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Powerball Jackpot Hits $1 Billion for Saturday Drawing

The eye‑popping figure reflects years of rule changes that lengthened odds to create longer rollover runs.

Overview

  • The prize is the seventh-largest Powerball jackpot and the second time the game has topped $1 billion in 2025.
  • A winner could take an estimated $461.3 million cash option before taxes or choose a 30-year annuity that rises 5% annually.
  • Saturday’s draw is set to be the 42nd in this run, tying the record for most consecutive drawings without a jackpot winner.
  • The odds of hitting the jackpot are 1 in 292.2 million, according to the Multi-State Lottery Association.
  • Three tickets in Maryland, Michigan and New Jersey matched five white balls in the previous drawing to win $1 million each.