The Brief

No one hit the Powerball jackpot Wednesday night.

That means Saturday’s jackpot will be $1.7 billion, the third largest in U.S. lottery history.

It will be the 42nd drawing since the Powerball was last won, a new record.

Saturday’s Powerball jackpot has soared to a whopping $1.7 billion after no one hit the jackpot Wednesday night .

The $1.7 billion jackpot is for winners who choose to receive 30 payments over 29 years through an annuity. Winners almost always choose the game's cash option, which for this drawing would be an estimated $770.3 million, before taxes.

Saturday’s Powerball jackpot is the third-largest jackpot in U.S. lottery history, behind the $2.04 billion Powerball jackpot won on Nov. 7, 2022, and the $1.765 billion Powerball jackpot won on Oct. 11, 2023.

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