The current jackpot offers two payment options. A winner can choose the advertised annuity prize of $238 million, paid out over 30 years through annual installments, or take a lump-sum cash option estimated at $106.

The Powerball jackpot rose to $238 million with a cash value of $106.1 million ahead of the Wednesday, June 10, drawing. Since launching in 1992, Powerball jackpots have been hit more than 400 times.

On Wednesday, June 10, 2026, the Powerball jackpot was almost $240 million or just over $106 million if a winning player chooses a one-time lump sum.