Powerball jackpot exceeding $100 million.
The Powerball jackpot has surpassed $100 million ahead of the next drawing on August 5th.
The current jackpot is $127 million.
The last winning ticket was sold in Florida on June 5th.
The odds of winning the Powerball jackpot are 1 in 292.2 million.
Players can purchase tickets up until 9:59 p.m. on the day of the drawing.
The Powerball drawing takes place every Wednesday and Saturday at 10:59 p.m. ET.
If there is no winner, the jackpot will continue to roll over and increase in value for the next drawing.