Powerball Jackpot Soars to $930 Million After Latest Drawing Lacks Winner
The Powerball jackpot has reached an astonishing $930 million following Monday night’s drawing, where no winners emerged. This marks a significant increase from the earlier estimated jackpot of $875 million.
Recent Powerball Drawing Details
In the most recent drawing, the winning numbers were 8, 32, 52, 56, 64, and the Powerball was 23. Lottery officials confirmed that this current jackpot stands as one of the largest in history.
Understanding the Jackpot Value
The estimated cash value for the $930 million jackpot is approximately $429 million. This amount reflects what a winner could take home if they opt for a lump sum payout.
Historical Context
The last time a Powerball jackpot was won was in September, when two separate tickets in Missouri and Texas shared a whopping $1.787 billion prize. The chances of winning the jackpot remain incredibly slim, with odds set at 1 in 292.2 million.
Winning Options for Players
A winner of the Powerball jackpot can choose between two payment options:
- Lump-Sum Payment: A one-time payment of the cash value.
- Annuity Option: One immediate payment followed by 29 annual payments, increasing by 5% each year.
Both prize options are subject to taxes.
Details about Powerball Tickets
Tickets for the Powerball are priced at $2 per play and are available in 45 states, along with the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.
Top Powerball Jackpots in History
Below is a list of the top 10 Powerball jackpots, including their winning states:
| Rank | Jackpot Amount | Date | Winning State(s) |
|---|---|---|---|
| 1 | $2.04 billion | Nov. 7, 2022 | California |
| 2 | $1.787 billion | Sept. 6, 2025 | Missouri, Texas |
| 3 | $1.765 billion | Oct. 11, 2023 | California |
| 4 | $1.586 billion | Jan. 13, 2016 | California, Florida, Tennessee |
| 5 | $1.326 billion | April 6, 2024 | Oregon |
| 6 | $1.08 billion | July 19, 2023 | California |
| 7 | $875 million | Current Estimated | – |
| 8 | $842.4 million | Jan. 1, 2024 | Michigan |
| 9 | $768.4 million | March 27, 2019 | Wisconsin |
| 10 | $758.7 million | Aug. 23, 2017 | Massachusetts |
The latest Powerball jackpot presents an exciting opportunity for participants as they dream of a life-changing win.
