Powerball drawing tonight for $300 million jackpot

BOSTON — Tonight's Powerball jackpot sits at an esitmated $300 million, and several people locally are hoping to cash in.

If there is a winner tonight a lump sum payout would be approximately $130 million after state and federal taxes are taken out.

The Powerball drawing tonight will take place at 10:59 p.m.

The odds of winning the jackpot are 1 in 292,201,338.

But you don't have to hit the jackpot to cash in. If you match the Powerball number alone, you win $4.

For more on Powerball prizes and odds, click here.

Cox Media Group