Powerball grows to 4th-largest prize in game history at $1.09 billion

The cash value is an estimated $527.3 million.

7:49 AM on Apr 2, 2024 CDT — Updated at 5:00 PM on Apr 2, 2024 CDT

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The Powerball jackpot grew to $1.09 billion ahead of Wednesday’s drawing.

The prize is the fourth largest in game history with an estimated cash value of about $527.3 million, according to Powerball. It’s also the ninth-largest U.S. lottery jackpot, placing it one ranking below the $1.128 billion Mega Millions jackpot won in New Jersey last week.

Wednesday’s drawing will be the 40th in the current sequence. The last jackpot payout, in which a player had all six matching numbers, was won Jan. 1.

Six tickets Monday had five matching numbers worth a $1 million prize, according to Powerball. They were purchased in Florida, Maryland, Minnesota, North Carolina and Virginia.

Drawings are Monday, Wednesday and Saturday nights.

The overall odds of winning a prize are 1 in 24.9 with the odds of winning the jackpot being 1 in 292.2 million, according to Powerball.

Lana Ferguson, Breaking News Reporter. Lana Ferguson joined The Dallas Morning News after reporting in South Carolina's Lowcountry for The Island Packet & Beaufort Gazette newspapers. She graduated from the University of Mississippi where she studied journalism and Southern studies. She's a Virginia native but her work has taken her all over the U.S., southern Africa, and Sri Lanka.