Wednesday night's Powerball drawing has an estimated jackpot of $1.4 billion, but the actual amount a winner collects depends on factors including state taxes.

The Powerball jackpot rose to a $1.1 billion jackpot after no tickets matched all six numbers in Saturday's drawing. The next drawing is set for Labor Day.

The Powerball jackpot climbed to a new high of an estimated $1.3 billion for Wednesday night's drawing, after no winner came forward on Labor Day.

The Wednesday, Sept. 3 Powerball jackpot is at $1.3 billion, making it the fifth-largest in the game’s history.

Most winners choose the lump sum payout over a 29-year annuity, but hefty taxes and inflation steadily eat away at prize money.

The jackpot prize for Wednesday night's Powerball draw is the sixth-largest U.S. lottery jackpot of all time.

Wednesday night's Powerball drawing has an estimated jackpot of $1.4 billion, but the actual amount a winner collects depends on factors including state taxes.

The Powerball drawing continues to grow since the last jackpot winner back in May.

Since May 31, there have been 41 straight drawings without a big winner.

Americans are eagerly awaiting the next Powerball drawing in hopes of winning an estimated $1.7 billion. What to know about the Powerball jackpot.

The jackpot has soared to $1.7 billion after 42 straight drawings without a winner.

Amid a historic run, the Powerball jackpot continues to rise as the Saturday, Sept. 6, pot now stands at a staggering $1.80 billion.

The Powerball jackpot soared to an estimated $1.8 billion on Friday. Here's what the winner can expect to pay in taxes.

The Powerball drawing that will start on Saturday, Sept. 6, at 10:59 p.m. ET will be for a massive $1.8 billion jackpot.