Powerball Jackpot Hits $1 Billion for Second Time in 2025
As 2025 draws to a close, the Powerball jackpot has soared to an impressive $1 billion. This staggering prize will be on the line during Saturday night’s drawing. If a ticket holder claims the jackpot, they could choose an upfront cash payout of approximately $457.7 million before taxes.
Powerball’s Billion-Dollar Milestone
This marks the second occasion in 2025 that the Powerball has reached at least $1 billion. Previously, on September 6, a significant jackpot of $1.787 billion was split among winners in Missouri and Texas. This amount is recorded as the second-largest jackpot in the history of Powerball, surpassed only by the record-breaking $2.04 billion drawn on November 7, 2022.
Winning Streaks and Historical Context
A win this Saturday would signify the seventh-largest jackpot in Powerball’s extensive history. Additionally, it would conclude a noteworthy 41-day streak without a jackpot winner. This run is tied for the longest duration without a winner, matching a winless stretch that ended on April 6, 2024, when a ticket purchased in Oregon won a $1.3 billion prize.
Powerball Game Overview
The $2 Powerball game is actively played across 45 states, including the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Over the past two decades, the game has undergone multiple changes designed to increase jackpot amounts and attract a broader audience of participants.
Odds of Winning
The odds of winning the Powerball jackpot remain a staggering 1 in 292.2 million. According to the Multi-State Lottery Association, these probabilities underscore the rarity of hitting the jackpot.
Upcoming Drawing Details
The next drawing is scheduled for 10:59 p.m. ET on Saturday. Players are urged to purchase their tickets ahead of time for a chance to win this monumental prize.
