WASHINGTON — The Powerball jackpot climbed to an estimated $750 million for the drawing on Monday night, inching closer to a billion-dollar jackpot. 

The prize carries a lump sum cash value of $338.6 million, which is the option most winners choose over the full prize as an annuity. 

Players also have a chance to win $1 million, or $2 million with the Power Play option, if they match all five regular numbers but not the Powerball. 

Saturday’s winning numbers were 16-19-34-37-64 and Powerball 22. The Power Play multiplier was 3x. 

If a winner matches all five numbers and the Powerball, they have the option to take the full jackpot paid out over 30 years, or a smaller cash payout. Winners almost always take the cash option.

Even with the smaller lump sum payout, federal taxes will eat into those winnings, and some states also tax big lottery prizes. 

The odds of winning the Powerball jackpot are one in 292.2 million. The odds of matching all five white balls and winning the $1 million prize are 1 in 11,688,053. The overall odds of winning a prize are 1 in 24.87.

The Powerball drawing takes place live at 10:59 p.m. ET every Monday, Wednesday and Saturday. Tickets, which cost $2 per play, are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.

While the eye-popping $700 million jackpot is certainly life-changing money, it still wouldn’t crack the top 10 largest Powerball wins.

1. $2.04 Billion – Nov. 7, 2022 – CA
2. $1.765 Billion – Oct. 11, 2023 – CA
3. $1.586 Billion – Jan. 13, 2016 – CA, FL, TN
4. $1.326 Billion – April 6, 2024 – OR
5. $1.08 Billion – July 19, 2023 – CA
6. $842.4 Million – January 1, 2024 – MI
7. $768.4 Million – March 27, 2019 – WI
8. $758.7 Million – Aug. 23, 2017 – MA
9. $754.6 Million – Feb. 6, 2023 – WA
10. Est. $750 Million – Aug. 25, 2025