Powerball® Jackpot Soars to $1 Billion for Saturday’s Drawing
Powerball® is generating excitement this week as the jackpot surges to an estimated $1 billion for Saturday’s drawing. This impressive amount comes with a cash value of approximately $461.3 million. The upcoming jackpot ranks as the seventh largest in the history of Powerball.
Recent Jackpot History
For context, this is the second time this year that the Powerball jackpot has reached the $1 billion mark. The previous record was a staggering $1.787 billion, which was won on September 6 in Missouri and Texas.
Winning Numbers and Recent Draws
The most recent drawing saw no tickets matched all six numbers drawn. The winning numbers included: 10, 16, 29, 33, 69, and the red Powerball number 22. The Power Play® multiplier for this draw was set at 3X.
Despite no jackpot winners, three tickets sold in Maryland, Michigan, and New Jersey matched all five white balls, each earning $1 million.
Upcoming Drawing Details
Saturday’s drawing will mark the 42nd in the current jackpot cycle, which ties the record for the most consecutive draws without a jackpot winner.
If someone wins the jackpot this Saturday, they have two choices: an annuitized prize of $1 billion or a lump sum of $461.3 million, both amounts subject to taxes. The annuity option consists of one immediate payout followed by 29 annual increments, with a 5% increase each year.
Powerball Ticket Information
- Cost per ticket: $2
- Availability: Sold in 45 states, plus the District of Columbia, Puerto Rico, and the U.S. Virgin Islands
- Revenue: Over half of ticket sales contribute to local jurisdictions
Powerball’s Impact
Since its inception in 1992, the Powerball game has raised over $37 billion for various good causes across the United States. The drawings occur live every Monday, Wednesday, and Saturday at 10:59 p.m. ET, originating from the Florida Lottery draw studio in Tallahassee. Viewers can also watch the draws live on Powerball.com.
Odds of Winning
The overall odds of winning any prize in Powerball stand at 1 in 24.9. The odds of hitting the jackpot are significantly lower, at 1 in 292.2 million.
Top Powerball Jackpots
| Jackpot Amount | Date | Location(s) |
|---|---|---|
| $2.04 Billion | Nov. 7, 2022 | California |
| $1.787 Billion | Sept. 6, 2025 | Missouri, Texas |
| $1.765 Billion | Oct. 11, 2023 | California |
| $1.586 Billion | Jan. 13, 2016 | California, Florida, Tennessee |
| $1.326 Billion | April 6, 2024 | Oregon |
| $1.08 Billion | July 19, 2023 | California |
| $1 Billion Est. | Dec. 13, 2025 | N/A |
| $842.4 Million | Jan. 1, 2024 | Michigan |
| $768.4 Million | March 27, 2019 | Wisconsin |
| $758.7 Million | Aug. 23, 2017 | Massachusetts |
As players eagerly await Saturday’s drawing, the anticipation continues to grow. Who knows? This could be the moment that changes someone’s life forever!
