ATLANTA — By tomorrow night, you could be a billionaire and all it takes is a little bit of luck.
Georgia Lottery officials confirmed to Channel 2 Action News that the Powerball jackpot for Wednesday nightβs drawing has been raised to a whopping $1 billion, which is the eighth largest jackpot in history.
The cash option on that billion-dollar prize is $433.1 million.
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After no one took home Monday nightβs jackpot, lottery officials announced a $975 million jackpot on Tuesday morning before adding more to the pot.
The Powerball jackpot has not been won since May 2, 2026, when two tickets sold in Florida and Texas split a $20 million jackpot, lottery officials said.
If a player wins the jackpot on Wednesday, they may choose to receive the prize as an annuity, paid out in 30 graduated payments over 29 years; or as a one-time lump-sum cash payment. Both prize options are before applicable federal and state taxes.
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The largest jackpot in Powerball history is $2.04 billion, won by a single ticket in California on Nov. 7, 2022.
The current Powerball jackpot is the largest since a $1.817 billion prize was won in Arkansas on Dec. 24, 2025. That is still the second-largest jackpot in the promotionβs history.
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