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Powerball Jackpot Reaches $1.4 Billion as Rollover Streak Nears Record

A winner would pick a $634 million cash option or a 30-year annuity, with taxes significantly cutting the payout.

Overview

  • Wednesday’s drawing is the 41st since the May 31 win, one short of the all-time 42-draw streak set in 2024.
  • The pot grew after Monday’s numbers — 8, 23, 25, 40, 53 and Powerball 5 (Power Play 3) — produced no jackpot winner.
  • High-tier prizes from Monday included two $2 million Power Play winners in Montana and North Carolina and ten $1 million winners in California, Florida, Kentucky, Massachusetts, Michigan, New Jersey, New York, Pennsylvania and Virginia.
  • At an estimated $1.4 billion (annuity), the prize ranks as the fourth-largest Powerball jackpot and the sixth-largest U.S. lottery jackpot, according to officials.
  • The cash option is estimated at $634 million before taxes, with 24% federal withholding upfront and a potential top federal rate of about 37% plus variable state taxes; the odds of winning the jackpot are about 1 in 292.2 million, with $2 tickets sold in 45 states plus D.C., Puerto Rico and the U.S. Virgin Islands.