Here are the Powerball winning numbers for Saturday's $1.8B jackpot

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Saturday's Powerball winning numbers for the $1.8 billion jackput have been drawn!

The cash value is $826.4 Million.

The winning numbers are: 61, 23, 62, 44, and 11. The Powerball number was 17 and the Power Play was 2x.

How much is the Powerball jackpot?

By the numbers:

The Powerball jackpot will be the second highest lottery jackpot on record: an estimated $1.8 billion.

The prize ballooned after the lottery held more than 40 consecutive drawings without anyone matching all of the game's six numbers. Whenever a drawing fails to get a winner, the lottery rolls over the winnings.

MIAMI, FLORIDA - OCTOBER 04: Powerball tickets are seen on a counter after being purchased in a store on October 04, 2023 in Miami, Florida. Wednesday's Powerball drawing will be an approximately $1.2 billion jackpot.  (Photo by Joe Raedle/Getty Imag …

What are the odds of winning?

Big picture view:

The game's terrible odds of 1 in 292.2 million are designed to generate big jackpots and ever-larger prizes. There are three drawings each week.

The largest jackpot on record, $2.04 billion, was drawn in 2022 and went to a California ticket buyer.

The backstory:

No one has won the grand prize since May 31.

The $1.8 billion jackpot is for a winner who opts 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 $826.4 million.

Powerball tickets cost $2, and the game is offered in 45 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

The Source: The Associated Press contributed to this report. The information in this story comes from official Powerball lottery details, including announcements from the Florida Lottery draw studio, Powerball.com (where drawings are livestreamed), and historical records of past jackpots. It also draws on publicly available lottery data such as jackpot amounts, odds of winning, ticket costs, and payout options, as well as context from the 2022 record-breaking $2.04 billion jackpot. This story was reported from Los Angeles. 

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