Powerball jackpot at $1 billion: Buy your tickets for Wednesday’s drawing now

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Powerball jackpot at $1 billion: Buy your tickets for Wednesday’s drawing now
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The Powerball jackpot has been steadily rising over the past few weeks. Earlier this month, it was at a respectable $675 million. As the month went on, however, the jackpot rose further without a winner in sight.

That trend continues today, though this time the Powerball has reached a huge milestone. The jackpot now sits at an estimated $1 billion.

The next drawing is tomorrow at 10:59 p.m. ET, which means Michigan players can get in on the action.

Michigan allows lottery players to play online. This means you don’t have to leave the comfort of your home to purchase a ticket for the drawing.

To sign up, just click our link and plug in the promo code MLive when prompted. This will get you a special 50% deposit match worth up to $100.

The amount of your first deposit determines how much bonus credit you’ll get. For example, a $200 deposit (or more) would get you the full $100 credit, because the Michigan Lottery will match half of your deposit.

Say you deposit $100. In that case, you’ll get a $50 match. You can make the bonus work within your budget and still get something.

The Powerball is a game run by the Multi-state Lottery Association. The first Powerball drawing was held in 1992. From then on, Powerball drawings took place twice each week. Then in 2021, the Multi-State Lottery Association added a third weekly drawing, which is the structure we have today.

Drawings for the Powerball jackpot take place on Monday, Wednesday, and Saturday nights at 10:59 p.m. ET.

The game is very simple, and the structure has been largely the same since its inception. Players select five numbers between 1 and 69 for the white balls, then one number between 1 and 26 for the red Powerball. Matching all five white balls and the red Powerball wins a player the jackpot.

Powerball jackpot winners have two options for collecting. One is a lump sum payment, which will be immediate but overall come out to slightly less money. The second option is a graduated annuity paid out over the course of 30 years, with each yearly payment increasing by 5%. To get your lottery ticket and start dreaming about your jackpot, .

Michigan Lottery games are available online, but that’s just the beginning for online gambling enthusiasts.

A few years ago, Michigan passed legislation that authorized many different forms of online gambling in one fell swoop. Among the options made legal were online casinos, online sportsbooks, online poker, and daily fantasy sports.

Now, Michigan is a veritable online gambling hub, with dozens of platforms available to players who live there or are just visiting.

Sidelines Group provides MLive with original sports betting, lottery and casino content including odds, analysis, predictions and reviews to educate bettors. Please bet responsibly.

If you have a gambling problem and are located in Michigan, call 1-800-GAMBLER or 1-800-270-7117 or you can visit the Michigan Gaming Control Board’s website at https://www.michigan.gov/mgcb.