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The Powerball jackpot is soaring to unprecedented levels, standing at an estimated $1.60 billion after no ticket matched all numbers in the December 20 draw. This staggering amount ranks it among the top five largest lottery prizes in U.S. history.
Since a couple of winners managed to defy the astronomical odds of 1 in 292.2 million on September 6, the jackpot has continued to grow. Should a single ticket holder match all six numbers in the upcoming draw, they could walk away with a cash prize estimated at $735.3 million.
This year has already seen some significant Powerball wins. In September, a massive $1.8 billion jackpot was claimed, followed by a $526.5 million prize in California in March and a $328.5 million win in Oregon in January.
For those feeling lucky and eager to participate, here’s what you need to know about the next Powerball drawing.
If you’re looking to test your luck, here’s what to know about the next drawing.
When is the next Powerball drawing?
The next Powerball drawing takes place on Monday, Dec. 22 live at 10:59 p.m. ET. The prize currently sits at $1.6 billion. Drawings happen every Monday, Wednesday and Saturday.Â
How much is a Powerball ticket?
You can grab a ticket for $2 in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.
What are the largest Powerball jackpots?Â
The seven largest Powerball wins have all surpassed $1 billion. Powerball lottery games have potentially huge jackpots because they are played in multiple states.Â
- $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 – January 1, 2024 – MI
- $768.4 million – March 27, 2019 – WI
- $758.7 million – Aug. 23, 2017 – MA