Current jackpot for powerball

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That didn’t bother those eager to plunk down their money on Wednesday for a long-shot chance at instant wealth. And wins in recent months have been few and far between. Powerball’s terrible odds of 1 in 292.2 million are designed to generate big jackpots, with prizes becoming ever larger as they repeatedly roll over when no one wins.

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The only top prize that was ever bigger was the $2.04 billion Powerball won by a player in California last November. Final ticket sales pushed the jackpot beyond its earlier advertised estimate of $1.73 billion for Wednesday night’s drawing. That streak trails the record of 41 draws set in 20. The jackpot is the world’s second-largest lottery prize after rolling over for 36 consecutive drawings. Before someone won the giant prize, there had been 35 consecutive drawings without a big winner, stretching back to July 19 when a player in California matched all six numbers and won $1.08 billion.

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