The excitement is building as the Powerball jackpot climbs to new heights, now reaching the ninth-largest jackpot in history.

With an estimated prize of $750 million, players across the United States are waiting for Saturday night's drawing, hoping to claim the grand prize.

According to the latest figures from lottery officials, this Powerball jackpot is only the second to exceed $600 million this year. With a cash option of $357.3 million, the potential payout is undoubtedly enticing.

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The last time the Powerball jackpot was won was on January 1, when a lucky ticket holder in Michigan matched all five white balls and the red Powerball to claim a staggering grand prize of $842.4 million. Since then, there have been 34 consecutive drawings without a jackpot winner, intensifying the anticipation surrounding this massive jackpot.

How to Play Powerball

To play Powerball, you will select five numbers ranging from 1 to 69, along with one Powerball number ranging from 1 to 26, or you can let the computer select the numbers for you. The jackpot is won by matching all six numbers on your ticket with the drawn six-number combination (including the Powerball).

The Odds of Winning the Powerball

Your odds of winning the jackpot prize in the Powerball are approximately 1 in 292.2 million.

RELATED: Rules Lottery Winners in New York Are Required To Follow

Cost of a Powerball Lottery Ticket

Each Powerball ticket costs $2.00. If you're not sure where to buy a Powerball ticket, you'll find your nearest retailer here.

Most Frequently Drawn Powerball Numbers

Everyone wants to know what the most frequently drawn Powerball numbers are and according to USA Today, they are: 61, 32, 63, 21, 36, 69, 23, 64, 39, and 37. However, it's important to remember that lottery draws are entirely random, and there is no guaranteed strategy for success.

MORE: "I'm Yoooolannnnda Vega!" Where Is New York's Lottery Icon Today?

How to Watch the Powerball Drawing

The Powerball lottery draw takes place in Tallahassee, Florida on Monday, Wednesday, and Saturday at 10:50 p.m. and you can watch the drawing here.

The Largest Powerball Jackpot

The largest Powerball jackpot in history stands at a staggering $2.04 billion, won on November 7, 2022, in California. Other notable jackpots include $1.765 billion in October 2023 (also won in California) and $1.586 billion in January 2016, claimed by winners from California, Florida, and Tennessee.

How To Protect Yourself And Your Money If You Win The Lottery

Whether you've recently won the lottery (or are planning to!), there are some things you should do right away to protect not only yourself but also your money. 

Gallery Credit: Traci Taylor

Check Out the Frivolous Things People Say They’d Spend Money on if They Won the Lottery

We asked people what frivolous thing they'd spend money on if they won the lottery (after all bills and such are paid, obviously) and their answers didn't disappoint!

Gallery Credit: Traci Taylor