The Powerball jackpot soared to nearly $1.23 billion

The winning ticket was sold for a week $1.13 Billion Mega Millions Jackpot, there were no winning tickets for Wednesday night's estimated $1.09 billion Powerball grand prize. So, at least a $1.23 billion pot of gold is up for grabs in the next Powerball drawing on Saturday night. The amount may rise as more and more tickets are stolen.

Saturday's jackpot is Powerball's fourth largest and the eighth largest in US lottery history.

The winning numbers for Wednesday night's Powerball drawing are 11, 38, 41, 62, 65 and Powerball 15.

A jackpot winner has the option of paying the money in one instant payment, followed by annual payments over 29 years, or an estimated $527.3 million in lump sum payments.

All prize amounts are pre-tax.

The estimated cash value of Saturday night's jackpot is at least $595.1 million.

The last Powerball jackpot hit was on New Year's Day, when a ticket in Michigan had numbers worth $842.2 million.

Players win the jackpot by matching five white balls and a red Powerball. The odds of winning the Powerball jackpot are 1 in 292.2 million, but smaller prizes are available. The odds of winning any prize, the smallest of which is $4, are 1 in 24.87.

Powerball tickets are $2 each. They are sold in 45 states, the District of Columbia, Puerto Rico and the US Virgin Islands.

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