The Payout for Saturday’s Powerball Jackpot Is Estimated at $635 Million

The Powerball jackpot has hit its highest number in months. The estimated jackpot is at an impressive $635 million, according to CNN.

If a winning ticket sells, it’ll be the 10th largest jackpot in U.S. lottery history and the sixth-largest in Powerball history.

$635 million is the amount based on an annuity payout over 29 years. If a ticket wins, the cash value will be around $450 million.

The last Powerball winner was in June. Since then, the jackpot has grown over 39 drawings from $20 million to the current amount.

The $2 Powerball tickets are sold in 45 states, in addition to Washington DC, Puerto Rico, and the U.S. Virgin Islands. The odds of winning are a grim 1 in 292.1 million.

According to the countdown on the Powerball website, the drawing will occur at 10:59 p.m. EST. Sale cut-off times vary based on the location. 

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