The Powerball® jackpot, which has been rolling over throughout the summer, has officially become the game’s 10th largest grand prize in history, now estimated at an impressive $750 million. This staggering amount is accompanied by an estimated cash value of $338.6 million, making this an unmissable opportunity for lottery enthusiasts. The next chance to try for this top ten Powerball® jackpot will occur on Monday night.
In the latest drawing held on Saturday, August 23, the winning numbers were announced as follows: white balls 11, 14, 34, 47, 51, and the red Powerball 18. The Power Play® multiplier for this drawing was 2. While no players matched all six drawn numbers, there were significant wins: two tickets sold in Maine and New York matched all five white balls, each winning a fantastic $1 million prize. Additionally, a third ticket sold in South Dakota also matched all five white balls, but thanks to the inclusion of the Power Play® option for just $1 more, this ticket doubled its winnings to $2 million.
In total, Saturday's drawing saw 31 tickets winning $50,000 prizes, along with five tickets that secured $100,000 prizes. With Monday’s drawing marking the 37th consecutive draw since the jackpot was last claimed in California on May 31, 2025, excitement is building among players and fans alike.
If a player clinches the jackpot during Monday’s drawing, they will be faced with a choice between two prize options: an annuitized prize estimated at $750 million or a lump sum payment estimated at $338.6 million. Both of these prize amounts are calculated before taxes are applied. Those opting for the annuity will receive one immediate payment followed by 29 annual payments, each increasing by 5% each year. The cost of a Powerball® ticket is set at just $2 per play.
Powerball® tickets are available for purchase in 45 states, alongside the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. It's important to note that more than half of the proceeds generated from the sale of each Powerball ticket remain within the jurisdiction where the ticket was sold. Since its inception in 1992, the Powerball game has contributed over $36 billion to various 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 located in Tallahassee, Florida. For those unable to watch on television, the drawings are also live-streamed on Powerball.com.
The overall odds of winning any prize in the Powerball® game are 1 in 24.9, while the odds of hitting the jackpot stand at a staggering 1 in 292.2 million. As the anticipation builds for this historic jackpot, players across the nation are gearing up for their chance to win big.
