This allows winners to grow their money through compound interest over a longer period of time.Įither way, Powerball suggests consulting a financial expert before you decide which option is best for you. That's just under half of the current jackpot of $800 million, according to Powerball's calculations.
A smaller lump sum that only includes money on hand from the sale of tickets for the drawing.The exact amount you win varies based on two payout options: