Powerball Jackpot Grows To $174 Million

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Powerball ticket
In this photo, a woman holds a ticket for the Powerball lottery jackpot of $450 million in Los Angeles on Feb. 9, 2015.

The Powerball drawing on Wednesday night did not yield a grand prize winner for the estimated $161 million jackpot with a cash value of $116.1 million. 

The next drawing will take place on Saturday, and the jackpot will climb to an estimated $174 million with a $125.5 million cash option. 

The winning lottery numbers drawn on Wednesday, July 21, were 27, 28, 44, 67, 68 with a red Powerball of 11. The Power Play was 2X.

Although there were no grand prize winners for the latest Powerball drawing, some players became instant millionaires.

A player in Ohio and another in West Virginia hit the Match 5 and each won $1 million. If either player would have hit the Match 5 with a Power Play, they would have won $2 million each.

There were also several smaller monetary prizes that resulted from the Wednesday night Powerball drawing. 

There were 10 players who hit the Match 4 plus red Powerball and won $50,000 each. Meanwhile, two players hit the Match 4 plus red Powerball with a Power Play and won $100,000. 

The rest of the winnings from the latest lottery drawing ranged between $4 and $200. 

Lottery winners have the option of receiving their grand prize winnings through a one-time lump sum payment or an annuity. 

Players who choose the annuity receive an immediate payment followed by 29 annual payments that increase by 5% every year. 

Powerball can be played in 45 states, including Washington, D.C., as well as Puerto Rico and the U.S. Virgin Islands.

Powerball ticket

Photo: Reuters/Jonathan Alcorn

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