Powerball Jackpot Hits $835 Million Amid UK Market Expansion
The potential prize ranks as the tenth largest in the game's history and marks the first time British players purchased tickets from the start of a multi-draw run.
By Fatou Mitchell ·
The Powerball jackpot reached $835 million heading into Wednesday's drawing. A winner could take the cash as a lump sum of $357.9 million before taxes. This amount would stand as the second highest prize of the year, trailing only the $1.04 billion paid to an Illinois winner in August.
The current total places the prize in the top ten of all Powerball history. The all-time record remains the $2.04 billion jackpot claimed in California in 2022. If the drawing on Wednesday at 10:59 p.m. ET produces a winner, the game will see its tenth largest payout since inception.
This specific jackpot represents a change in the player base. Powerball sales began in the United Kingdom in July. This is the first multi-drawing stretch where British participants could buy tickets from the very beginning. The expansion adds a new group of buyers to the existing American pool.
The Multi-State Lottery Association stated that international expansion helps jackpots grow faster. The organization noted that the game’s $2 ticket price and jackpot odds have not changed. A British winner would receive payments over 30 years and would not have the option to take a lump sum.
The odds of hitting the top prize remain 1 in 292.2 million. The drawing is scheduled for Wednesday evening. The potential payout reflects the combined sales from both sides of the Atlantic during this period.
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