Powerball jackpot jumps to $596 million

With no big winner in Wednesday's drawing, the Powerball jackpot now jumps to an estimated $596 million for the next drawing on Saturday, Sept 16. The jackpot has a cash value of $288.2 million.
The Powerball jackpot rolled Wednesday night after no ticket matched all six numbers drawn – white balls 22, 30, 37, 44, 45 and red Powerball 18. The Power Play multiplier was 3X.
The Powerball jackpot was previously hit in the July 19 drawing when a ticket in California won a prize worth $1.08 billion, the third-largest Powerball jackpot ever won. Since then, there have been 24 consecutive Powerball drawings without a jackpot winner.
If a player wins the jackpot on Saturday night, they will have the choice between an annuitized prize worth an estimated $596 million or a lump sum payment estimated at $288.2 million. Both prize options are before taxes. If the winner selects the annuity option, they will receive one immediate payment followed by 29 annual payments that increase by 5% each year.
The overall odds of winning a prize are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million.
You can watch Saturday's drawing on 21 News at 11.