The Powerball jackpot has leaped to $1.7 billion after there were no big grand prize winners in Wednesday's drawing.

Wednesday's winning numbers were That resulted in four $2 million winners across Michigan, Oregon, Texas and Wyoming and 11 $1 million winners from Florida, California (2), Colorado, Georgia (two), Illinois, Maryland, Minnesota, Ohio and Pennsylvania.

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The $1.7 billion jackpot is for an annuity option, paid over 30 years. Winners almost always opt for the lump-sum cash prize, which for Powerball would be $770.3 million cash.

The prize is subject to taxes , which includes an automatic withholding tax of 24% levied against the winnings, and another 13% in federal taxes when you file your 2025 return.

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