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Powerball Jackpot Hits $1 Billion for Saturday Night Drawing

Higher Mega Millions ticket prices have steered players to Powerball, boosting rollover growth.

Overview

  • The drawing is scheduled for 10:59 p.m. ET on Dec. 13, with $2 tickets sold in 45 states as well as D.C., Puerto Rico and the U.S. Virgin Islands.
  • It is the 14th U.S. lottery jackpot to reach $1 billion and the second to do so in 2025.
  • The advertised figure reflects a 30-year annuity, while reported lump-sum estimates range from about $457.7 million to $461.3 million before taxes.
  • Wednesday’s drawing yielded three $1 million winners who matched five numbers but not the red Powerball.
  • After Mega Millions raised its ticket price to $5 in April, LottoReport data show Powerball has sold far more tickets and generated greater revenue.