Powerball® is on track to deliver the ultimate holiday cheer, with tonight’s jackpot climbing to an estimated $930 million. The jackpot carries an estimated cash value of $429.0 million.
Tonight’s jackpot ranks as the seventh largest in Powerball history and the game’s second-biggest prize this year, behind only the $1.787 billion jackpot won on Sept. 6 in Missouri and Texas.
“This Powerball jackpot has been snowballing for three months, but that doesn’t mean players aren’t winning,” said Matt Strawn, Powerball Product Group Chair and Iowa Lottery CEO. “Nearly 700 tickets have won prizes of $50,000 or more, totaling more than $109 million, including 32 winning tickets in last Monday’s drawing alone.”
Tonight’s drawing will be broadcast live from the Florida Lottery draw studio in Tallahassee, Fla at 10:59 p.m. ET and live streamed on Powerball.com.
If a player wins tonight’s jackpot, they will have the choice between an annuitized prize estimated at $930 million or a lump sum payment estimated at $429 million. Both prize options are before taxes. If the winner selects the annuity option, they will receive one immediate payment followed by 29 annual payments that increase by 5-percent each year.
Tonight’s drawing marks the 41st in the current jackpot run. The Powerball jackpot was last won on Sept. 6 by two tickets in Missouri and Texas that split a $1.787 billion prize.
Powerball® tickets are $2 per play. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. More than half of all proceeds from the sale of a Powerball ticket remain in the jurisdiction where the ticket was sold. Since its first drawing in 1992, the Powerball game has helped generate more than $37 billion for 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 in Tallahassee, Fla. Powerball drawings are also live streamed on Powerball.com.
The overall odds of winning a prize are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million.
Top Ten Powerball® Jackpots
- $2.04 Billion – Nov. 7, 2022 – CA
- $1.787 Billion – Sept. 6, 2025 – MO, TX
- $1.765 Billion – Oct. 11, 2023 - CA
- $1.586 Billion – Jan. 13, 2016 – CA, FL, TN
- $1.326 Billion – April 6, 2024 – OR
- $1.08 Billion – July 19, 2023 – CA
- $930 Million est. – Dec 10, 2025
- $842.4 Million – January 1, 2024 – MI
- $768.4 Million – March 27, 2019 – WI
- $758.7 Million – Aug. 23, 2017 – MA