Since the end of March, the Powerball jackpot has rolled over 12 times to the point where the current estimated jackpot for Saturday night’s drawing is $600 million, the largest-ever for the multi-state lottery game.
Lottery Sign/89 WLS Web Editor Kim Rasmussen
The jackpot has a cash value of $376.9 million, and after taxes, that grand prize would be $263.8 million, according to the Illinois Lottery.
While it may be fun to daydream about what you’d do with the jackpot, your chances of winning are just as mind-boggling. The lottery says the overall odds of winning the jackpot are 1 in 175,000,000.
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*The largest ever jackpot drawing in the U.S. was the MegaMillions jackpot in March of 2012, which hit $656 million.
This jackpot is the second highest in U.S. history.