The Powerball jackpot has surged to $775 million ahead of the drawing scheduled for Wednesday, December 3. This marks one of the largest jackpots in the game's history. The prize has not been claimed since September 6, when two tickets sold in Missouri and Texas shared a $1.787 billion jackpot. To participate, players must purchase a $2 ticket and select five white numbers from 1 to 69, along with one red Powerball number from 1 to 26. The jackpot continues to grow until someone matches all five white numbers and the red Powerball. Winners can choose between a lump sum payment or 30 graduated payments over 29 years. The cash value of the current jackpot is approximately $362.5 million after taxes. Since its inception in 1992, Powerball has generated over $36 billion for various charitable causes across the United States. The odds of winning the jackpot are approximately 1 in 292.2 million, while the overall odds of winning any prize are about 1 in 24.9. Powerball drawings occur every Monday, Wednesday, and Saturday at 10:59 p.m. ET. Tickets are available in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. More than half of the proceeds from ticket sales remain in the jurisdiction where the ticket was purchased. The top ten Powerball jackpots are as follows: 1. $2.04 billion – November 7, 2022 – California 2. $1.787 billion – September 6, 2025 – Missouri, Texas 3. $1.765 billion – October 11, 2023 – California 4. $1.586 billion – January 13, 2016 – California, Florida, Tennessee 5. $1.326 billion – April 6, 2024 – Oregon 6. $1.08 billion – July 19, 2023 – California 7. $842.4 million – January 1, 2024 – Michigan 8. $768.4 million – March 27, 2019 – Wisconsin 9. $758.7 million – August 23, 2017 – Massachusetts 10. $754.6 million – February 6, 2023 – Washington As excitement builds for the upcoming drawing, players are reminded to play responsibly and to check their tickets after the drawing for any potential winnings.