Powerball Jackpot Powers Up to $1.73 Billion

Changes to Powerball and Mega Millions have led to increasingly large jackpots in recent years. The next drawing will be on Wednesday.

(October 10, 2023) — One of the largest Powerball jackpots in history has grown even larger, to $1.73 billion, after no one had the winning numbers in Monday’s lottery drawing.

The next drawing, on Wednesday night, will be the second-largest jackpot ever in the United States. Huge jackpots have become increasingly common in the multistate Mega Millions and Powerball lottery drawings, because of changes to the games over the years and higher ticket prices.

Between the two lotteries, eight jackpots in the United States have reached $1 billion or more since 2016, including five in the past two years.

This summer, two separate tickets won billion-dollar jackpots: In California, on July 19, when a Powerball ticket won $1.08 billion, and then in Florida, on Aug. 9, when a single ticket won a Mega Millions jackpot of $1.58 billion.