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Powerball jackpot surpasses half billion, nearing new record. When’s the next drawing?

The Powerball jackpot nears a new record as it swells to over half a billion.
The Powerball jackpot nears a new record as it swells to over half a billion. AP

CORRECTION: The Powerball estimated jackpot was incorrect in an earlier headline.

The story continues below.

The Powerball has grown to $546 million after months of no winners.

Now it nears a milestone.

During the last drawing on Monday, July 3, no one matched white balls 15, 26, 31, 38, 61 and red Powerball 3, lottery officials said in a news release.

The jackpot then grew from $522 million to $546 million. It has been building since April 19 when a player matched the winning numbers and landed the $252.6 million jackpot, lottery officials said.

Players will have a chance to win the massive jackpot during the Wednesday, July 5, drawing with a cash option of $282 million.

If no one wins again, this jackpot could reach the top 10 jackpots in history if it surpasses $590.5 million. A winner in Florida holds the No. 10 spot after winning the jackpot in 2013.

The highest Powerball jackpot on record is held by California winner, Edwin Castro, who won $2.04 billion in November.

What to know about Powerball

To score a jackpot in the Powerball, a player must match all five white balls and the red Powerball.

The odds of scoring the jackpot prize are 1 in 292,201,338.

Tickets cost $2 and can be bought on the day of the drawing, but sales times vary by state.

Drawings are broadcast Saturdays, Mondays and Wednesdays at 10:59 p.m. ET and can be streamed online.

Powerball is played in 45 states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

Many people can gamble or play games of chance without harm. However, for some, gambling is an addiction that can ruin lives and families.

If you or a loved one shows signs of gambling addiction, you can seek help by calling the national gambling hotline at 1-800-522-4700 or visiting the National Council on Problem Gambling website.

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This story was originally published July 5, 2023 at 12:31 PM with the headline "Powerball jackpot surpasses half billion, nearing new record. When’s the next drawing?."

Helena Wegner
McClatchy DC
Helena Wegner is a McClatchy National Real-Time Reporter covering the state of Washington and the western region. She’s a journalism graduate from Arizona State University’s Walter Cronkite School of Journalism and Mass Communication. She’s based in Phoenix.
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