The Powerball jackpot rose to $663 million—the second biggest lottery prize of the year so far—after no tickets matched all six numbers drawn on Wednesday night, although the eventual winner will take home a much smaller payout after taxes and deductions.
The Powerball jackpot soared to $663 million after Monday's drawing.
The six numbers drawn on Monday night were 6, 26, 46, 58, 65 and Red Powerball 25.
If a winner emerges in the next draw, they will have a choice between taking the $663 million split across 30 annual installments or a one-time cash prize of $290.4 million—the preferred pick for most winners.
If the cash prize is chosen, the winnings will first drop to $220.7 million after a mandatory 24% federal withholding is applied.
