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4h ago

Powerball Jackpot Climbs to $1 Billion for Saturday’s Drawing

Bigger prizes have become more common as the games lengthened jackpot odds, expanded sales and benefited from higher interest rates used to calculate annuity values.

People wait in line to buy lottery tickets at the Lotto Store just inside the California state line, on September 3, near Primm, Nevada.
Joe Seismic, from Croatia, kisses a bluebird for good fortune after buying lottery tickets at the Bluebird Liquor store in Hawthorne, California, on September 5. The bird figurine has become a good luck symbol at the store.
A person passes by an electronic sign displaying a $1.4 billion jackpot in the Powerball lottery drawing in Queens, New York City, on September 3.
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Overview

  • Saturday’s drawing is set for 10:59 p.m. ET with an advertised $1 billion annuity and an estimated $461.3 million cash option before taxes.
  • The run has reached 42 drawings without a jackpot winner, tying the record for most consecutive rollovers reported in April 2024.
  • The prize ranks as the seventh-largest Powerball jackpot and the second to hit $1 billion this year, following September’s $1.787 billion win.
  • Tickets cost $2 and players pick five numbers from 1–69 plus a Powerball from 1–26, with jackpot odds of about 1 in 292.2 million.
  • This jackpot would be the 14th U.S. lottery prize of at least $1 billion and the 12th since 2021, reflecting steeper odds, pricing changes and near-nationwide availability.