”​open image in gallery The next Powerball prize has been valued at just under $1 billion ( Getty )In the previous draw, the prize stood at $905m with the winning numbers being 6, 37, 54, 55, 64. However, if the lump-sum is selected, a 24 percent federal withholding is applied to the winnings which would see Wednesday’s prize value drop to around $320m. Some states also apply additional taxes to lottery winnings.​The largest Powerball jackpot ever won was worth $2.04bn, after one lucky person purchased a ticket in California in 2022. ​A Powerball winner would have to overcome steep odds, though, to take home the massive prize. ​According to Powerball, the odds of winning the grand prize stand at just one in 292,201,338