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The Powerball jackpot has climbed to an estimated $707 million after nobody won the grand prize in Wednesday night’s drawing. That means Saturday’s drawing (August 1, 2026) had a massive prize up for grabs!
Important Point: The lump sum cash value — which is the amount you’d get if you take the money all at once instead of over 30 years — is $307.3 million before taxes. Most winners choose this option.
Here are the numbers drawn on Saturday night:
| Number Type | Numbers |
|---|---|
| White Balls | 6, 17, 27, 48, 50 |
| Red Powerball | 5 |
| Power Play Multiplier | 3x |
Note: The Power Play multiplier (3x) only applies to non-jackpot prizes. If you matched some numbers but not all, your winnings would be tripled!
Powerball drawings happen three times a week:
| Day | Drawing Time (Eastern) | Drawing Time (Pacific) |
|---|---|---|
| Monday | 10:59 PM | 7:59 PM |
| Wednesday | 10:59 PM | 7:59 PM |
| Saturday | 10:59 PM | 7:59 PM |
With each $2 ticket, you:
Powerball is sold in:
Important: The 5 states without Powerball are: Alabama, Alaska, Hawaii, Nevada, and Utah.
| Rank | Amount | Game | Date | Location(s) |
|---|---|---|---|---|
| 1 | $2.04 Billion | Powerball | Nov 7, 2022 | California |
| 2 | $1.817 Billion | Powerball | Dec 24, 2025 | Arkansas |
| 3 | $1.787 Billion | Powerball | Sept 6, 2025 | Missouri, Texas |
| 4 | $1.765 Billion | Powerball | Oct 11, 2023 | California |
| 5 | $1.602 Billion | Mega Millions | Aug 8, 2023 | Florida |
| 6 | $1.586 Billion | Powerball | Jan 13, 2016 | California, Florida, Tennessee |
| 7 | $1.537 Billion | Mega Millions | Oct 23, 2018 | South Carolina |
| 8 | $1.348 Billion | Mega Millions | Jan 13, 2023 | Maine |
| 9 | $1.337 Billion | Mega Millions | July 29, 2022 | Illinois |
| 10 | $1.326 Billion | Powerball | April 6, 2024 | Oregon |
Fun Fact: Powerball holds 6 of the top 10 spots!
The annuity pays the full $707 million over 30 yearly payments (increasing 5% each year). The cash option gives you $307.3 million upfront (before taxes). Most winners choose cash.
Yes! The IRS takes 24% federal tax immediately. You may owe more (up to 37% total) when you file your tax return. State taxes vary — some states have none, others take up to 10%+.
Depends on your state. Some states require winners to be public. Others (like Delaware, Kansas, Maryland, etc.) allow anonymity. Check your state’s rules before signing the ticket!
The jackpot rolls over and grows even bigger for the next drawing (Monday). This continues until someone matches all 6 numbers.
1 in 292.2 million. For comparison, you’re more likely to be struck by lightning — but someone does eventually win!
Good luck if you’re playing! Remember: only spend what you can afford to lose, and never treat the lottery as a financial plan.