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Powerball Jackpot Update

Powerball reaches 750 million ahead of Monday drawing.

August 24, 2025 at 04:26 AM
blur 10th largest Powerball jackpot lined up for Monday drawing

The next chance to win this top ten Powerball prize arrives Monday night.

Powerball jackpot reaches 750 million ahead of Monday drawing

Saturday's Powerball drawing produced white balls 11, 14, 34, 47, 51 and Powerball 18. No ticket matched all six, but two tickets in Maine and New York hit all five white balls to win $1 million each. A third ticket in South Dakota matched the five white balls and, with the Power Play option, doubled to $2 million. There were also 31 tickets that won $50,000 and five that won $100,000.

Monday's jackpot is estimated at $750 million, with a cash option of about $338.6 million before taxes. Players pay $2 per play, with tickets sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. If won, the prize can be taken as an annuity of $750 million paid over 30 years or as a lump sum of about $338.6 million before taxes. The annuity pays one immediate payment followed by 29 annual payments that increase by 5 percent each year. The game began in 1992 and has since raised more than $36 billion for public programs. Drawings take place three times weekly at 10:59 p.m. ET and are broadcast from the Florida Lottery draw studio in Tallahassee, with live streams on Powerball.com. The overall odds of winning any prize are 1 in 24.9 and the jackpot odds are 1 in 292.2 million.

Key Takeaways

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The prize is in Powerball's top ten grand prizes.
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Monday's draw offers a choice between annuity and lump sum before taxes.
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Recent results included two $1 million winners and one $2 million winner with Power Play.
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Powerball tickets cost $2 per play and are sold nationwide.
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The jackpot odds are 1 in 292.2 million while any prize odds are 1 in 24.9.
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The game has directed more than $36 billion to public programs since 1992.

"The lump sum is far smaller than the headline prize"

explains payout option

"The dream outlives the odds for millions who buy tickets"

editorial takeaway

"Drawings keep public attention on state lotteries and their revenue"

contextual note

The appeal of a huge jackpot lies less in probability than in possibility. The draw acts as a shared ritual that invites everyday people to imagine a life change, even as the chance of winning stays tiny.

Public programs benefit from lottery revenue, but critics warn about gambling costs and the risk of chasing big payouts. Policymakers must balance that revenue with consumer protection and clear messaging about odds.

Highlights

  • A single ticket could change a life forever
  • The dream stays alive even with the odds
  • The money stays in the state where it is sold
  • Hope runs on a timer when the ball spins

As the draw approaches, the story remains the same: a dream collides with math in a game of chance.

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