The Brief If you beat the odds and win the $1.4 billion Powerball jackpot Wednesday, the amount of money you get will depend on where you live. Powerball players are buzzing about the massive $1.4 billion jackpot for Wednesday night’s drawing. The Powerball prize is the sixth-largest U.S. lottery jackpot. RELATED: Powerball jackpot hits $1.4B ahead of tonight's drawingBy the numbers:The $1.4 billion jackpot is for a winner who opts to receive 30 payments over 29 years through an annuity. Powerball jackpot payouts by stateLocal perspective:If you hit it big and win the jackpot, the amount of money you get will depend on where you live.