BOSTON (WHDH) - The Powerball jackpot for Wednesday’s drawing has increased to $700 million, with a $335.7 million cash option. If hit, this would mark the fifth-largest jackpot in the game’s history and the eighth-largest in U.S. lottery history.

This jackpot is also the largest since Jan. 20, 2021, when a Maryland resident won a $731.1 million prize. This is the 36th drawing since the jackpot was last hit on Aug. 3, when a $206.9 million jackpot went to a Pennsylvania player.

The Massachusetts State Lottery Commission is also running a promotion through Oct. 30. With the purchase of $5 or more of any draw or monitor game on a single ticket, Mass Lottery customers could win a free $1 Quic Pic ticket for a Mass Lottery game. According to Mass Lottery, a Randolph player won $100,000 on Oct. 7 from a free promotional ticket she received while playing Keno.

Powerball tickets are $2 each, and can be purchased until 9:50 p.m. Wednesday at Mass Lottery sites statewide. Drawings are held every Monday, Wednesday and Saturday at 10:59 p.m. in Tallahassee, Florida.

The top 10 U.S. lottery jackpots are:

1.           $1.586 billion                1/13/2016        California, Florida, Tennessee        Powerball

2.           $1.537 billion                10/23/2018      South Carolina                                           Mega Millions

3.           $1.337 billion                7/29/2022        Illinois                                                           Mega Millions

4.           $1.05 billion                   1/22/2021        Michigan                                                      Mega Millions

5.           $768.4 million               3/27/2019        Wisconsin                                                    Powerball

6.           $758.7 million               8/23/2017        Massachusetts                                           Powerball

7.           $731.1 million               1/20/2021        Maryland                                                     Powerball

8.           $700 million (est.)        10/26/2022      ?                                                                      Powerball

9.           $699.8 million               10/04/2021      California                                                     Powerball

10.        $687.8 million               10/27/2018      Iowa, New York                                          Powerball

(Copyright (c) 2026 Sunbeam Television. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

Join our Newsletter for the latest news right to your inbox