Powerball Jackpot Reaches $1.5 Billion: Fifth Largest in History
The upcoming Powerball jackpot is estimated to be a staggering $1.5 billion, making it the fifth largest in the game's history and the seventh largest among U.S. lottery jackpots, which includes Mega Millions. The draw for the six numbers will take place at 10:59 p.m. in Tallahassee, with live-streaming available on Powerball.com on Monday, Wednesday, and Saturday. The odds of winning the jackpot are 1 in 292.2 million, while the overall odds of winning a prize stand at 1 in 24.9.
Winners of the jackpot can opt for a 30-year annuitized prize or a lump sum payment, which is estimated at $686.5 million before taxes. The jackpot has been growing as no ticket matched all six numbers drawn in the previous draw, which consisted of white balls 25, 33, 53, 62, 66, and red Powerball 17 with a Power Play multiplier of 4. The Powerball game has contributed over $37 billion to various good causes supported by U.S. lotteries since its inception in 1992.
The Powerball jackpot has seen several record-breaking wins, with the top jackpots including $2.04 billion in 2022, $1.787 billion in 2025, $1.765 billion in 2023, $1.602 billion in 2023, $1.586 billion in 2016, $1.537 billion in 2018, $1.348 billion in 2023, $1.337 billion in 2022, $1.326 billion in 2024, and $1.269 billion in 2024. The game has witnessed back-to-back jackpots exceeding $1 billion only twice in its history, with the most recent occurrence being in 2023. The Powerball jackpot continues to grow with each ticket sold, offering players a chance at a life-changing windfall.