Powerball jackpot soars to $332 million for September 23 drawing - Here's what Wednesday night's winner could take home

The Powerball jackpot stands at an estimated $332 million for the upcoming drawing on Wednesday night. Winners have the option for an annuity paid over 30 years or a one-time lump sum payment. Previous Powerball drawings have resulted in record jackpots, including a $1.04 billion prize in August 2026. Taxes will significantly affect the actual amount received by winners after deductions.