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Powerball jackpot reaches $785 million

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The Powerball jackpot is presently estimated at $835 million, making it the second-largest this year and fourth all-time in the history of American lottery games. The grand prize comes with an estimated cash value of $390.4 million. On July 19, a Californian bought a ticket that matched all five white balls and Powerball numbers to claim $1.08 billion. Since the win, there have been 29 consecutive drawings without a jackpot winner.

The Powerball drawing on Monday, September 25th produced winning numbers 10, 12, 22, 36, and 50, with a Powerball number of 4. Although there were no jackpot winners, two Match 5 tickets worth $1 million each were sold in Florida and Oregon, respectively. However, there were no Match 5 + Power Play $2 million winners.

The odds of winning the Powerball jackpot are currently 1 in 292.2 million. If individuals hit the jackpot, they can choose to receive their money as a lump sum or 30 annual payments over 29 years. Both advertised prize options do not include federal and state taxes.

The Powerball drawing for the $835 million jackpot is scheduled for Wednesday night.