotteries.The cut-off times are usually one to two hours before the drawing, according to Powerball.How to play Powerball gameHow it works: Lottery players can pick six numbers from two separate pools of numbers — five different numbers from 1 to 69 (the white balls) and one number from 1 to 26 for the red Powerball."Quick Pick" or "Easy Pick" tickets can also be purchased where numbers are selected automatically.Powerball prizesBy the numbers: Here are the prize amounts for matching numbers with and without the Powerball for all drawings:Powerball: $4One number and Powerball: $4Two numbers and Powerball: $7Three numbers: $7Three numbers plus Powerball: $100Four numbers: $100Four numbers plus Powerball: $50,000Five numbers: $1 millionFive numbers plus Powerball: JackpotPrize amounts are higher for players spending $1 extra for Power Play.Powerball winning oddsThe odds of winning the Powerball jackpot are 1 in 292.2 million.The overall odds of winning a prize are 1 in 24.9.The bottom line: The odds of being struck by lightning in a year are less than 1 in a million, according to data from the Centers for Disease Control and Prevention.More from Axios:Amazon changing how to share Prime benefits: what to knowDepartment stores aren't dead yet: Macy's and Kohl's stocks reboundHoliday shoppers plan first spending pullback since 2020, PwC report says

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