BOSTON – UPDATE: 12:00 P.M. 11/4/22: Saturday’s Powerball jackpot has now grown to an estimated $1.6 billion, the largest grand prize in world lottery history.
The cash option has now been estimated to reach $782.4 million.
The original story before the updated estimates can be found below:
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The Powerball jackpot continues to grow, as the drawing on Saturday, November 5 is estimated to have a grand prize of $1.5 billion.
If hit, it would be the third-largest jackpot in U.S. lottery history and the second-largest in the history of the Powerball game. The biggest jackpot in the country’s history was won back in 2016, when the Powerball prize was built up to $1.586 billion.
The estimated cash option of the latest jackpot is $745.9 million.
A $100,000 winning ticket for Wednesday’s drawing was purchased at Island Variety along Old South Road on Nantucket, as the buyer matched four out of five numbers plus the Powerball with a Power Play multiplier applied. It marked the second time within a week that a winning ticket totaling at least $50,000 was bought on the island.
Tickets for Saturday night’s Powerball drawing at 10:59 p.m. will be available until 9:50 p.m. at participating retailers for $2 each.
Officials with the Massachusetts State Lottery Commission are reminding residents to not get carried away when playing games, as tickets should be purchased responsibly and within their means.