Watch CBS News

Powerball jackpot jumps to $625 million ahead of Saturday drawing

An estimated $625 million jackpot is on the line in Saturday's Powerball drawing. It would be the seventh-highest U.S. lottery jackpot ever. 

The estimated lump sum payout would be $380.6 million before taxes. The odds of winning are roughly 1 in 292.2 million.

No one has won the Powerball jackpot since the day after Christmas. Twenty-four drawings since then have failed to produce a winner, including the drawing on Wednesday.

The buyers of three tickets shared the country's largest jackpot. It was a nearly $1.59 billion Powerball prize drawn on Jan. 13, 2016. A South Carolina purchaser won a $1.54 billion Mega Millions jackpot. That was the nation's second-largest lottery prize ever.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.