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Powerball jackpot rises to an estimated $1.3 billion after no winning ticket sold

The Powerball jackpot has grown due to no winners since May 31, with odds of 1 in 292.2 million and a cash payout option of $589 million after taxes.

  • On Monday night, the Powerball jackpot reached an estimated $1.2 billion after no ticket matched the top prize, with the next drawing set for Wednesday, Sep. 3, 2025.
  • No one has won since May 31, 2025, and a 38-drawing streak without a top-prize match means the Powerball jackpot swelled to $1.3 billion.
  • The odds are 1 in 292.2 million, and winners can choose a 30-year annuity or a lump-sum cash option of $589 million before taxes.
  • After mandatory withholding and filing, winners may see their prize reduced by automatic federal withholding 24% and federal marginal rate possibly 37%, with state tax example New York 10.9%, while states without state lottery tax include Texas, Florida, California.
  • This prize now ranks among the top 10 U.S. jackpots, trailing the $2.04 billion record won Nov. 7, 2022, by Edwin Castro.
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Powerball, an American lottery at the record $1.3 billion jackpot, attracts the French, but do we really have the right to play outside the United States?

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NBC LA broke the news in Los Angeles, United States on Monday, September 1, 2025.
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