Powerball drawing for 12/04/21, Saturday jackpot is $278 million

Saturday night's 12/04/21 Powerball jackpot is worth $278 million, with a cash-value option worth $196.6 million.

The total jackpot could increase depending on the number of tickets sold around the country prior to the drawing.

The last grand prize winner was for a $699.8 million jackpot on 10/04/2021 for a ticket sold in California, which reset the game to the $20 million minimum. Previous to the last four winners, the last winning Powerball ticket was sold on Wednesday, January 20, 2021, in Maryland for the $730 million jackpot. It was the fourth-largest jackpot in the game's history. The previous winning ticket was sold back on August 12, 2020 for a jackpot worth $169 million. That ticket was sold in Florida.

The odds of hitting the grand prize jackpot are 1 in 292,201,338, regardless of the jackpot size—according to Powerball's website.

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