At $1.2 billion, Powerball jackpot is now third-biggest ever: When is the next drawing?

The Powerball jackpot has now climbed to $1.2 billion, making it the third-largest jackpot in the lottery's history. The next drawing will be held on Wednesday, October 4th at 10:59 PM ET.

With a jackpot this large, it's no wonder that people from all over the country are buying tickets in hopes of becoming an overnight millionaire. But with odds of winning the jackpot at 1 in 292,201,338, it's important to remember that playing the lottery is a form of entertainment, not a way to get rich quick.

Still, if you're feeling lucky, there's no harm in buying a ticket or two. Just be sure to set a budget and only spend money that you can afford to lose.

Here are some interesting facts about the Powerball jackpot:

The largest Powerball jackpot ever was $2.04 billion, which was won in California in November 2022.

The second-largest Powerball jackpot ever was $1.586 billion, which was won in California, Florida, and Tennessee in January 2016.

The Powerball jackpot has rolled over 38 times since it last hit in July 2023.

The odds of winning the Powerball jackpot are 1 in 292,201,338.

If you do happen to win the Powerball jackpot, be sure to seek financial advice from a qualified professional. With so much money at stake, it's important to make sure that you're making wise decisions about how to manage your newfound wealth.

Good luck!