The Powerball® jackpot has continued its ascent this summer, reaching an estimated $856 million for the next drawing on Saturday night. The jackpot has an estimated cash value of $372.0 million.
The growing prize now ranks as the eighth-largest jackpot in Powerball history.
The Powerball jackpot has been building for months. The grand prize was last won on May 2, when two tickets in Florida and Texas split a $20 million jackpot. Since then, there have been 41 consecutive drawings without a jackpot winner, making Saturday night’s drawing the 42nd draw in the current jackpot run.
The current jackpot run has already produced 36 Match 5 winners, including an Ohio Lottery player who scored a $1 million prize in last Wednesday’s drawing.
If a player from a participating U.S. lottery wins the jackpot, they may choose to receive the prize as an annuity, paid in 30 graduated payments over 29 years, or as a lump-sum payment. Both prize options are before taxes.
Powerball tickets cost $2 per play and are sold in 45 U.S. states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands and the United Kingdom.
More than half of every $2 Powerball ticket purchase remains in the jurisdiction where it is sold, helping fund public programs and services that benefit local communities. Since 1992, Powerball has generated an estimated $38 billion for good causes, including education and scholarships, veteran services, parks and recreation, and more.
Powerball drawings are broadcast live every Monday, Wednesday and Saturday at 10:59 p.m. ET from the Powerball draw studio in Florida and streamed live 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
- $1.817 Billion – Dec. 24, 2025 - AR
- $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
- $856 Million (est.) – Aug. 8, 2026
- $842.4 Million – Jan. 1, 2024 – MI
- $768.4 Million – March 27, 2019 – WI
2026 Powerball Jackpot Winners
- Jan. 21, 2026 - $209.3 Million – North Carolina
- March 2, 2026 - $250.8 Million – Arkansas
- April 6, 2026 - $230.8 Million – Delaware
- April 29, 2026 - $143 Million – Indiana, Kansas
- May 2, 2026 - $20 Million – Florida, Texas