Powerball prize reaches $559M for Wednesday night drawing

Writer: Nicholas Karsen
Published: Updated:
Powerball ticket. File photo: CBS

The Powerball lottery passed the half-a-billion-dollar threshold right before the Wednesday night drawing.

The $559 million prize was met with no winners on Monday despite more than 709,000 cash prize tickets being won, including a ticket purchased in Virginia, winning a $1 million prize after drawing all five white balls.

According to Powerball, the last jackpot was won on Jan. 1, by a ticket purchased in Michigan that won a prize worth $842.4 million. 

Since then, 30 consecutive drawings have been met without a jackpot winner.

If a player wins the jackpot during Wednesday’s drawing, they will choose between an annuitized prize worth an estimated $559 million or a lump sum payment estimated at $273.3 million.

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