Sept. 4 (UPI) -- The Powerball jackpot has risen to $1.7 billion after no one matched all five numbers and the red ball on Wednesday. Saturday's Powerball is the third-largest jackpot in U.S. lottery history, falling behind the Nov. 7, 2022, jackpot of $2.04 billion and $1.765 billion on Oct. 11, 2023. The winner will receive the option of a lump sum payment estimated at $770.3 million or 29 payments that increase by 5% each year. Wednesday winning numbers were white balls 3, 16, 29, 61, 69 and