Key Facts

• An Arkansas player won a $1.817 billion Powerball jackpot on Christmas Eve.
• This jackpot is the second-largest lottery prize ever won.
• The winner has the option to take a lump-sum cash payment of $834.9 million.
• This is the second time a Powerball jackpot ticket was sold in Arkansas.
• The largest Powerball prize was $2.04 billion, won in California in 2022.
• To win, a ticket must match all five white balls and the red Powerball.
• Powerball tickets cost $2 each, with jackpot odds at 1 in 292.2 million.
• Winners can choose between a lump-sum payment or a 29-year annuity.
• Federal taxes apply, ranging from 24% to 37%, plus state taxes in most cases.