Powerball jackpot hits $1 billion

What are the odds you win the lottery?

What are the odds you win the lottery? You're more likely to be struck by lightning.

The Powerball jackpot for Saturday has hit $1 billion, making it the sixth largest Powerball jackpot ever. 

According to Powerball, if there’s a big winner in the next draw, that person or persons has the option of taking the $1 billion distributed over 30 annual payments, or a one-time cash payout of $453.1 million before taxes. 

Powerball numbers

By the numbers:

No one won the $815 million jackpot on Wednesday. 

READ MORE: Man scores 2 wins from one Powerball lottery drawing, landing him $2M

The winning numbers were 9, 12, 22, 41, 61, and red Powerball 25.

FILE - Powerball play slips are displayed in a convenience store on July 18, 2023 in Los Angeles, California. (Photo by Mario Tama/Getty Images)

How Powerball works

The backstory:

Powerball tickets are $2 per game. Tickets are sold in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. The overall odds of winning a prize are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million.

Powerball drawings are broadcast live every Monday, Wednesday, and Saturday at 10:59 p.m. ET from the Florida Lottery draw studio in Tallahassee. Powerball drawings are also live streamed on Powerball.com.

Biggest Powerball jackpots

According to Powerball, these are the 10 biggest Powerball jackpots ever: 

• $2.04 Billion – Nov. 7, 2022 – CA
• $1.765 Billion – Oct. 11, 2023 - CA
• $1.586 Billion – Jan. 13, 2016 – CA, FL, TN
• $1.326 Billion – April 6, 2024 - OR
• $1.08 Billion – July 19, 2023 – CA
• $1 Billion – Aug. 30, 2025
• $842.4 Million – January 1, 2024 – MI
• $768.4 Million – March 27, 2019 – WI
• $758.7 Million – Aug. 23, 2017 – MA
• $754.6 Million – Feb. 6, 2023 - WA