Powerball jackpot hits $1.55 billion for Monday, Oct. 9, 2023 drawing

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Now we're getting closer to record-breaking territory.

With no grand prize winner from Saturday night's Powerball drawing, the jackpot now is worth an estimated $1.55 billion with a cash value of $679.8 million. The drawing is the third largest in the Powerball game and fifth largest in U.S. lottery history, according to powerball.com.

The most recent Powerball jackpot surpasses the July 19 drawing number when a ticket in California won a prize worth $1.08 billion, according to lottery officials.

Ready to try your luck with Powerball? Here's everything you need to know.

Powerball winning numbers Saturday, Oct. 7, 2023

The winning numbers from Saturday's drawing were 47, 54, 57, 60, 65 and the Powerball was 19. The Power Play was 3X.

While there was no grand prize winner, there were 10 Match 5 winners worth $1 million sold in California, Kansas, Louisiana, Michigan, Ohio and Wisconsin as well as two each in Massachusetts and Texas.

1. $2.04 billion – Nov. 7, 2022 – CA
2. $1.586 billion – Jan. 13, 2016 – CA, FL, TN
3. $1.55 billion (est.) – Oct. 9, 2023
4. $1.08 billion – July 19, 2023 – CA
5. $768.4 million – March 27, 2019 – WI
6. $758.7 million – Aug. 23, 2017 – MA
7. $754.6 million – Feb. 6, 2023 - WA
8. $731.1 million – Jan. 20, 2021 – MD
9. $699.8 million – Oct. 4, 2021 – CA
10. $687.8 million – Oct. 27, 2018 – IA, NY

What time is the Powerball drawing?

The next drawing will be Monday, Oct. 9, at 10:59 p.m. ET.

In Delaware, tickets may be purchased until 9:45 p.m. ET on the day of the drawing.

In New Jersey and Pennsylvania, you can purchase tickets until 9:59 p.m.

What days are the Powerball drawings?

Powerball drawings are held three times a week, every Monday, Wednesday and Saturday at 10:59 p.m. ET.

How much are Powerball tickets?

The Powerball costs $2 per play.

In Pennsylvania, you can buy tickets online: www.pailottery.com/games/draw-games/.

Tickets can be bought online as well in New Jersey: njlotto.com.

To play, select five numbers from 1 to 69 for the white balls, then select one number from 1 to 26 for the red Powerball.

You can choose your lucky numbers on a play slip or let the lottery terminal randomly pick your numbers. 

To win, match one of the nine ways to win:

• 5 white balls + 1 red Powerball = Grand prize.
• 5 white balls = $1 million.
• 4 white balls + 1 red Powerball = $50,000.
• 4 white balls = $100.
• 3 white balls + 1 red Powerball = $100.
• 3 white balls = $7.
• 2 white balls + 1 red Powerball = $7.
• 1 white ball + 1 red Powerball = $4.
• 1 red Powerball = $4.

There's a chance to have your winnings increased two, three, four, five and 10 times through the Power Play for an additional $1 per play. Players can multiply non-jackpot wins up to 10 times when the jackpot is $150 million or less.

All prizes are set cash amounts, except for the grand prize. In California, prize payout amounts are pari-mutuel, meaning it's determined by the sales and the number of winners.

What are the odds of winning the Powerball?

The odds of winning the Powerball grand prize are 1 in 292,201,338. The odds for the lowest prize, $4 for one red Powerball, are 1 in 38.32.

According to Powerball, the overall odds of winning a prize are 1 in 24.87, based on a $2 play and rounded to two decimal places.