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Powerball Jackpot Hits $1 Billion for Tonight’s Drawing

The billion-dollar prize follows 39 drawings without a winner.

Overview

  • The drawing is set for 10:59 p.m. ET from the Florida Lottery studio in Tallahassee.
  • The cash option is estimated at $453.1 million, with an alternative 30-year annuity subject to federal and possible state taxes.
  • The odds of winning the jackpot are 1 in 292,201,338, and the chance of any prize is 1 in 24.87.
  • Tickets cost $2 and can be bought at retail locations nationwide, with online purchases available in some states via official portals or apps such as Jackpocket.
  • The prize ranks as the largest U.S. lottery jackpot of 2025 so far and the sixth-biggest in Powerball history, with recent drawings producing million-dollar winners including a ticket in Texas.