Powerball Jackpot Reaches $1.6 Billion | Fox Business
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The Powerball jackpot has reached an astonishing estimated $1.6 billion ahead of Monday night’s drawing, marking it as the fifth-largest prize in U.S. lottery history. This impressive sum has garnered significant attention, especially after no ticket matched all six numbers from Saturday night’s drawing.
The winning numbers from that drawing were 4, 5, 28, 52, and 69, with the red Powerball being 20 and the Power Play multiplier set at 3. As a result, the jackpot has now accumulated an estimated cash value of $735.3 million, according to the lottery officials.
AMERICANS SURGE TOWARD FINANCIAL RESOLUTIONS FOR 2026 AMID HOUSEHOLD BUDGET CONCERNS
The Powerball jackpot is now the fifth-largest in U.S. lottery history. (Brandon Bell/Getty Images)
The odds of winning any prize in Powerball stand at 1 in 24.9, while the odds of hitting the jackpot are a staggering 1 in 292.2 million. Despite the lack of a jackpot winner in the latest drawing, eight tickets successfully matched all five white balls. These winning Match 5 tickets were sold across various states, including California, Florida, Iowa, Massachusetts, Michigan (two tickets), New Hampshire, and Ohio.
Monday’s drawing is set to be the fourth-largest in Powerball history, marking the 46th drawing in the current jackpot run. This streak has set a record for the most drawings in a single jackpot cycle.
POWERBALL JACKPOT SKYROCKETS ABOVE $1B AFTER PRIZE GOES UNCLAIMED
The odds of winning a prize are 1 in 24.9, while the odds of hitting the jackpot are 1 in 292.2 million. (CatLane)
The last time the Powerball jackpot was won was on September 6, when two tickets in Missouri and Texas shared a whopping $1.787 billion prize. The winner of the current jackpot will have the option to choose between a lump sum payment estimated at $735.3 million or an annuitized prize totaling approximately $1.6 billion, both amounts before taxes.
SINGLE TICKET SOLD IN GEORGIA CAPTURES $980M MEGA MILLIONS JACKPOT
If the winner opts for the annuitized prize, they will receive one immediate payment followed by 29 annual payments that increase by 5% each year.
The Powerball jackpot now has an estimated cash value of $735.3 million, according to the lottery. (Reuters/Andrew Kelly)
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Powerball tickets are available in 45 states, Washington, D.C., Puerto Rico, and the U.S. Virgin Islands. Drawings take place three times a week, specifically on Monday, Wednesday, and Saturday.
The biggest U.S. lottery jackpots:
- $2.04 billion – Powerball; Nov. 7, 2022 – California
- $1.787 billion – Powerball; Sept. 6, 2025 – Missouri, Texas
- $1.765 billion – Powerball; Oct. 11, 2023 – California
- $1.602 billion – Mega Millions; Aug. 8, 2023 – Florida
- $1.6 billion – Powerball; Dec. 22, 2025 (current prize, estimated jackpot)
- $1.586 billion – Powerball; Jan. 13, 2016 – California, Florida, Tennessee
- $1.537 billion – Mega Millions; Oct. 23, 2018 – South Carolina
- $1.348 billion – Mega Millions; Jan. 13, 2023 – Maine
- $1.337 billion – Mega Millions; July 29, 2022 – Illinois
- $1.326 billion – Powerball; April 6, 2024 – Oregon
Check out what’s clicking on FoxBusiness.com.
The Powerball jackpot has reached an astonishing estimated $1.6 billion ahead of Monday night’s drawing, marking it as the fifth-largest prize in U.S. lottery history. This impressive sum has garnered significant attention, especially after no ticket matched all six numbers from Saturday night’s drawing.
The winning numbers from that drawing were 4, 5, 28, 52, and 69, with the red Powerball being 20 and the Power Play multiplier set at 3. As a result, the jackpot has now accumulated an estimated cash value of $735.3 million, according to the lottery officials.
AMERICANS SURGE TOWARD FINANCIAL RESOLUTIONS FOR 2026 AMID HOUSEHOLD BUDGET CONCERNS
The Powerball jackpot is now the fifth-largest in U.S. lottery history. (Brandon Bell/Getty Images)
The odds of winning any prize in Powerball stand at 1 in 24.9, while the odds of hitting the jackpot are a staggering 1 in 292.2 million. Despite the lack of a jackpot winner in the latest drawing, eight tickets successfully matched all five white balls. These winning Match 5 tickets were sold across various states, including California, Florida, Iowa, Massachusetts, Michigan (two tickets), New Hampshire, and Ohio.
Monday’s drawing is set to be the fourth-largest in Powerball history, marking the 46th drawing in the current jackpot run. This streak has set a record for the most drawings in a single jackpot cycle.
POWERBALL JACKPOT SKYROCKETS ABOVE $1B AFTER PRIZE GOES UNCLAIMED
The odds of winning a prize are 1 in 24.9, while the odds of hitting the jackpot are 1 in 292.2 million. (CatLane)
The last time the Powerball jackpot was won was on September 6, when two tickets in Missouri and Texas shared a whopping $1.787 billion prize. The winner of the current jackpot will have the option to choose between a lump sum payment estimated at $735.3 million or an annuitized prize totaling approximately $1.6 billion, both amounts before taxes.
SINGLE TICKET SOLD IN GEORGIA CAPTURES $980M MEGA MILLIONS JACKPOT
If the winner opts for the annuitized prize, they will receive one immediate payment followed by 29 annual payments that increase by 5% each year.
The Powerball jackpot now has an estimated cash value of $735.3 million, according to the lottery. (Reuters/Andrew Kelly)
GET FOX BUSINESS ON THE GO BY CLICKING HERE
Powerball tickets are available in 45 states, Washington, D.C., Puerto Rico, and the U.S. Virgin Islands. Drawings take place three times a week, specifically on Monday, Wednesday, and Saturday.
The biggest U.S. lottery jackpots:
- $2.04 billion – Powerball; Nov. 7, 2022 – California
- $1.787 billion – Powerball; Sept. 6, 2025 – Missouri, Texas
- $1.765 billion – Powerball; Oct. 11, 2023 – California
- $1.602 billion – Mega Millions; Aug. 8, 2023 – Florida
- $1.6 billion – Powerball; Dec. 22, 2025 (current prize, estimated jackpot)
- $1.586 billion – Powerball; Jan. 13, 2016 – California, Florida, Tennessee
- $1.537 billion – Mega Millions; Oct. 23, 2018 – South Carolina
- $1.348 billion – Mega Millions; Jan. 13, 2023 – Maine
- $1.337 billion – Mega Millions; July 29, 2022 – Illinois
- $1.326 billion – Powerball; April 6, 2024 – Oregon
