Powerball Jackpot Is Biggest of All Time

The Powerball jackpot is the largest of all time and closing in on $2 billion after rolling over again on Saturday night.

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A record jackpot was on offer in the drawing on November 5, after it was recalculated from its initial estimate of $1.5 billion to its final figure of $1.656 billion.

There were 16 players who matched all five main numbers, and another (from Kentucky) who added the Power Play to double their payout to $2 million. But nobody was able to add the Powerball as well, so the grand prize has jumped up again for Monday’s drawing.

The advertised annuity value of Monday’s jackpot is $1.9 billion, and strong ticket sales could potentially lift it up to the $2 billion barrier.

It is only the second time in history that Powerball has topped $1 billion, in comparison to three for Mega Millions, but Powerball can now boast the two biggest jackpots ever seen anywhere in the world.

Three players split $1.58 billion on Powerball back in January 2016 - John and Lisa Robinson from Munford in Tennessee, David Kaltschmidt and Maureen Smith from Melbourne Beach in Florida, and Marvin and Mae Acosta from Chino Hills in California.

All three winners in 2016 decided to take the lump sum, which is generally the preferred option for most players. Take a look at the Jackpot Analysis and Tax Calculator to see how much you would take home if you won the current jackpot, depending on where you live and whether you would choose the cash or the annuity.

You can also find out more about playing Powerball where you live by going to the Participating States page. See the cut-off time and discover how long you have to claim prizes.

Make sure to take part before Monday’s cut-off time and get yourself a ticket. When there were only two draws a week, you would have had to wait until Wednesday to find out if you’re a winner, but since August 2021 you have had three chances a week to land the jackpot. It could be that the record jackpot gets won on Monday, or it could yet grow even higher.

Published: Monday, November 7, 2022
Updated: Monday, November 7, 2022