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The Powerball jackpot has reached an estimated $725 million for the drawing on Wednesday, July 12, 2023. This is the second-highest jackpot in Powerball history, and the largest jackpot of 2023.
The current price of a Powerball ticket is $2. Players choose five numbers between 1 and 69 for the white balls, and one number between 1 and 26 for the red Powerball. The jackpot is won by matching all six numbers in any order.
The odds of winning the Powerball jackpot are 1 in 292.2 million. However, there are still plenty of other ways to win prizes. Players can win prizes by matching fewer numbers, and the odds of winning a prize are much better.
The next Powerball drawing will be held on Wednesday, July 12, 2023 at 10:59 PM ET. Tickets can be purchased online or at participating retailers.