TRENTON, NJ - The Powerball jackpot for Wednesday August 23 is $700 million. This is the second largest jackpot in Powerball history. The cash value of the winning ticket is $443.3 million. 

“The excitement and public awareness created by the increased jackpot is a good time to remind players to play responsibly. Yearlong, the New Jersey Lottery promotes responsible play through its cooperation with the Council on Compulsive Gambling of NJ and by promoting the helpline 1-800-GAMBLER® phone number on all Lottery marketing and advertising material. I will once again remind players to bet with their heads and not over it, “said Carole Hedinger, executive director, New Jersey Lottery.

Powerball is played in 47 jurisdictions (44 states, Washington D.C., Puerto Rico, and Virgin Islands), and is not played in Alabama, Alaska, Hawaii, Mississippi, Nevada, or Utah. Players select 5 numbers from 1-69 and 1 Powerball number from 1-26. The odds of hitting the jackpot are 1 in 292 million. The odds of winning any prize are 1 in 25.