Winning numbers released for $546 M Powerball jackpot
The Powerball has grown to $546 million after months of no winners
The numbers are in for the Wednesday, July 5, Powerball lottery jackpot worth an estimated $546 million, with a cash option of $282.0 million.
The winning numbers, drawn Wednesday, July 5, were 17, 24, 48, 62, 68; the Powerball was 23. The Power Play, a bonus multiplier for some ticket holders in other states, was 2X.
On Wednesday, no one had the winning numbers moving the next drawing to Saturday, July 8, bumping the jackpot to a whopping $590 million with a cash value of $304.8 million.
People lined up to play Powerball lottery at a 7-Eleven store in Milpitas, California, United States on November 7, 2022. (Tayfun Coskun/Anadolu Agency via Getty Images / Getty Images)
There was also no grand prize winner in Monday’s Powerball drawing after a winning ticket didn’t match all six numbers, forcing the jackpot to roll over. The estimated $546 million jackpot Wednesday would be worth $282 million in cash if taken in a lump sum, according to a press release from Powerball.
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The last Powerball jackpot was won on April 19 when a ticket in Ohio matched all five white balls and the red Powerball to win a prize worth $252.6 million.
The Powerball jackpot reached an estimated $546 million jackpot Wednesday, July 5, 2023. (Lokman Vural Elibol/Anadolu Agency via Getty Images / Getty Images)
Since then, there have been 32 consecutive drawings without a jackpot winner.
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If a player wins the Powerball jackpot on Wednesday night, they will have the choice between an annuitized prize of an estimated $546 million, or a lump sum payment of $282 million.
Scratch-off games for sale with PowerBall tickets at Best Beer, Wine and Deli in Gaithersburg, Maryland. (Samuel Corum/Anadolu Agency/Getty Images / Getty Images)
The odds of hitting the grand prize jackpot are 1 in 292.2 million.
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Powerball tickets cost $2 per play. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. The deadline for purchasing a ticket is 9:45 p.m. on draw nights.