Powerball Jackpot Estimated at $69 Million

The Powerball lottery jackpot has reached an estimated $69 million, with the drawing taking place on August 31, 2024. This marks the fifth consecutive drawing without a jackpot winner, following a $44 million win in Pennsylvania on August 19. Players have a 1 in 292.2 million chance of winning the jackpot for a $2 ticket, while overall odds of winning any prize stand at 1 in 24.9. The cash option for the jackpot winner would be approximately $34.1 million. Powerball drawings occur three times a week, and players can enhance their winnings with the Power Play feature for an additional $1. The Mega Millions jackpot is also notable, reaching $681 million for an upcoming drawing.