Drawing set for a Powerball jackpot that has ballooned to $1.8 billion Updated 14 mins ago A Powerball drawing will be held for what would be second highest lottery jackpot on record: an estimated $1.8 billion. Saturday's prize ballooned after the lottery held more than 40 consecutive drawings without anyone matching all of the game’s six numbers. Whenever a drawing fails to get a winner, the lottery rolls over the winnings until the next drawing. The game’s terrible odds of 1 in 292.2 million are designed to generate big jackpots and ever-larger prizes. There are three drawings each week. The largest jackpot on record, $2.04 billion, was drawn in 2022 and went to a California ticket buyer.

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