Summary
The Powerball jackpot has reached an estimated $1.5 billion, making it one of the largest in the game's history. The upcoming draw is set for December 20, 2025, and the jackpot has been growing after 45 drawings without a winner.
Key Facts
- The Powerball jackpot is estimated at $1.5 billion, the fifth-largest ever.
- A lump sum cash payout option is available at approximately $686.5 million.
- This jackpot follows 45 drawings without a winner.
- The last major jackpot of $1.787 billion was won in September by players in Missouri and Texas.
- Odds of winning the jackpot are very low, at 1 in 292.2 million.
- Powerball tickets are sold in 45 U.S. states and other regions like D.C. and Puerto Rico.
- Powerball draws happen every Monday, Wednesday, and Saturday at 10:59 p.m. ET.
- Winners can choose between an annuitized prize or a lump sum, before taxes.