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The escalating Powerball jackpot is now part of an elite group of monumental lottery prizes in U.S. history.
WASHINGTON — The Powerball jackpot is surging to unprecedented levels, now estimated at $1.60 billion, following the lack of a winner in the December 20 draw. This staggering amount ranks among the top five largest jackpots in U.S. lottery history. If someone secures a winning ticket with all six numbers, they stand to receive a cash payout of approximately $735.3 million.
This monumental jackpot crowns an exceptional year for the lottery. In 2025 alone, Powerball has witnessed three significant wins: a colossal $1.8 billion prize claimed in September, a $526.5 million victory in California in March, and a $328.5 million jackpot won in Oregon in January.
The current jackpot represents a unique milestone for the game, marking only the second occurrence in Powerball history where consecutive jackpots have surpassed the $1 billion mark. The previous instance occurred in 2023 with a $1.08 billion jackpot in July, followed by a $1.765 billion prize in October. The jackpot has been accumulating since September 6, when the odds-defying luck of two winners came into play, standing at 1 in 292.2 million.
With the upcoming draw, this jackpot is now documented as the fourth-largest in the history of Powerball and the fifth-largest across all U.S. lotteries, as per official lottery records.
What are the largest Powerball jackpots?
The seven largest Powerball wins have all surpassed $1 billion. Powerball lottery games have potentially huge jackpots because they are played in multiple states.
- $2.04 billion – Nov. 7, 2022 – CA
- $1.8 billion – Sept. 6, 2025 – MO, TX
- $1.765 billion – Oct. 11, 2023 – CA
- $1.60 billion (est.) – Dec. 22, 2025
- $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 – Jan. 1, 2024 – MI
- $768.4 million – March 27, 2019 – WI
- $758.7 million – Aug. 23, 2017 – MA
What are the largest U.S. lottery jackpots?
- $2.04 billion – Powerball – Nov. 7, 2022 – CA
- $1.787 billion – Powerball – Sept. 6, 2025 – MO, TX
- $1.765 billion – Powerball – Oct. 11, 2023 – CA
- $1.602 billion – Mega Millions – Aug. 8, 2023 – FL
- $1.60 billion (est.) – Powerball – Dec. 22, 2025
- $1.586 billion – Powerball – Jan. 13, 2016 – CA, FL, TN
- $1.537 billion – Mega Millions – Oct. 23, 2018 – SC
- $1.348 billion – Mega Millions – Jan. 13, 2023 – ME
- $1.337 billion – Mega Millions – July 29, 2022 – IL
- $1.326 billion – Powerball – April 6, 2024 – OR
When is the Powerball drawing?
The Powerball drawing takes place live at 10:59 p.m. ET every Monday, Wednesday and Saturday. The next drawing takes place Monday, Dec. 22.
How much is a Powerball ticket?
If you’re looking to test your luck, you can grab a ticket for $2 in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.
