Home News Powerball Jackpot Rolls to Est. $441 Million for Final Drawing on Wednesday

Powerball Jackpot Rolls to Est. $441 Million for Final Drawing on Wednesday


POWERBALL® is offering players an estimated jackpot of $441 million for the Wednesday, Dec. 29 drawing – the final Powerball drawing of 2021. The jackpot has a cash value of $317.5 million.

Monday’s drawing produced two winning Match 5 + Power Play tickets worth $2 million each in Florida and New Jersey. There was also a winning Match 5 ticket worth $1 million sold in Florida.

The Powerball jackpot was last hit in California in the Oct. 4, 2021 drawing when a single ticket won a massive $699.8 million grand prize. Since then, there have been 36 drawings in a row without a jackpot winner.

The current jackpot run has created 30 winning Match 5 tickets ($1 million), 9 winning Match 5 + Power Play tickets ($2 million), and more than 19.3 million winning tickets across all prize tiers.

Powerball tickets are $2 per play. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. More than half of all proceeds from the sale of a Powerball ticket remain in the jurisdiction where the ticket was sold. Powerball drawings are broadcast live every Monday, Wednesday and Saturday at 10:59 p.m. ET from the Florida Lottery draw studio in Tallahassee. Powerball drawings are also live streamed online at Powerball.com.

Jackpot winners may choose to receive their prize as an annuity, paid in 30 graduated payments over 29 years, or a lump sum payment. Both advertised prize options are prior to federal and jurisdictional taxes.  The overall odds of winning a prize are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million.

To date, Powerball holds the world record for largest jackpot set in 2016. The record $1.586 billion jackpot was shared by winners in California, Florida and Tennessee.