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1h ago

Powerball Jackpot Reaches $605 Million for August 18 Drawing

It stands as the biggest Powerball jackpot this year after more than 30 drawings without a grand prize winner.

A customer purchases a Powerball lottery ticket at the Brew Market & Cafe on October 10, 2023 in Austin, Texas.
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Overview

  • The upcoming drawing on Monday, August 18, offers an estimated $605 million jackpot with a lump-sum cash option of about $273.4 million.
  • No ticket matched all six numbers in Saturday’s drawing (23, 40, 49, 65, 69, Powerball 23), extending the streak to 32 rollovers since the last jackpot win on May 31.
  • Powerball tickets cost $2 and the odds of winning the grand prize are roughly 1 in 292.2 million, with drawings held Monday, Wednesday and Saturday at 10:59 p.m. Eastern Time.
  • Players can pay extra for Power Play or Double Play to boost non-jackpot prizes and choose between a 30-year annuity or the available lump-sum payout if they win.
  • Earlier jackpot wins this year and recent price changes to Mega Millions have slowed the race to billion-dollar prizes, even as nearly 50 players have claimed $1 million or more in Powerball prizes this summer.