The Powerball jackpot continues to climb, reaching $1.25 billion for Wednesday night’s drawing after no winning ticket was selected Monday. The cash value of the jackpot is estimated at $572.1 million.
Record-Breaking Run
This latest surge marks only the second time in Powerball history that the game has seen back-to-back billion-dollar jackpots, according to Matt Strawn, Iowa Lottery CEO and Powerball Product Group Chair. He noted, “Powerball has only seen back-to-back to billion-dollar jackpots twice, and this one has arrived just in time for the holidays.” Monday’s drawing was the 43rd consecutive drawing without a winner, setting a new game record for the longest run in a single jackpot cycle.
The winning numbers from Monday’s drawing were 59-68-63-23-35 with a Powerball of 2. The last Powerball jackpot was won on September 6, when tickets sold in Missouri and Texas split a $1.787 billion prize.
Understanding the Odds
Despite the enticing prize, the odds of winning the Powerball jackpot remain extremely low, at 1 in over 292 million. Tickets cost $2 per play and are available in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. More than half of the revenue generated from ticket sales stays within the jurisdiction where the ticket was purchased.
Top Powerball Jackpots
Here are the ten largest Powerball jackpots in history:
- $2.04 billion – Nov. 7, 2022 – CA
- $1.787 billion – Sept. 6, 2025 – MO, TX
- $1.765 billion – Oct. 11, 2023 – CA
- $1.586 billion – Jan. 13, 2016 – CA, FL, TN
- $1.326 billion – April 6, 2024 – OR
- $1.08 billion – July 19, 2023 – CA
- $842.4 million – January 1, 2024 – MI
- $768.4 million – March 27, 2019 – WI
- $758.7 million – Aug. 23, 2017 – MA
- $754.6 million – Feb. 6, 2023 – WA
Frequently Asked Questions
What are the odds of winning the Powerball jackpot?
The odds of winning the Powerball jackpot are 1 in over 292 million, according to Powerball.
Where can I watch the Powerball drawings?
Powerball drawings are streamed live every Monday, Wednesday, and Saturday at 10:59 p.m. ET.
How are New York Lottery proceeds used?
The New York Lottery contributes $3.7 billion in Lottery Aid to Education annually, distributed to local school districts based on size and income level.
As the jackpot continues to grow, will you purchase a ticket for Wednesday’s drawing, or will you leave it to chance?
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