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Reading: Powerball jackpot will increase to $1.7B, third-largest prize in recreation’s historical past
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The Wall Street Publication > Blog > Lifestyle > Powerball jackpot will increase to $1.7B, third-largest prize in recreation’s historical past
Lifestyle

Powerball jackpot will increase to $1.7B, third-largest prize in recreation’s historical past

Editorial Board Published September 4, 2025
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Powerball jackpot will increase to .7B, third-largest prize in recreation’s historical past
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The Powerball jackpot sits at an estimated $1.7 billion forward of Saturday evening’s drawing, making it the third-largest prize within the recreation’s historical past.

The pot grew after no ticket matched all six numbers from Wednesday evening’s drawing. It now has an estimated money worth of $770.3 million, based on the lottery.

The white balls drawn on Wednesday had been 3, 16, 29, 61 and 69. The pink Powerball was 22.

VIRGINIA WOMAN TAKES HOME SEVEN-FIGURE SUM AFTER PURCHASING ‘WRONG’ LOTTERY TICKET

The Powerball jackpot has risen to an estimated $1.7 billion after no tickets matched the numbers drawn for the $1.4 billion grand prize on Wednesday. (Photograph Illustration by Thomas Fuller/SOPA Photographs/LightRocket by way of Getty Photographs / Getty Photographs)

Eleven winners nationwide scored a $1-million prize after matching all 5 white balls. These tickets had been offered in California (two), Colorado, Florida, Georgia (two), Illinois, Maryland, Minnesota, Ohio and Pennsylvania. 

4 gamers in Michigan, Oregon, Texas and Wyoming elevated their winnings to $2 million by choosing the Energy Play possibility for $1 extra.

When a fortunate participant does win the jackpot, they’ll obtain the cash in annual installments or a lump sum cost. If the annuity possibility is chosen, the participant receives a direct cost adopted by 29 annual funds that enhance by 5% yearly.

Powerball ticket seen in store

Whereas the grand prize was not gained on Wednesday, 11 folks nationwide gained $1 million prizes for matching all 5 white balls and 4 folks nationwide gained $2 million prizes for doing the identical with the Energy Play possibility chosen. (William Thomas Cain/Getty Photographs / Getty Photographs)

The winner will stroll away with a lot much less after a 37% federal tax price, primarily based on IRS estimates.

LOTTERY COMPANY SENT INACCURATE NOTIFICATIONS OF MASSIVE WINNINGS TO ‘THOUSANDS’

Some winners may also face a state tax starting from 3% to 11%, although California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming do not tax lottery winnings. 

The jackpot was most lately gained on Could 31, 2025, in California. There have been 33 consecutive drawings with out a grand prize winner since then.

2025 Powerball jackpotsMay 31: $204.5 million in CaliforniaApril 26: $167.3 million in KentuckyMarch 29: $526.5 million in CaliforniaJan. 18: $328.5 million in Oregon Powerball

The following Powerball drawing will happen on Saturday, Sept. 6. Gamers have a 1 in 292.2 million probability of successful the grand prize. (GIORGIO VIERA/AFP by way of Getty Photographs / Getty Photographs)

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The percentages of successful a prize are 1 in 24.9, whereas the chances of successful the jackpot are 1 in 292.2 million, based on Powerball.

The following drawing is on Saturday, Sept. 6, at 10:59 p.m. ET.

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