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Powerball jackpot rises to an estimated $1.3 billion after no winning ticket sold
The Powerball jackpot has grown due to no winners since May 31, with odds of 1 in 292.2 million and a cash payout option of $589 million after taxes.
- On Monday night, the Powerball jackpot reached an estimated $1.2 billion after no ticket matched the top prize, with the next drawing set for Wednesday, Sep. 3, 2025.
- No one has won since May 31, 2025, and a 38-drawing streak without a top-prize match means the Powerball jackpot swelled to $1.3 billion.
- The odds are 1 in 292.2 million, and winners can choose a 30-year annuity or a lump-sum cash option of $589 million before taxes.
- After mandatory withholding and filing, winners may see their prize reduced by automatic federal withholding 24% and federal marginal rate possibly 37%, with state tax example New York 10.9%, while states without state lottery tax include Texas, Florida, California.
- This prize now ranks among the top 10 U.S. jackpots, trailing the $2.04 billion record won Nov. 7, 2022, by Edwin Castro.
65 Articles
65 Articles
Powerball jackpot climbs to $1.3 billion ahead of Wednesday, Sept. 3, drawing
MOORHEAD — There are many things that are more likely than winning the Powerball jackpot, but there is still a chance someone wins more than $1 billion in Wednesday night's drawing. The jackpot has climbed to $1.3 billion, the fifth largest in the game's history. While there has not been a jackpot winner yet, a gas station in Moorhead has seen thousands of winners over the last week, with some tickets climbing into six digits. "It's very fun to…
Powerball jackpot climbs to $1.3B as DC players fantasize about how they’d spend the prize
The Powerball jackpot has climbed to a staggering $1.3 billion after no one matched all the winning numbers Monday night. This is the fifth largest prize in Powerball history. The lump sum payment is about $589 million before taxes. At Tenley Market Liquor on Wisconsin Avenue, Powerball players told WTOP how they would spend the money if they won. Plenty of people were dreaming about big-ticket items, including cars, houses and vacations. But mo…
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