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Powerball winning numbers drawn for $1.09 billion jackpot

Just over a week after a winning ticket was sold for a $1.13 billion Mega Millions jackpot, an estimated $1.09 billion is at stake in the Powerball drawing. The winning numbers in Wednesday evening’s drawing are 11, 38, 41, 62, 65 and Powerball 15.

It was not immediately clear whether any winning tickets had been sold.

A jackpot winner would have the option to have their winnings distributed as annual payments over 29 years or receive a one-time lump sum payment. The estimated cash value of the lump sum for Wednesday’s drawing was $527.3 million before taxes.

The last Powerball jackpot took place on New Year’s Day, when a single winning ticket in Michigan won an $842.2 million jackpot.

Players win the jackpot by matching the five white balls and the red Powerball. The odds of winning the Powerball jackpot are about 1 in 292.2 million, according to Powerball, but smaller prizes are available. The odds of winning a prize, the smallest of which is $4, are 1 in 24.87.

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