Powerball jackpot reaches $1 billion for Saturday drawing

The Powerball jackpot surged to an estimated 1 billion for Saturday night’s drawing, becoming the sixth-largest prize in the lottery’s 33-year history, officials said. The drawing will be broadcast live from the Florida Lottery studio in Tallahassee on Saturday, August 30, 2025, with tickets sold for 2 dollars across the 45 participating states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.

Powerball officials said the advertised annuity jackpot stands at 1 billion, with a one-time cash option estimated at about 453.1 million before taxes. The odds of matching all five white balls plus the red Powerball are 1 in 292.2 million, and the overall chance of winning any prize is roughly 1 in 24.9, lottery organizers said. Winners can choose a 30-year annuity or the immediate lump-sum cash payment; both options are subject to federal withholding and state taxes that vary by jurisdiction.

The jackpot climbed after no ticket matched all six numbers in Wednesday’s drawing, which produced several million-dollar prizes but no grand prize claimant. Wednesday’s winning numbers were 9, 12, 22, 41 and 61, with Powerball 25, and the draw included multiple secondary winners,...