The current jackpot offers two payment options. A winner can choose the advertised annuity prize of $238 million, paid out over 30 years through annual installments, or take a lump-sum cash option estimated at $106.

On Wednesday, June 10, 2026, the Powerball jackpot was almost $240 million or just over $106 million if a winning player chooses a one-time lump sum.

The Powerball jackpot rose to $238 million with a cash value of $106.1 million ahead of the Wednesday, June 10, drawing. Since launching in 1992, Powerball jackpots have been hit more than 400 times.

Powerball: See the winning numbers in Monday’s $225 million drawing Jun. 8, 2026, 11:34 p.m. Powerball is held in 45 states, the District of Columbia, the U.S. Virgin Islands and Puerto Rico. The Double Play add-on feature is available for purchase in 13 lottery jurisdictions, including Pennsylvania and Michigan.

The Rolling Cash 5 jackpot for the next drawing is $100,000 for hitting all five numbers and the odds of winning are 1-in-575,757. Drawings for Pick 3, Pick 4 and Pick 5 are twice daily, at 12:29 p.m.