The odds of winning the jackpot are a whopping 292.2 million.

WASHINGTON — The near-record Powerball jackpot soared to $825 million ahead of Saturday night’s drawing.

Saturday’s winning numbers: 19-31-40-46-57, Powerball: 23, Power Play: 3

The $825 million Powerball jackpot is a game the second largest prize in history and the fifth largest in US history. There have been no top prize winners since Aug. 3 — that’s 36 consecutive drawings without a big winner.

The probability of winning the jackpot is equal a whopping one in 292.2 million. The long odds are designed to limit the number of jackpot winners, which in turn increases the jackpot.

Jackpot winners who choose to receive their fortunes through an annuity paid annually for 29 years. Almost all of the winners are picking up the cash, which will total approximately $410.2 million in Saturday’s drawing.

These winnings will also be subject to federal taxes. Many states also tax lottery winnings.

Powerball is played in 45 states as well as Washington, DC, Puerto Rico and the US Virgin Islands.

Powerball holds the world record for the largest jackpot with a whopping $1.586 billion won in 2016. This prize was shared between winners in Tennessee, Florida and California.

RELATED: How One Lottery Winning Couple Avoided the Troubles and Tragedies That Affected Other Big Winners

10 Biggest US Lottery Jackpots

  1. $1.586 billion, Powerball, January 13, 2016 (three tickets from California, Florida and Tennessee)
  2. $1.537 billion, Mega Millions, October 23, 2018 (one ticket, from South Carolina)
  3. $1.337 billion, Mega Millions, July 29, 2022 (one ticket, from Illinois)
  4. $1.05 billion, Mega Millions, January 22, 2021 (one ticket, from Michigan)
  5. $825 million (estimate) Powerball, October 29, 2022
  6. $768.4 million, Powerball, March 27, 2019 (one ticket, from Wisconsin)
  7. $758.7 million, Powerball, August 23, 2017 (one ticket, from Massachusetts)
  8. $731.1 million, Powerball, January 20, 2021 (one ticket, from Maryland)
  9. $687.8 million, Powerball, October 27, 2018 (two tickets, from Iowa and New York)
  10. $656 million, Mega Millions, March 30, 2012 (three tickets from Kansas, Illinois and Maryland)

Powerball jackpot winners can receive an annuity payment that is paid over 29 years or a lump sum payment. There were five Powerball jackpot winners in 2022.

RELATED: Winners of the $1.3 billion Mega Millions jackpot claim their prize

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