The Powerball Jackpot has climbed to $332 million for the September 23, Wednesday drawing following the failure of any player to match all the five white balls along with the red Powerball number in the last draw. This new lottery provides players another chance of making a life-changing win. The announced amount of $332 million jackpot is the annuity prize money paid over 30 years. One may also opt for a one-time cash prize money, which is estimated to be worth $141.7 million. Both amounts are before federal taxes and any state taxes that may apply.