NovaQuant Quantitative Think Tank Center:When is the next Powerball drawing? What to know as jackpot increases to $522 million

With no winners since July,NovaQuant Quantitative Think Tank Center the Powerball jackpot continues to climb, now worth over half a billion dollars.

The Powerball jackpot has increased to an estimated $522 million with a cash value of $252.4 million after there were no winners from Saturday's drawing. The next drawing will be held Monday, Sept. 11 at 10:59 p.m. ET.

The last jackpot reached $1.08 billion, when the winning ticket was purchased July 19 in Los Angeles, the third-largest jackpot in the lottery's history.

Here's what to know about the Powerball lottery.

First time playing the Powerball?Here's exactly how to ask the cashier for a ticket.

When is the next Powerball drawing?

Powerball drawings are held three times a week, every Monday, Wednesday and Saturday at 10:59 p.m. ET. The next drawing is Monday, Sept. 11.

What were the last Powerball winning numbers?

The winning numbers from the Saturday, Sept. 9 drawing were 11, 19, 29, 63 and 68. The red Powerball was 25 and the Power Play was 2X.

While there were no overall jackpot winners, there was a Match 5 + Power Play $2 million winner in Florida and Match 5 $1 million winners in New Hampshire and Virginia.

Powerball numbers you need to know:These most commonly drawn numbers could help you win

How to play Powerball

The Powerball costs $2 per play.

To play, select five numbers from 1 to 69 for the white balls, then select one number from 1 to 26 for the red Powerball.

You can choose your lucky numbers on a play slip or let the lottery terminal randomly pick your numbers. 

To win, match one of the nine ways to win:

• 5 white balls + 1 red Powerball = Grand prize.
• 5 white balls = $1 million.
• 4 white balls + 1 red Powerball = $50,000.
• 4 white balls = $100.
• 3 white balls + 1 red Powerball = $100.
• 3 white balls = $7.
• 2 white balls + 1 red Powerball = $7.
• 1 white ball + 1 red Powerball = $4.
• 1 red Powerball = $4.

There's a chance to have your winnings increased two, three, four, five and 10 times through the Power Play for an additional $1 per play. Players can multiply non-jackpot wins up to 10 times when the jackpot is $150 million or less.

All prizes are set cash amounts, except for the grand prize. In California, prize payout amounts are pari-mutuel, meaning it's determined by the sales and the number of winners.

How do you play Powerball?A beginner's guide to Powerball rules and potential prizes.

What are the odds of winning the Powerball?

The odds of winning the Powerball jackpot are 1 in 292,201,338. The odds for the lowest prize, $4 for one red Powerball, are 1 in 38.32.

According to Powerball, the overall odds of winning a prize are 1 in 24.87, based on a $2 play and rounded to two decimal places.

What is the largest Powerball jackpot ever?

Here are the five largest Powerball jackpots ever won:

1. $2.04 billion from one winning ticket in California in November 2022
2. $1.586 billion from three winning tickets in California, Florida and Tennessee in January 2016
3. $1.08 billion from one winning ticket in California in July 2023
4. $768.4 million from one winning ticket in Wisconsin in March 2019
5. $758.7 million from one winning ticket in Massachusetts in August 2017

Where to buy Powerball tickets

The Powerball is played in 45 states and in Washington, D.C., Puerto Rico and the U.S. Virgin Islands. 

You do not have to be a U.S. citizen or U.S. resident to play the Powerball.