The drawing will be broadcast live by select carrier stations across the country.
Tonight’s drawing will held at the Florida Lottery draw studio in Tallahassee at 10:59 p.m.
If the winner selects the annuity option, they will receive one immediate payment followed by 29 annual payments that increase by 5% each year. If a player wins the jackpot on Wednesday night, they will have the choice between an annuitized prize worth an estimated $850 million or a lump sum payment estimated at $397.4 million. The prize ranks as the game’s second-largest jackpot this year and the fourth-largest jackpot in the history of the game. The jackpot has a cash value of $397.4 million. Game leaders increased the Powerball jackpot estimate Wednesday morning from $835 million to $850 million, citing strong ticket sales. The Powerball® jackpot just got even bigger ahead of tonight’s drawing.
