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Powerball jackpot soars to $1.73 billion: See how much the cash option is worth in the Wednesday night drawing

The massive Powerball jackpot is one of the largest lottery prizes in history.

CLEVELAND — Lottery fever continues to spread across the country as the massive Powerball jackpot worth $1.73 billion is up for grabs in Monday night's drawing -- and the lucky winner could be you!

When is the cutoff time to buy a Powerball ticket? What’s the cash option if you win? What are the odds of winning a Powerball jackpot? We break down everything you need to know by answering these top questions and more below…

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What is the last time I can buy a Powerball ticket for the Monday drawing?

The Ohio Lottery says Powerball ticket sales close at 10 p.m. EST on the day of each drawing, which happens every Monday, Wednesday and Saturday.

What time is the next Powerball drawing?

10:59 p.m. EST on Wednesday, Oct. 11, 2023.

What is the jackpot?

The jackpot has jumped to $1.73 billion. Officials say it's the second-largest Powerball jackpot in history.

What is the cash option worth?

Winners have the choice to select a lump-sum payout, which has an estimated value of $756.6 million.

What if nobody hits the jackpot?

The prize money will increase once again before the next drawing, which will be held Saturday, Oct. 14.

How much are Powerball tickets?

Each Powerball ticket costs $2. You can also add the Power Play option, which gives players the chance at larger secondary prizes by paying an additional $1 per ticket.

How many numbers are there?

The game consists of white balls numbered from 1 to 69. The red Powerballs are numbered from 1 to 26.

Can I pick my own numbers?

Yes. There’s also an option for the machine to auto-pick for you.

What are the odds of winning the jackpot?

Jackpot (matching all five numbers with the Powerball): One in 292,201,338

What are the other prizes?

Powerball lottery officials say there are nine ways to win money that range from the jackpot to just a couple bucks. Here are highlights of those odds:

  • $1 million prize (matching all five numbers, but missing the Powerball): One in 11,688,053.52
  • $50,000 prize (matching four numbers with the Powerball): One in 913,129.18
  • $100 prize (matching four numbers, but missing the Powerball): One in 36,525.17
  • $100 prize (matching three numbers with the Powerball): One in 14,494.11
  • $7 prize (matching three numbers): One in 579.76
  • $7 prize (matching two numbers with the Powerball): One in 701.33
  • $4 prize (matching one number with the Powerball): One in 91.98
  • $4 prize (matching the Powerball): One in 38.32

Those prizes can be multiplied, however, if the ticketholder upgraded to the Power Play option.

What are the lucky numbers pulled in the most recent Powerball drawings?

Here’s a look at winning numbers from the last 10 drawings…

  • Oct. 9, 2023: 16, 34, 46, 55, 67 with Powerball 14
  • Oct. 7, 2023: 47, 54, 57, 60, 65 with Powerball 19
  • Oct. 4, 2023: 9, 35, 54, 63, 64 with Powerball 1
  • Oct. 2, 2023: 12, 26, 27, 43, 47 with Powerball 5
  • Sept. 30, 2023: 19, 30, 37, 44, 46 with Powerball 22
  • Sept. 27, 2023: 1, 7, 46, 47, 63 with Powerball 7
  • Sept. 25, 2023: 10, 12, 22, 36, 50 with Powerball 4
  • Sept. 23, 2023: 1, 12, 20, 33, 66 with Powerball 21
  • Sept. 20, 2023: 16, 27, 59, 62, 63 with Powerball 23
  • Sept. 18, 2023: 2, 21, 26, 40, 42 with Powerball 9

Has anybody recently won a Powerball jackpot in Ohio?

Yes! One lucky ticket sold at a GetGo in Macedonia hit a Powerball jackpot worth $252.6 million earlier this year in the April 19 drawing.

What are the biggest Powerball jackpots of all time?

  • $2.04 billion: Nov. 7, 2022 (winner in California)
  • $1.73 billion: Oct. 11, 2023 (no winner yet)
  • $1.586 billion: Jan. 13, 2016 (winners in California, Florida and Tennessee)
  • $1.08 billion: July 19, 2023 (winner in California)
  • $768.4 million: March 27, 2019 (winner in Wisconsin)
  • $758.7 million: Aug. 23, 2017 (winner in Massachusetts)
  • $754.6 million: Feb. 6, 2023 (winner in Washington)
  • $731.1 million: Jan. 20, 2021 (winner in Maryland)
  • $699.8 million: Oct. 4, 2021 (winner in California)
  • $687.8 million: Oct. 27, 2018 (winners in Iowa and New York)

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