When Is The Next Powerball Jackpot Drawing? Where To Watch And How To Buy Tickets

For those who may have been let down because they didn’t win the $500 million Powerball jackpot Wednesday, the next chance to win -- and win much more -- is not far off. At 11 p.m. EST Saturday, ticket holders will be able to watch again to see whether they won the huge pot, now valued at a record-high $700 million, WJBF-TV in Augusta, Georgia reported.

New numbers are picked every Wednesday and Saturday night, and this weekend’s prize will be the biggest it's been in about a year since winners claimed a $564.1 million prize last February, WLS-TV in Chicago reported. The $700 million jackpot is the biggest jackpot in U.S. lottery history, and could see players from 44 states, Washington, D.C., the U.S. Virgin Islands and Puerto Rico competing for the ultimate cash win.

While the drawing may seem close, players can try to get a ticket almost up until the time of the drawing, Market Watch reported. Ticket sales are expected to stop around 10 p.m. in most places, but some states may decide to end the sales sooner.

If you do win, however, it's best to think about your spending habits before frittering your earnings on the lifestyle you've always dreamed of. About 1,900 lottery winners are bankrupt five years after they won the lottery, a study in the Review of Economics and Statistics said.

For the excitement of watching the numbers being drawn live, Powerball offers a live stream through an app available on the Apple Store and on Google Play. Of course the drawings will be available on local television stations, but finding the exact station will be a little taxing, as the drawing is broadcast on different stations in nearly every state.

Powerball offers a list of all the stations that broadcast the number reveal live. If you can’t get to a screen to watch the drawing, Powerball also prints the winning numbers online.