The Powerball® jackpot is closing in on the billion-dollar mark. The Powerball jackpot is now estimated at $950 million for the next drawing on Saturday night, according to the Multi-State Lottery Association. The jackpot has an estimated cash value of $428.9 million.
Saturday’s jackpot ranks as the game’s sixth-largest prize and the biggest advertised jackpot in more than a year.
The Powerball jackpot rolled after no ticket matched all six number drawn Wednesday night – white balls 9, 12, 22, 41, 61 and red Powerball 25. The Power Play® multiplier was 4.
Six tickets won prizes worth $1 million or more in Wednesday's Powerball drawing, after matching all five white balls. The $1 million-winning tickets were sold in Arizona, New York and Virginia. Three tickets in Mississippi, Ohio and Virginia increased their winnings to $2 million by including the Power Play option for $1 more.
There were also 40 tickets that won $50,000 prizes and ten tickets that won $200,000 prizes.
In the Double Play® drawing, a ticket in South Dakota won a $500,000 prize after matching all five black balls. Double Play® is a $1 add-on feature that allows players to play their Powerball numbers, again, in a separate drawing for a chance to win up to $10 million. Double Play drawings are live streamed on Powerball.com after the main drawing.
Saturday’s Powerball drawing will be the 39th drawing since the jackpot was last won in California on May 31, 2025.
If a player wins Saturday’s jackpot, they will have the choice between an annuitized prize estimated at $950 million or a lump sum payment estimated at $428.9 million. Both prize options are before taxes. If the winner selects the annuity option, they will receive one immediate payment followed by 29 annual payments that increase by 5-percent each year.
Powerball® tickets are $2 per play. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. More than half of all proceeds from the sale of a Powerball ticket remain in the jurisdiction where the ticket was sold. Since its first drawing in 1992, the Powerball game has helped generate more than $36 billion for good causes supported by U.S. lotteries.
Powerball drawings are broadcast live every Monday, Wednesday and Saturday at 10:59 p.m. ET from the Florida Lottery draw studio in Tallahassee, Fla. Powerball drawings are also live streamed on Powerball.com.
The overall odds of winning a prize are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million.
Top Ten Powerball® Jackpots
- $2.04 Billion – Nov. 7, 2022 – CA
- $1.765 Billion – Oct. 11, 2023 - CA
- $1.586 Billion – Jan. 13, 2016 – CA, FL, TN
- $1.326 Billion – April 6, 2024 - OR
- $1.08 Billion – July 19, 2023 – CA
- $950 Million (estimated) – Aug. 30, 2025
- $842.4 Million – January 1, 2024 – MI
- $768.4 Million – March 27, 2019 – WI
- $758.7 Million – Aug. 23, 2017 – MA
- $754.6 Million – Feb. 6, 2023 - WA