The Powerball jackpot has climbed to an estimated $600 million ahead of the next drawing on Saturday, October 17, after no ticket matched all six numbers in Wednesday's draw.
The upcoming drawing offers a cash option estimated at $246 million before taxes, according to the official Powerball website. The advertised jackpot is an estimate, and the amount ultimately paid depends on the prize option selected and applicable taxes.
The latest jackpot follows Wednesday's October 14 drawing, which produced the numbers 3, 34, 37, 42, 46 and Powerball 20. No ticket won the jackpot, although a ticket in Minnesota won $2 million by matching five white balls and using the Power Play option.
Powerball drawings take place three times a week, giving players another opportunity to win the growing prize. With the jackpot now at $600 million, Saturday's draw is set to attract attention from lottery players across participating jurisdictions.
When Is the Next Powerball Drawing?
The next Powerball drawing is scheduled for Saturday, October 17, 2026, at 10:59 p.m. Eastern Time, according to the official drawing schedule. That is 3:59 a.m. on Sunday, October 18, in Nigeria.
Players select five white-ball numbers from 1 through 69 and one red Powerball number from 1 through 26. A standard ticket costs $2, although sales cut-off times vary by jurisdiction.
The jackpot is awarded only when a ticket matches all five white balls and the red Powerball. The official Powerball prize information puts the odds of winning the jackpot at approximately 1 in 292.2 million, while the overall odds of winning any prize are about 1 in 24.9.
The $600 million advertised jackpot represents the annuity option, paid in 30 graduated payments over 29 years. Winners can instead choose the estimated $246 million cash option, with both amounts subject to applicable taxes.
Wealthier Today's previous coverage of the Powerball jackpot's climb toward $500 million tracked the successive rollovers that pushed the prize higher earlier this month. The latest increase puts the jackpot substantially above that milestone, but the odds of winning remain unchanged.
If Saturday's drawing produces no jackpot winner, Powerball will announce a new estimated prize for the following drawing. Until then, the $600 million figure remains an estimate rather than a guaranteed cash payout.