Record-Breaking Powerball Jackpot Hits $1.2 Billion for Wednesday’s Drawing

Record-Breaking Powerball Jackpot Hits $1.2 Billion: More than a billion dollars are up for grabs in the Powerball drawing on Wednesday evening.

Record-Breaking Powerball Jackpot Hits $1.2 Billion

The jackpot could reach $1.2 billion, making it the third-largest in the game’s history. It comes with a $551,7 million cash option.

The numbers for Monday were 12-26-27-43-47 and the Powerball was 5.

Since July 19, there have been more than 30 consecutive drawings without a major winner, causing the jackpot to balloon.

The odds of receiving the grand prize in Powerball are 1 in 292,201,336.

Retailers who sell winning Powerball tickets receive a one percent commission on the amount of the prize.

From the date of the successful drawing, winners have one year to claim their prize.

Each Powerball ticket costs $2. There are 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands where tickets are sold.

Record-Breaking Powerball Jackpot Soars to $1.2 Billion: Your After-Tax Winnings Revealed