Powerball jackpot hits $1.8 billion, becoming second largest in US history - WNKY News 40 Television

Powerball winning numbers announced for estimated $1.8 billion jackpot

Saturday's jackpot has an estimated cash value of $826.4 million, Powerball said.

Here’s how much the Powerball winner will owe in taxes after the $1.8 billion jackpot

The Powerball jackpot has soared to a staggering estimated $1.8 billion — but the lucky winner will have to fork over about $198 million in taxes from the gargantuan prize.

Powerball jackpot hits $1.8 billion, becoming second largest in US history - WNKY News 40 Television

Powerball lottery tickets signs are seen at the lottery vending machine in a convenience store in Northbrook, Ill., Wednesday, Sept. 3, 2025.(AP Photo/Nam Y. Huh)(CNN) – The Powerball jackpot has now grown to $1.8 billion. This makes it the second largest jackpot in United States lottery history. The current jackpot has been rolling over ever since the last winner on...

The Powerball jackpot is $1.8 billion. Here's how much you'll take home after taxes

The jackpot for Saturday’s Powerball drawing has jumped to $1.8 billion, the second largest grand prize in U.S. lottery history. The nearly $2 billion jackpot is for a single-winning ticket who choose an annuity option, paid over 30 years. Winners almost always opt for cash prizes, which would be $826.4 million — before taxes. However, the windfall would significantly shrink after taxes. Federal taxes on lottery winnings The prize is subject to …

Powerball Jackpot Hits $1.8 Billion. Here’s The Tax Bill If You Win

It’s the second-highest grand prize in U.S. lottery history, behind the $2.04 billion jackpot won in November 2022.