2025-08-31
Powerball jackpot climbs to $1.10 billion after no winner in Saturday drawing
The Powerball jackpot has leaped to $1.10 billion after there were no big grand prize winners in Saturday’s drawing.Wednesday’s winning numbers are 3, 18, 22, 27, 33 with a red Powerball of 17 and a PowerPlay multiplier of 3. That resulted in three $2 million winners in Colorado, Indiana and New Hampshire and nine $1 million winners in Florida, Connecticut, Illinois, Massachusetts, Pensilvania and 4 in California.The $1.10 billion jackpot is for an annuity option, paid over 30 years. Winners almost always opt for the lump-sum cash prize, which for Powerball would be $498.4 million cash.This is the seventh Powerball jackpot to hit the $1-billion mark in the lottery’s 33-year history.The prize is subject to taxes, which includes an automatic withholding tax of 24% levied against the winnings, and another 13% in federal taxes when you file your 2025 return.There are also state taxes in some jurisdictions, which range from 2.9% to 10.9% depending on the state you live in. But if you’re lucky enough to live in California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington or Wyoming, you won’t pay taxes on your winnings.LotteryAug 22How to play Powerball: Which numbers are drawn the most?Mega millionsJan 31, 2024What to know about playing the lottery (from a math professor who won)The next Powerball drawing is on Monday, Sep. 1, 2025.No one has won Powerball’s jackpot since May 31, 2025, a stretch of 38 consecutive drawings without anyone matching the game’s six numbers. Before that, the jackpot was hit eleven times, however, the winnings were all under $600 million.Saturday’s $1.10 billion prize is significant but still doesn’t crack the top 10 of the largest lottery jackpots in the U.S. when including Mega Millions.The largest lottery jackpot in U.S. history stands at $2.04 billion and was won by a single Powerball ticket in California on Nov. 7, 2022. The winner, Edwin Castro, came forward in early 2023 after months of speculation.The reason for the jackpot drought is simple: The odds of winning the top prize are miserable, at 1 in 292.2 million. It’s those odds that create the large jackpots that are designed to attract attention and drive up sales.Powerball is played in 45 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands. Drawings are held at 10:59 p.m. EST at the Florida Lottery studio in Tallahassee.This story uses functionality that may not work in our app. Click here to open the story in your web browser.
